The economic consequences of the COVID-19 pandemic as well as negative currency effects have a negative impact on R&M Group sales. But in view of the exceptional situation in the financial year 2020, the company achieves solid results. R&M’s business model proves very resilient. The Group remains capable of acting at all times due to its fast-acting and digitally organized crisis management and thanks to its decentralized supply chain. The production plants in the East of the US and in China, acquired in the previous year, are modernized and reopened. This enables R&M to massively extend its regional offering in the US and in Asia.
The demand for FTTH increases dramatically in 2020. Some regions record double-digit growth rates in this segment. The success can be put down to, among others, products that were launched just recently, such as PRIME ODF and the Polaris Box family.
Data center operators rely increasingly on R&M’s compact Netscale platform and implement the new infrastructure management software inteliPhy net.
On August 1, 2020, a further milestone in the history of R&M was celebrated: 20 years of Cat. 6 and at the same time 100 million modules that were produced over the last twenty years.
The demand for bandwidth will continue to increase all over the world. The R&M portfolio is ready to satisfy this demand. New solutions for the megatrends 5G, edge data centers and digital building services are under development.
The Covid-19 pandemic sweeps the world at breakneck speed. The coronavirus determines the everyday life of the world’s population. Joe Biden becomes the 46th President of the United States of America. At his side: Kamala Harris, the first woman to hold the office of Vice President of the United States.