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RNS Number : 7325G Vianet Group PLC 03 June 2026
03 June 2026
Vianet Group plc
("Vianet", the "Company" or the "Group")
Contract Renewal with Admiral Taverns
Vianet Group plc (AIM: VNET), the international provider of actionable data,
business insights and payment solutions, is pleased to announce the renewal of
its contract with Admiral Taverns for a further five-year term.
The renewed agreement covers almost 1,100 sites across the Admiral Taverns
estate and will see Vianet continue to provide its Smart Zones Beverage
Metrics draught beer monitoring and data analytics solutions.
The contract renewal reinforces Vianet's position as a trusted technology
partner within the UK hospitality sector and provides enhanced long-term
visibility of recurring revenues. The agreement further strengthens the
Group's highly recurring revenue model, with recurring revenues representing
approximately 88% of Group revenues.
The renewal further underpins the Board's confidence in the Group's recurring
revenue profile and medium-term growth prospects.
Craig Brocklehurst, Chief Executive Officer of Vianet Group plc, commented:
"We are delighted to extend our relationship with Admiral Taverns, which spans
almost two decades, through this new five-year agreement.
This renewal reflects the value our solutions continue to deliver across the
Admiral Taverns estate and demonstrates the confidence that Admiral Taverns
places in our technology, data insights and customer support teams.
Long-term partnerships such as this are central to our strategy. They provide
strong visibility of future recurring revenues while enabling us to continue
investing in innovation, advanced data analytics and AI-driven insights that
help customers improve operational performance and profitability."
Enquiries:
Vianet Group PLC
James Dickson, Chairman Tel: +44 (0) 1642 358 800
Sarah Bentham, CFO www.vianetplc.com (http://www.vianetplc.com/)
Cavendish Capital Markets Limited
Stephen Keys / Isaac Hooper Tel: +44 (0) 20 7220 0500
Investor Enquiries:
Dale Bellis Tel: +44 (0) 20 7397 1928
www.cavendish.com (http://www.cavendish.com/)
About Vianet
Vianet Group is a leading provider of IoT-driven data insights and payment
solutions, combining smart device data with external sources to deliver
actionable intelligence. Since joining AIM in 2006, the Group has expanded
beyond its core beer monitoring roots into inventory solutions, vending
telemetry, and contactless payment solutions for unattended retail.
Serving 300+ customers globally and processing data from over 250,000
connected devices daily, Vianet is a leading European B2B provider with over
85% recurring revenues and strong blue-chip relationships. The Group is also
expanding its presence in the USA hospitality market, securing key contracts,
and building a platform for future growth.
Its Smart Machines unattended retail division enables device-level
connectivity and payments, while Smart Zones Hospitality division integrates
multiple devices through a central hub to deliver system-wide insights and
inventory management solutions for hospitality operators.
For more information, visit www.vianetplc.com (http://www.vianetplc.com)
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