Brief: ADVA Q4 Net Income Up At EUR 17.51 Mln

Adtran Networks SE

24/02/2022 06:09

Feb 24 (Reuters) - ADVA Optical Networking SE  ADAG.DE :
    * ANNOUNCES RECORD RESULTS FOR FISCAL YEAR 2021
    * OUTLOOK FISCAL YEAR 2022: REVENUES EUR 650 - 700 MILLION;
PRO
FORMA EBIT 6.0% - 10.0% OF REVENUES
    * ANNUAL PRO FORMA EBIT UP BY 61.5% TO AN ALL-TIME HIGH OF
EUR
54.6 MILLION (9.1% OF REVENUES)
    * ANNUAL REVENUES UP BY 6.8% TO RECORD LEVEL OF EUR 603.3
MILLION
    * Q4 2021 IFRS REVENUES REACHED EUR 157.7 MILLION, UP BY
3.9% FROM
EUR 151.8 MILLION IN Q3 2021
    * PRO FORMA EBIT FOR Q4 2021 WAS EUR 14.4 MILLION (9.1% OF
REVENUES) AND INCREASED BY 10.4%
    * Q4 NET INCOME UP AT EUR 17.51 MILLION

Source text for Eikon:  ID:nEQ6vBpk9a 
Further company coverage:  ADAG.DE 

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