NFON AG: Annual General Meeting 2025 underscores claim to leadership in AI-based business communication

NFON AG: Annual General Meeting 2025 underscores claim to leadership in AI-based business communication

• Annual General Meeting 2025 characterised by dual transformation – clear course set to enhance competitiveness through targeted investments in AI business area
• AI innovations already in productive use across entire NFON solution portfolio
• Shareholders reaffirm course taken: all resolutions approved by clear majorities

Munich, 26 June 2025 – NFON, a leading European provider of integrated business communications, today held its Annual General Meeting for the 2024 financial year at the hbw Conference Center Haus der Bayerischen Wirtschaft in Munich. Numerous shareholders took this opportunity to engage in personal dialogue with the Management Board. A total of 88.13% of the share capital was represented. All resolutions proposed by the Management and Supervisory boards were approved by clear majorities.

The Annual General Meeting focussed on the consistent implementation of the NFON Next 2027 strategic agenda that the company presented in the spring. As the European market leader for AI-supported business communications, NFON’s aim is to set standards with the aim not only of harnessing this key technology, but also of actively shaping the future of digital business communications. The focus is on a dual transformation based on two strategic levers: the sustainable strengthening of the profitable core business and the targeted expansion of smart, scalable AI-based solutions – an interplay that enables differentiation and scaling in equal measures.

In his speech, CEO Patrik Heider emphasised the progress that NFON has achieved over the course of the past year: “2024 was a year of tangible progress for NFON – operationally, technologically and financially. We have delivered – the technological foundation is in place and the transformation is gathering momentum. We are thereby creating the conditions for profitable organic growth.”

CTO Andreas Wesselmann explained how NFON identified the opportunities of structural market change deriving from AI at an early stage and has already transitioned them into specific technological measures that are both close to the market and scalable. In addition to the comprehensive modernisation of the infrastructure and the development of a scalable platform architecture, a company-wide AI & Innovation organisation was established. The integration of AI specialist botario and the strengthening of the team – including the appointment of Jana Richter as EVP AI & Innovation – underscore NFON’s claim to combine technological excellence with market-oriented innovative capabilities.

“Our AI-driven solutions create real differentiation, tap new revenue sources and raise the user experience to a new level. Our consistently market-orientated approach to innovation is crucial here – supported by close collaboration with our partners,” continues Wesselmann.

NFON also made significant financial progress in 2024: revenue grew by 6.1% to EUR 87.3 million, while adjusted EBITDA was up by 48% to EUR 12.3%. Free cash flow reached EUR 6.4 million – reflecting a five-fold increase compared to the previous year. The acquisition of botario was financed entirely from the company’s own funds and already contributed EUR 1.9 million to revenue – representing around 38% of total growth.

At the Annual General Meeting, NFON also presented the progress it has achieved in the sustainability area. A voluntary sustainability statement for the 2024 financial year based on European Sustainability Reporting Standards has already been published. The EU Taxonomy was also integrated for the first time. In addition, the company’s Carbon Disclosure Project (CDP) rating improved significantly from D to SME-B.

With NFON Next 2027, the company is pursuing a binding, market-orientated roadmap for sustainable growth, technological differentiation and operational excellence. The focus here is on a deep understanding of customer needs, close cooperation with the partner network and an organisation that is geared towards implementation, scaling and speed.

The voting results for the Annual General Meeting 2025 can be downloaded from NFON’s corporate website in the Investor Relations/Annual General Meeting area.


Investor Relations contact

NFON AG
Friederike Thyssen
Vice President Investor Relations & Sustainability
+49 89 453 00-449
ir-info@nfon.com

Media contact

NFON AG
Thorsten Wehner
Vice President Public Relations
+49 89 453 00-121
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/


Disclaimer 

This notification is provided for information purposes only and constitutes neither an offer to sell nor an invitation to buy or subscribe for the company’s securities. The securities discussed in this notification are not and will not be registered under the US Securities Act of 1933 as amended (“US Securities Act”) and are only permitted to be sold or offered for purchase in the United States of America after prior registration or on the basis of an exemption under the US Securities Act. No public offer of the securities discussed in this notification will be made in the United States of America and the information contained in this notification does not constitute an offer to buy securities. This notification is not intended for direct or indirect distribution, publication or dissemination to or within the United States of America, Australia, Canada, Japan or other countries in which the distribution of this notification is unlawful, or to US persons.