DGAP-News

NFON AG confirms positive development in 2020 and presents growth strategy 2024 - Seite 3

"Our 2024 growth strategy can be summarized in three words: Target - Enhance - Scale," says Klaus von Rottkay. "Our business takes place in Europe, and that is where we are staying. It is precisely this presence and the product portfolio tailored to it that we will optimize. We will expand our existing PBX business in the direction of 'smart workflow' voice-centric business communications and, starting with our more than 2,700 partners, invest in the expansion of this network."

*Def. voice-centric: any business interaction that involves voice: PBX, UCaaS, CCaaS, voice assistance and beyond

NFON will present the final figures at its Capital Markets Day, 15. April 2021, at 10:00 a.m. (CET). Interested parties can register for the web and conference call via the company's Corporate NFON website.

Starting at 3:00 p.m. (CET), the management team will present the 2024 growth strategy and product strategy in detail. Registration is possible via the Capital Markets Day website: Registration.

 

Result for financial year 2020 at a glance:

EUR million	2020	2019	Change
Total revenue	67.6	57.1	18.4%
Recurring revenue	59.4	48.1	23.6%
Share of recurring revenue in total revenue	87.8%	84.1 %
Non-recurring revenue	8.2	9.1	-9.6%
Share of non-recurring revenue in total revenue	12.2%	15.9%
ARPU blended1	9.77	9.64	1.3%
Seat growth