REG - Vianet Group PLC - AGM Statement

VianetAnnouncement

Wed 07:00

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RNS Number : 1954R  Vianet Group PLC  16 July 2025

 

16 July 2025

Vianet Group plc

 

("Vianet" or the "Group")

AGM Statement

 

Vianet Group plc (AIM: VNET), a leader in delivering actionable data and
business insights through an integrated ecosystem of hardware devices,
software platforms, and smart insights portals, will be holding its Annual
General Meeting ("AGM") today at 11.30 a.m. at the offices of Vianet Group
plc, One Surtees Way, Surtees Business Park, Stockton on Tees, TS18 3HR.

 

James Dickson, Chair, will provide the following trading update at today's
meeting:

 

"The positive momentum reported across both divisions at the time of our Full
Year results has continued, with the business making further progress in line
with management's growth expectations.

 

Our strategic initiatives and partnerships, together with ongoing investment
in our solutions, people and technology, continue to strengthen our customer
proposition, enabling the team to reinforce existing relationships,
successfully attract new customers, and expand our range of services.

 

Our already secured long-term contracts provide strong recurring revenue
visibility whilst also  presenting a robust sales pipeline for our execution.
The Group is strongly positioned for continued growth as we deliver on our
long-term strategic plan and explore future strategic opportunities for
Vianet."

- Ends -

Enquiries:

 Vianet Group plc
 James Dickson, Chairman & CEO         +44 (0) 1642 358 800               www.vianetplc.com
 Cavendish Capital Markets
 Stephen Keys, Hamish Waller           +44 (0) 207 220 0500      ww.cavendish.com

Investor Enquiries:

 Dale Bellis, Sunila de Silva  +44 (0) 207 220 0500  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
a significant business to business (b2b) connected solutions provider 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 Unattended retail 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 Hospitality 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 4G LTE 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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