NFON released a strong set of FY24 prelims, showing better than expected growth, margins as well as cash generation. Going forward, the company is seen to benefit from efficiency gains and an improved sales mix.

28 Feb 2025
Strong FY24p highlighted by superb FCF; chg.

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Strong FY24p highlighted by superb FCF; chg.
NFON released a strong set of FY24 prelims, showing better than expected growth, margins as well as cash generation. Going forward, the company is seen to benefit from efficiency gains and an improved sales mix.