NFON AG / DE000A0N4N52

  Munich, 20 August 2025 – The Management Board of NFON AG (Frankfurt Stock Exchange, Prime Standard, ISIN DE000A0N4N52), a leading European provider of integrated business communications, has today passed a resolution to revise its guidance for the financial year 2025. This revision is based on preliminary results for the first half of 2025 and its current assessment of the market environment. The Management Board nevertheless confirms its medium-term targets.

In the first half of 2025, NFON generated consolidated revenue of EUR 44.2 million (+3.9% compared to H1 2024) and adjusted EBITDA of EUR 5.7 million (+3.4%). Growth was driven especially by the project business – primarily through AI-based solutions from botario GmbH, which was acquired in 2024. Continuing market uncertainties and economic challenges, particularly in the core market of Germany, have led to a reluctance to invest. As a consequence, revenue growth in the core cloud telephony segment fell short of original assumptions, as the realisation of individual growth drivers was also delayed and the existing market potential could not yet be fully exploited in the first half of the year.

Given this, the Management Board now expects consolidated revenue growth of between 3% and 5% for the financial year 2025 (previous guidance: between 8% and 10%) and adjusted EBITDA in a range between EUR 12.5 million and EUR 14.0 million (previous guidance: between EUR 13.5 million and EUR 15.5 million).

Despite this revision, NFON still believes it is well positioned to achieve the medium-term targets that form part of its NFON Next 2027 corporate strategy. The Group’s high share of recurring revenue, its diversified business model and its consistent implementation of strategic initiatives – especially in the areas of AI-based innovations, sales focus and efficiency enhancement – form the basis for this outlook. These factors are reflected in stable and resilient business performance, which delivers a tailwind for further growth in the coming years.

The full half-year report 2025 will be published on 21 August 2025 and will be available for download from the Investor Relations area of the NFON AG website.
Adjusted guidance for FY 2025:

Key figure	Previous guidance	Revised guidance
Consolidated revenue growth	8 % – 10 %	3 % – 5 %
Adjusted EBITDA (in EUR million)	13.5 – 15.5	12.5 – 14.0

Investor Relations contact
NFON AG
Friederike Thyssen
Vice President Investor Relations & Sustainability
+49 89 45300-449
ir-info@nfon.com


Media contact
NFON AG
Thorsten Wehner
Vice President Public Relations
+49 89 45300-121
thorsten.wehner@nfon.com
About NFON AG NFON is a leading European provider of integrated business communication with a focus on AI-based applications. The company, which is listed in the Prime Standard segment of the Frankfurt Stock Exchange, has nine branch operations and works together with over 3,000 partners. Every day, NFON supports around 55,000 business customers in Europe with intuitive communication solutions that make their businesses more efficient and flexible. NFON is active as a licensed telecoms company in 15 European countries.

As a long-term partner for small and medium-sized businesses, NFON combines technological innovation with user-friendly and efficient business communication solutions. With both AI-based technologies and operational excellence, NFON enables companies to harness the full potential that artificial intelligence offers – for optimised processes, more precise customer interactions and new growth opportunities.

With its core product, the smart cloud communications platform, NFON offers hassle-free voice calls, simple video conferencing and seamless integration of CRM and collaboration tools for small and medium-sized companies. All of NFON’s cloud services are operated in certified data centres in Germany, with 100% of their energy needs covered by renewable sources.

http://www.nfon.com/
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