New Managing Director for Austria
NFON AG, the only pan-European cloud PBX provider, today announced the appointment of Gernot Hofstetter as Managing Director of NFON Austria. As Managing Director, he is responsible for Sales in Austria and CEE. César Flores Rodríguez, CSO of NFON AG: “Austria is one of the key markets in Europe and Gernot will also make a significant contribution to the fulfilment of our growth strategy in CEE – there is an enormous market penetration potential. We want to become number one in Europe." Gernot Hofstetter succeeds Markus Krammer, Vice President Products & New Business, who has headed the company as interim managing director since January.
Many years of experience
Gernot Hofstetter has more than ten years experience as Sales Director at Interoute Austria, most recently as Branch Manager. "Driving digital transformation forward is a great task. With NFON we focus on a first-class customer experience and the highest data security standards. Austria and Eastern Europe play an important role in European digitisation. NFON offers a firstclass and highly scalable technology platform for the future of business communication," Gernot Hofstetter emphasizes. Gernot Hofstetter reports directly to César Flores Rodríguez.
Change favours expansion
NFON is the new freedom of business communication. The company with its headquarters in Munich counts over 15,000 companies in 13 European countries among its customers. The Austrian branch is located in St. Pölten. In Austria, well-known customers such as shpock, paysafecard, Vienna House, Count IT, Ruefa Reisen and Falkensteiner Hotels & Residences trust the cloud based telephone system. One of the newest Austrian customers is the Municipality of St. Pölten, the capital of Lower Austria. Hans Szymanski, CEO & CFO of NFON AG: "The economic success of NFON AG is based on a strong business model. Our enormous growth in recent years is driven by a structural change in the telecommunications market and the increasing intention of companies to make their communications organization more efficient, flexible, secure and cost-effective. I look forward to a successful collaboration with Gernot."
Strong business model
The business model of NFON AG is based on a unique combination of strong growth and longterm recurring revenue. This was also demonstrated by the recently published quarterly figures: The number of seats grew by 31.3%, from 205,211 (Q1 2017) to 269,392 (Q1 2018) with a recurring revenue share of total revenue of 80.6%. NFON AG has been listed in the Prime Standard of the Frankfurt Stock Exchange since May 11, 2018.
About NFON AG
Headquartered in Munich, NFON AG is the only pan-European cloud PBX provider – counting more than 15,000 companies across 13 European countries as customers. NFON, the cloud telephone system, offers over 150 functions as well as a seamless integration of premium solutions. With our intuitive communications solutions, we enable European companies to improve their work a little, every single day. NFON is the new freedom of business communication. www.nfon.com
Headquarter NFON AG
Investor Relations NFON AG