Brief: Vigo System Adopts Strategy For 2021-2026

Vigo Photonics SA

16/06/2021 14:47

June 16 (Reuters) - Vigo System SA  VGOP.WA :
    * ADOPTS STRATEGY FOR 2021-2026
    * SAYS WILL SEEK 20-30% ANNUAL REVENUE GROWTH
    * SAYS AIMS FOR 67 MLN ZLOTYS REVENUE AND 29.5 MLN ZLOTYS
EBITDA
IN 2021
    * SAYS AIMS FOR 80 MLN ZLOTYS REVENUE AND 33.5 MLN ZLOTYS
EBITDA
IN 2022
    * SAYS AIMS FOR 100 MLN ZLOTYS REVENUE AND 40 MLN ZLOTYS
EBITDA IN
2023
    * SAYS PLANS TO SPEND 30-40 MLN ZLOTYS/YR FOR FINANCING
INVESTMENTS IN R&D AND TECH INFRASTRUCTURE IN 2021-2023
    * SAYS ‍ALSO CHANGES DIVIDEND POLICY TO RECOMMENDING NO
DIVIDEND
DURING STRATEGY PERIOD​

Source text for Eikon:  ID:nEM9rz6Vwa 
Further company coverage:  VGOP.WA 

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