R&M announced its 2019 sales growth, reaching 276.7 million Swiss francs, and currently has offices on the East Coast of the United States and China.

R&M is a developer and supplier of high-quality network infrastructure cabling systems based in Wetzkang, Switzerland.

The company has a focused growth strategy and achieved critical success in 2019. R&M increased by 4.4%, adjusted for the currency effect, and increased by 6.8%.

However, operating profit (EBIT) declined slightly. The company said this was due to the high investment costs of integrating newly acquired companies and expanding market organizations. Global R&M now has 1,300 employees.

Michel Riva, CEO of R&M, said: “R&M has witnessed sustained and steady growth over the past five years. In 2019, we were once again above the industry average. However, we currently find ourselves in a challenging market environment. Especially in 2019 Investment in global FTTH network expansion has declined."

In March 2019, R&M entered the East Coast of the United States through the acquisition of Optimum Fiberoptics of Maryland. Large data centers, corporate headquarters, and government agencies are all located in this area.

The company said that R&M's US branches in California and Maryland provide proprietary products, logistics and services to the North American continent.

In April, R&M acquired Dulac Intelligent Electric Co., Ltd., a manufacturer of data center network cabinets in Shanghai. The company said that the acquisition allows R&M to enter the Chinese market, such as finance, government, education and data centers.

At the same time, R&M is investing in a new production base outside of Shanghai to assemble optical fiber and copper cable systems.

According to the company, the development of this fiscal year varies in the sales regions. In South America and the Middle East, R&M achieved double-digit growth.

In Germany, Austria and Switzerland, sales initially declined, but the situation stabilized at the end of the year. R&M said that the European market offset this decline.

According to the company, the trade war between China and the United States and the crisis in the Indian telecommunications market have damaged business in these regions.

Despite this, Indian sales companies have achieved single-digit growth. In 2019, public networks in the R&M business area benefited from a number of key projects on broadband cabling to the front door (Fiber to the Home).

Despite the declining market environment, it still recorded a double-digit growth rate.

With the new FO distribution frame PRIME-ODF, R&M enables telecommunications companies to plan network expansion more freely than before.

R&M said that these companies can now more easily transform and increase the density of their sites, and only need to invest in wiring based on current needs.

The data center business area is struggling due to the slowdown in the market. According to the company, with the scope of its new subsidiary Durack in China, R&M can now become an integrated supplier of network equipment for data centers in Asia.

In addition to the new fiber optic distributor, R&M also introduced internally developed software products for the first time. It helps data center operators manage their networks digitally.

The largest business area, the LAN department, achieved steady single-digit growth. R&M stated that it relies on new developments and high-quality products to quickly transmit data to offices and smart buildings.

Riva said: “R&M expects that the market environment in 2020 will remain challenging. Recent investments and product innovations aim to make a decisive contribution to the continued growth strategy. Thanks to the company’s innovative strength, R&M now covers the entire range of connections. "