Brief: Adva Optical Networking Says Software And Services To Contribute 30% Of Revenues By 2023

Adtran Networks SE

24/03/2021 08:02

March 24 (Reuters) - ADVA OPTICAL NETWORKING SE  ADAG.DE :
    * NEW APPLICATIONS AND GROWTH VERTICALS TO CONTRIBUTE 40% OF
REVENUES BY 2023
    * SOFTWARE AND SERVICES TO CONTRIBUTE 30% OF REVENUES BY
2023
    * VERTICALIZATION WITH OPTICAL SUB-MODULE REVENUES TO
CONTRIBUTE
10% OF REVENUES BY 2023
    * FY FREE CASH FLOW FROM EUR 7 MILLION TO EUR 39 MILLION

Source text for Eikon:  ID:nBw6YDBl5a 
Further company coverage:  ADAG.DE 

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