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V3S - Vectron Systems AG News Story

€13.22 0.1  0.5%

Last Trade - 7:45am

Sector
Technology
Size
Small Cap
Market Cap £91.1m
Enterprise Value £84.0m
Revenue £23.8m
Position in Universe 749th / 1046

BRIEF-Vectron Sees Annualized Recurring Revenues Of About EUR 5.5 Million

Thu 3rd December, 2020 2:41pm
Dec 3 (Reuters) - VECTRON SYSTEMS AG  V3SG.DE :
    * SIGNIFICANT GROWTH OF MONTHLY RECURRING SALES
    * ALREADY OVER 10,000 ENTRY-LEVEL DIGITAL PACKAGES SOLD
    * PROJECTED ANNUALIZED RECURRING REVENUES OF APPROXIMATELY
EUR
5.50 MILLION
    * VECTRON SYSTEMS - IN OCTOBER 2020, VECTRON AND ITS
SUBSIDIARIES
COULD ALREADY ACHIEVE RECURRING REVENUES OF MORE THAN EUR 0.45
MIO. WITH MENTIONED PRODUCTS AND SERVICES, WHICH ALREADY
CORRESPONDS TO A SALES VOLUME OF ABOUT EUR 5.50 MILLION PER
YEAR.

Source text for Eikon:  ID:nEQ9VpFKFa 
Further company coverage:  V3SG.DE 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 778 51 10;))
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