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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 Systems Announces Its Medium-term Planning

Mon 25th November, 2019 7:59pm
Nov 25 (Reuters) - Vectron Systems AG  V3SG.DE :
    * IN FINANCIAL YEAR 2020, VECTRON EXPECTS SALES OF AT LEAST
EUR 50
MILLION WITH AN EBIT MARGIN IN LOW DOUBLE-DIGIT PERCENTAGE RANGE
    * STARTING IN 2022, RECURRING REVENUES SHOULD BE HIGHER THAN
THOSE
OF TRADITIONAL VECTRON POS BUSINESS FOR FIRST TIME ON FY BASIS

Source text for Eikon:  ID:nEQc3FWNHa 
Further company coverage:  V3SG.DE 

 ((Reuters.Briefs@thomsonreuters.com;))
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