06.07.2022 ADVA Optical Networking SE  DE0005103006

DGAP-Adhoc: ADVA Optical Networking SE: Changes in the Management Board


 

DGAP-Ad-hoc: ADVA Optical Networking SE / Key word(s): Merger/Personnel
ADVA Optical Networking SE: Changes in the Management Board

06-Jul-2022 / 18:37 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.


ADVA Optical Networking SE: Changes in the Management Board

 

Munich, Germany, 6. July 2022.

In the context of the foreign direct investment approval the German Federal Ministry for Economics and Climate Protection today has granted for the public exchange offer of Acorn HoldCo, Inc. (“Acorn HoldCo”), the supervisory board of ADVA Optical Networking SE (“ADVA” and the “Supervisory Board”) today devoted its attention to the future composition of ADVA’s management board.

As previously communicated in the announcement of the business combination in August 2021, ADVA’s CEO, Brian Protiva, will shortly transition into the position of Vice Chairman of the Board of Acorn HoldCo, the future parent company of both Adtran, Inc. and ADVA. Therefore, Brian Protiva and the Supervisory Board today agreed, that Brian Protiva will resign as CEO and member of ADVA’s management board after a transition period of several weeks.

Dr. Christoph Glingener, current CTO of ADVA, will take over the position of CEO in ADVA the day Brian Protiva leaves ADVA’s management board. The Supervisory Board also agreed with Dr. Glingener today that he will at least for the time being not assume the role as CTO or any other function in Acorn HoldCo.

 

Disclaimer
To the extent any announcements in this document contain forward-looking statements, such statements do not represent facts and are characterized by the words "will", "expect", "believe", "estimate", "intend", "aim", "assume" or similar expressions. Such statements express the intentions, opinions or current expectations and assumptions of ADVA and the persons acting jointly with ADVA. Such forward-looking statements are based on current plans, estimates and forecasts, which ADVA and the persons acting jointly with ADVA have made to the best of their knowledge, but which they do not claim to be correct in the future. Forward-looking statements are subject to risks and uncertainties that are difficult to predict and usually cannot be influenced by ADVA or the persons acting jointly with ADVA . These expectations and forward-looking statements can turn out to be incorrect and the actual events or consequences may differ materially from those contained in or expressed by such forward-looking statements.

 

Notifying person and contact for Investors:

Steven Williams

t: +49 89 890 66 59 18

[email protected]
 

Contact for press:

Gareth Spence

Tel.: +44 1904 69 93 58

[email protected]

 


06-Jul-2022 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: 1392415

 
End of Announcement DGAP News Service

1392415  06-Jul-2022 CET/CEST

fncls.ssp?fn=show_t_gif&application_id=1392415&application_name=news&site_id=boersengefluester_html


Die wichtigsten Finanzdaten auf einen Blick
  2017 2018 2019 2020 2021 2022 2023e
Umsatzerlöse1 514,47 501,98 556,82 564,96 603,32 712,11 613,67
EBITDA1,2 51,27 64,36 74,19 92,53 115,70 21,86 29,00
EBITDA-Marge3 9,97 12,82 13,32 16,38 19,18 3,07
EBIT1,4 4,40 14,99 12,00 27,47 45,30 18,11 13,30
EBIT-Marge5 0,86 2,99 2,16 4,86 7,51 2,54 2,17
Jahresüberschuss1 -0,19 7,05 7,05 20,31 59,22 18,13 -14,51
Netto-Marge6 -0,04 1,40 1,27 3,59 9,82 2,55 -2,36
Cashflow1,7 27,13 60,36 66,89 97,14 123,25 14,84 0,00
Ergebnis je Aktie8 -0,09 0,19 0,14 0,40 1,15 0,35 -0,28
Dividende8 0,00 0,00 0,00 0,00 0,00 0,52 0,00
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2022 - 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
Adtran Networks
WKN Kurs in € Einschätzung Börsenwert in Mio. €
510300 19,980 Halten 1.040,05
KGV 2025e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
27,00 22,47 1,20 58,25
KBV KCV KUV EV/EBITDA
2,82 70,11 1,69 63,67
Dividende '22 in € Dividende '23e in € Div.-Rendite '23e
in %
Hauptversammlung
0,52 0,52 2,60 24.05.2023
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.05.2024 08.08.2023 07.11.2023 18.04.2024
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-0,20% -0,05% -0,10% -7,41%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu ADVA Optical Networking SE  ISIN: DE0005103006 können Sie bei EQS abrufen


Telekomausrüster , 510300 , ADV , XETR:ADV