Strong balance sheet despite weak Q4 2019, successful product launches, portfolio expansion in two new segments
KATHREIN Digital Systems (KATHREIN DS), market leader for digital satellite, terrestrial, cable or IP signal reception and distribution, concludes its first business year (stub year from 01 April to 31 December 2019) since becoming independent with a positive result. Although the market has been slack recently, the company can look back on a strong overall balance sheet: With its strong team, the company succeeded in seamlessly taking over the existing Kathrein structures and establishing them under the new KATHREIN DS brand. At the same time, the introduction of new products and product groups has been successful, including, for example, new rotatable satellite antennas for the camping sector and a wide range of security technology products. For 2020, KATHREIN DS plans to maintain this momentum and continue its growth by developing further innovations.
One of the most important goals for KATHREIN DS in 2020 and an essential part of the strategy is to increase its presence on the market as well as expand its retailer business and international activities. “In order to further sharpen our profile as a particularly reliable partner for our customers and to continue our growth, our sales team, customer service and products must always be at the ready,” says Uwe Thumm, managing director of KATHREIN Digital Systems GmbH. “Many of our products are ‘made in Germany’ and are therefore hardly affected by shortages caused by the current pandemic – a good example of the importance of product quality combined with proximity to markets. We strive to develop these and other strengths in 2020 in order to offer our trading partners a perfect end-to-end package.”
KATHREIN DS also has ambitious plans for 2020 regarding product extension. In spring, a network cable and a hybrid cable for network technology, for example, will be put on the market. The cables will perfectly expand the existing portfolio of high-quality cables. The company also plans to enter the market segment for DAB+ end devices.