Brief: Nfon 9-Mth Adjusted EBITDA Up At EUR 2.8 Mln

nfon AG

18/11/2021 06:08

Nov 18 (Reuters) - NFON AG  NFN.DE :
    * CONTINUES TO DRIVE GROWTH STRATEGY 2024 AND STRENGTHENS
ITS
ACTIVITIES IN CONTACT CENTER MARKET
    * EXPECTS A SLIGHTLY WEAKER GROWTH RATE FOR SEAT BASE OF 12%
TO
14% FOR FULL YEAR 2021 COMPARED TO ORIGINALLY FORECAST 15% TO
17%.
    * 9-MONTH ADJUSTED EBITDA OF EUR 2.8 MILLION AROUND 11%
ABOVE
PREVIOUS YEAR'S LEVEL
    * 9-MONTH AT EUR 56.5 MILLION, TOTAL REVENUE IN REPORTING
PERIOD
WAS 14.3% HIGHER THAN VOLUME FOR SAME PERIOD IN 2020
    * FORESEES A SLIGHT FLATTENING OF GROWTH RATE OF RECURRING
REVENUES FOR FULL YEAR FOR 12-MONTH PERIOD
    * GROWTH RATE OF RECURRING REVENUES IS LIKELY TO BE AT LOWER
END
OF ORIGINALLY FORECAST RANGE OF BETWEEN 14% AND 16%

Source text for Eikon:  ID:nEQ5VpYhfa 
Further company coverage:  NFN.DE 

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