21.10.2020 ADVA Optical Networking SE  DE0005103006

DGAP-Adhoc: ADVA Optical Networking SE announces Q3 2020 financial results and releases new guidance for full year 2020


 

DGAP-Ad-hoc: ADVA Optical Networking SE / Key word(s): Quarter Results/Forecast
ADVA Optical Networking SE announces Q3 2020 financial results and releases new guidance for full year 2020

21-Oct-2020 / 22:09 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.


Inside information acc. to Article 17 of the Market Abuse Regulation
ADVA Optical Networking SE announces Q3 2020 financial results and releases new guidance for full year 2020

Munich, Germany. October 21, 2020. Revenues in the third quarter of 2020 were EUR 146.7 million, up 1.6% from the year-ago quarter (Q3 2019: EUR 144.3 million). The pro forma operating income increased by 49.5% to EUR 11.1 million (Q3 2019: EUR 7.4 million) amounting to 7.5% of revenues compared to 5.1% in the year-ago quarter.

Based on the financial results for the third quarter and the current assumptions about business development in the fourth quarter of 2020, the management board of ADVA Optical Networking SE (ISIN: DE0005103006 FSE: ADV) today released new guidance for the 2020 financial year.

The management board now expects revenues between EUR 565 million and EUR 580 million and a pro forma operating income between 5% and 6% as a percentage of revenues for the full year 2020.

For the remainder of 2020 financial year, the further course of the global infection rates and associated further possible lockdown scenarios will be decisive. The new forecast assumes that the consequences of the Covid-19 pandemic will not intensify over the course of the year and that there will be no material delivery bottlenecks due to new lockdowns.

The management board has withdrawn the sales and profitability forecast for the full year 2020 contained in the company's 2019 annual report due to the high level of uncertainty about the further course of the Covid-19 crisis and its effects on ADVA's business. Originally, the company had forecast increasing revenues of more than EUR 580 million with an increased pro forma operating result of more than 5% of revenues.
The quarterly statement for the third quarter and the nine-month period 2020 will be published as planned on October 22, 2020.

 

About ADVA
ADVA is a company founded on innovation and focused on helping our customers succeed. Our technology forms the building blocks of a shared digital future and empowers networks across the globe. We're continually developing breakthrough hardware and software that leads the networking industry and creates new business opportunities. It's these open connectivity solutions that enable our customers to deliver the cloud and mobile services that are vital to today's society and for imagining new tomorrows. Together, we're building a truly connected and sustainable future. For more information on how we can help you, please visit us at www.adva.com.

Published by:
ADVA Optical Networking SE, Munich, Germany
www.adva.com

Notifying Person and Contact for investors:
Stephan Rettenberger, Senior Vice President Marketing & Investor Relations
t +49 89 890 665 854
[email protected]

Contact for press:
Gareth Spence
t +44 1904 699 358
[email protected]


21-Oct-2020 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: ADVA Optical Networking SE
Märzenquelle 1-3
98617 Meiningen-Dreissigacker
Germany
Phone: +49 89 890 665 0
Fax: +49 89 890 665 199
E-mail: [email protected]
Internet: www.advaoptical.com
ISIN: DE0005103006
WKN: 510300
Indices: SDAX
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1142343

 
End of Announcement DGAP News Service

1142343  21-Oct-2020 CET/CEST

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 441,94 566,69 514,47 501,98 556,82 564,96 603,00
EBITDA1,2 64,06 58,94 51,27 64,36 74,19 92,53 0,00
EBITDA-Marge3 14,50 10,40 9,97 12,82 13,32 16,38 0,00
EBIT1,4 26,76 19,37 4,40 14,99 12,00 27,47 55,50
EBIT-Marge5 6,06 3,42 0,86 2,99 2,16 4,86 9,20
Jahresüberschuss1 26,85 21,53 -0,19 7,05 7,05 20,31 0,00
Netto-Marge6 6,08 3,80 -0,04 1,40 1,27 3,59 0,00
Cashflow1,7 39,42 61,35 27,13 60,36 66,89 97,14 0,00
Ergebnis je Aktie8 0,55 0,43 -0,09 0,19 0,14 0,40 0,75
Dividende8 0,00 0,00 0,00 0,00 0,00 0,00 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: PricewaterhouseCoopers

INVESTOR-INFORMATIONEN
©boersengefluester.de
ADVA Optical Networking
WKN Kurs in € Einschätzung Börsenwert in Mio. €
510300 12,600 Kaufen 640,12
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
15,00 21,06 0,71 44,84
KBV KCV KUV EV/EBITDA
2,43 6,59 1,13 6,99
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
Hauptversammlung
0,00 0,00 0,00 19.05.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
22.04.2021 22.07.2021 21.10.2021 25.02.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
7,96% 33,91% 78,47% 71,66%
    
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Telekomausrüster , 510300 , ADV , XETR:ADV