DGAP-News

ADVA Optical Networking SE posts strongest Q1 results in company's history - Seite 2

2021 Mar. 31
2020 Change Dec. 31
2020 Change         Cash and cash equivalents 79,060 52,753 49.9% 64,881 21.9%         Net debt 10,626 67,705 -84.3% 25,545 -58.4%         Net working capital 125,785 134,219 -6.3% 129,853 -3.1%        

¹ Potential difference due to rounding

Q1 2021 IFRS financial results
Revenues in Q1 2021 reached EUR 144.5 million, up by 2.8% from EUR 140.6 million in Q4 2020, also up by 8.9% compared to EUR 132.7 million in the same year-ago period, and are within the guidance corridor of between EUR 143 million and EUR 148 million. This success was particularly due to high order volume from network operators as well as private companies and governments.