REG - Vianet Group PLC - USA Contract Win and Trading Update

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RNS Number : 7741R  Vianet Group PLC  05 February 2026

05 February 2026

 

Vianet Group plc

 

("Vianet", the "Company" or the "Group")

 

USA Contract Win and Trading Update

 

VIANET, the international provider of actionable data, business insights and
payment solutions through an integrated ecosystem of connected hardware
devices, software platforms and smart insights portals, is pleased to announce
a significant USA contract and provide a current year trading update.

USA Agreement

Vianet Americas, Inc., a subsidiary of Vianet Group plc has entered a
long-term, multi-year agreement with a large full-service restaurant company.
Under the terms of the agreement, Vianet Americas, Inc. will deploy its
Beverage Metrics inventory solution nationally across multiple locations,
within one of the restaurant company's major brands.

Deployment of Beverage Metrics system helps hospitality operators to monitor
and manage inventory, providing increased visibility and insight to optimise
beverage operations.

The initial deployment, which is expected to be completed in Q1 of the
upcoming financial year, will not impact the Group's current year's
financials.

James Dickson, President of Vianet Americas Inc, and CEO of its parent company
Vianet Group PLC, commented:

"This agreement reflects continued progress in the Group's strategy and
together with our recent contract with World of Beer, and new partnership
agreement with www.Fintech.com, it reinforces our long-term commitment to
investing in the US hospitality market, which continues to perform strongly.

Deploying Beverage Metrics to a leading restaurant operator validates the
relevance of our technology for large, multi-site operators in delivering
measurable operational and financial benefits at scale"

Trading Update

Both divisions are expanding their installation footprint by extending
existing customer contracts and winning new clients despite the backdrop of UK
economic uncertainty particularly for our hospitality customers.

While this provides a solid base of recurring income and a healthy pipeline,
the rate of deployment and pipeline conversion in the second half of the year
has been slower than previously anticipated due to our customers' current
cautious approach to investment.

The Group achieved a robust performance in the first half of 2026 with EBITDA
rising by 10.5% to £1.88 million, underscoring the resilience of its business
model. However, we expect the profit for FY2026 to align with the previous
year's performance primarily due to a slower rate of deployment, ongoing
strategic investments in the Beverage Metrics platform, and the discontinued
ERP platform income.

At year-end, net debt is projected to be in line with market forecasts, which
should facilitate a continued increase in the Group's final dividend.

James Dickson, Chair & CEO of Vianet commented:

"I'm pleased with the progress our business is making despite the challenging
economic environment. The expansion of existing customer contracts, the
acquisition of new clients, and our advancements in the USA underscore the
strength and quality of our operations.

These developments will drive growth in recurring income and enhance cash
generation. We remain optimistic about the Group's outlook and expect to
deliver increased returns for our shareholders"

This announcement contains inside information.

 

- Ends -

 

Enquiries:

 

 Vianet Group PLC
 James Dickson, Chairman & CEO      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 actionable management information and
business insight created through combining data from our smart Internet of
Things ('IOT') solutions and external information sources.

Since Admission to AIM in 2006, the Group has grown from its core beer
monitoring business both organically and through strategic acquisitions to
widen its offering and develop new businesses, especially in vending telemetry
and contactless payment solutions particularly for the premium coffee sector.

Servicing over three hundred customers across the world and rendering live
data to our IOT platform from over 250,000 connected machines daily, Vianet is
one of the largest business to business (b2b) connected solutions providers in
Europe with established long-term relationships with blue chip customers and
growing recurring revenues which are over 85% of our total revenues.

In our Smart Machines division, we connect a single data gathering device
with its own on-board communication capability to a customer's asset or
system. The device then sends data back via our IOT platform to cloud based
servers. The technology was originally developed for automated retailing
machines; however, the flexibility and functionality of the device means the
technology can be applied to any machine which has the capability to output
data. The device is also used to connect our contactless payment solution and
communicate payment terms to our cloud-based payment services providers where
that application is also required.

The Smart Zones division is where we connect multiple data gathering devices
into one or more systems or assets with the data from those devices being
communicated back to our IOT platform and cloud-based servers via a single 3G
communications hub. The technology was originally developed for flow
monitoring devices, temperature sensors, and asset management in drinks
retailing but any data gathering device with a digital output could be
connected to the communications hub where required such as gaming machines,
utilities management and EPOS.

For further information, please visit www.vianetplc.com
(http://www.vianetplc.com/)

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