10/09-08   -   Press releases

R&M Beats the Downturn: First-Half Results Show Sustained Growth

Reichle & De-Massari AG (R&M) recorded a further period of growth in the first half of 2008. Sales amounted to CHF 122 million and the company posted a 5.1 percent increase.

Reichle & De-Massari AG (R&M), the specialist developer and manufacturer of components and cabling solutions for enterprise networks, is beating the sinister economic climate and maintaining its growth on a global scale.

In the first six months of 2008 R&M recorded growth of 5.1 percent (in local currencies growth amounted to 7.8 percent). Importantly, R&M is growing its volume in markets across the world.

With over four decades of international business history, R&M has weathered difficult market conditions before. In the UK, R&M is a relatively new supplier, their London City headquarter having opened earlier this year. With 30 market organizations located on all five continents R&M’s business is growing strongly in regions such as Middle East, Far East and Central and Eastern Europe. R&M’s interpretation of the half-year result is that it largely confirms the company’s positioning, enabling it to hold its ground in a difficult economic climate.

Facts & Figures
Reichle & De-Massari AG (R&M) develops and manufactures passive wiring solutions for communication networks. With high quality copper and fiber optic cable products, R&M has gained the reputation of a leader in quality. The company dominates the Swiss market and has established market organizations in 30 countries. The company generates roughly 75% of its sales abroad. Turnover in 2007 was CHF 241 million with an EBIT of 13 percent. More than CHF 7 million are invested annually in research and development. R&M is among the 500 largest and fastest-growing companies in Switzerland, continually creating new jobs. The company is fully owned by the Reichle family and is managed as an independent company business by the second generation.