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General

Adva revenues hit record EUR 149.4 mln in Q2

Friday 16 July 2021 | 18:20 CET | News
Adva has released positive preliminary figures for the second quarter, despite the coronavirus pandemic and semiconductor supply crisis. The company said supply constraints were increasingly presenting Adva and other telecom equipment manufacturers with major challenges. As a consequence, the board has kept its full year revenue guidance at EUR 580-610 million. It also sees a pro forma operating profit margin of 7-10 percent.

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Categories: General
Companies: Adva
Countries: World
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