NFON's FY25 report confirms growth amid AI transformation. While macro challenges persist, ARPU rises, supporting a long-term bullish outlook. Remains BUY, new PT € 8.30.
17 Apr 2026
Trading still soft but AI acceleration set to kick in
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Trading still soft but AI acceleration set to kick in
NFON's FY25 report confirms growth amid AI transformation. While macro challenges persist, ARPU rises, supporting a long-term bullish outlook. Remains BUY, new PT € 8.30.