NFON AG Provides Revenue Guidance for the Year 2020
March 03, 2020 at 01:00 am EST
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With regard to recurring revenues, NFON AG plans to achieve a growth rate of between 22% and 26% for 2020 compared to the previous year. This means that NFON will maintain the high organic growth rate of previous years with steadily increasing revenue volumes. This does not take into account additional growth impulses from possible M&A activities. With regard to customer-operated seats, NFON AG is planning growth of between 20% and 24% for the full year 2020. All forecasts do not take into account any further company acquisitions.
Nfon AG is a Germany-based company that provides cloud-based telephone systems. Its product and service offering includes primarily NFON Cloud Telephone System, a public multi-tenant PBX delivering servicing from the cloud, as well as specialist solutions. The Companyâs services enable communication for customers and their employees on various devices, including smartphones, tablets, personal computers, and desk phones. Its customers range from local small businesses to international large enterprises. The Company is active in various European countries, including Germany, Austria, Switzerland, the Netherlands, Poland, Hungary, the United Kingdom, Slovenia, Slovakia, Spain, Croatia, Romania and Portugal.
NFON AG 
