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R&M Records Highest Growth Performance in the Middle East and Africa
Published Oct 3, 2010
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Reichle & De-Massari (R&M, www.rdm.com), the Swiss structured cabling specialist, announced its most recent financial performance figures for 2010, where the Middle East and Africa emerged as its most successful region. Despite the still uncertain economic climate, R&M recorded an impressive 16% growth rate for the first half of the year and was able to extend its regional market leadership in the passive cabling domain. Africa was particularly successful, having achieved in the first half of the year its entire sales figures of 2009, enabling the Swiss cabling specialist to extend its regional market leadership in the passive cabling domain.
Growth is being driven by increased infrastructure investment throughout the Middle East, notably in the Public Networks division (broadband and telecommunications networks) where the company benefited from a number of initiatives to deploy fiber or FTTx solutions in key markets such as the UAE, Saudi Arabia, Egypt, and Qatar. R&M has also successfully completed a number of projects throughout the region in the Private Networks division (building, companies, clinics, data processing centers) across several industry verticals including healthcare, oil and gas, data centers, hotels, education, and finance.
Looking forward, the Swiss cabling specialist expects the growth trend to be maintained as international network operators, telecoms companies and data processing centers continue to invest in new infrastructure. R&M is expecting a significant increase in Public Network orders for the remainder of the year.
At the product level, demand for the recently launched Cat. 6A connection module, which sets new standards for high performance copper cabling is particularly strong. The Single Circuit Management System that simplifies the management of large volumes of fiber optics in broadband providers’ distributors is also about to be launched in the Middle East market.
Jean Pierre Labry, Managing Director, R&M Middle East and Africa commented on the announcement by saying “The economic outlook remains uncertain, with large projects being planned very cautiously. However, we have every reason to be optimistic that the strong growth performance we demonstrated will continue. It is a testament to our overall strategy of developing forward looking products that anticipate the needs of the market as well as investing in the region for the region.”
R&M owns a strong position in the Middle East, offering customizable, flexible innovations such as its breakthrough Cat. 6A connection module, Cat. 6 shielded and unshielded products, and FTTx solutions. R&M’s over 5,500 product portfolio of copper and fiber cabling solutions are renowned for its Swiss quality and modularity, while meeting the highest international industry standards such as ISO/IEC. The Swiss cabling specialist is the only manufacturer who tests each component 100% during the assembly versus the batch testing competitors apply.
Supported by local offices throughout the Middle East and Africa, including in the UAE, Saudi Arabia, Jordan and Egypt, R&M structured cabling solutions cater to the growing demand by organizations and enterprises to high speed uninterrupted access to information across their networks. The company maintains a forward looking strategy of innovation and technology leadership, delivering unsurpassed solutions with high performance and efficiency.
Facts & Figures
Reichle & De-Massari AG (R&M) develops and produces cabling solutions for communications networks. R&M has earned a reputation as a quality leader with its excellent copper and fiber optical products. The company has its own marketing organizations in over 30 countries. It generates 75 percent of its sales abroad; EBIT was 6 percent. The company invests more than USD 9 million in research and development every year. R&M is one of the largest companies in Switzerland and currently has more than 600 employees. The company is wholly owned by the Swiss Reichle family and is now being run by the second generation as an independent family-owned company. For more information please visit: www.rdm.com
Contact:
Reichle & De-Massari MEA (R&M)
Telephone: + 971 4 299 6428
Internet: www.rdm.com
Press contact:
VMD > ROOT Technologies
English: Ann Ruengsorn, VMD > ROOT Technologies, Tel: +202 22671601 ext. 205
Arabic: Rawan Makeen, VMD > ROOT Technologies, Tel: +202 22671601 ext. 205
E-mail: vmd@root-technologies.com
Posted by
VMD - [Virtual Marketing Department]
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