Brief: Vitec Acquires Finnish Software Company Hotellinx Systems

Vitec Software AB (publ)

04/05/2022 10:57

May 4 (Reuters) - Vitec Software Group AB (publ)  VITb.ST :
    * ACQUIRES THE FINNISH SOFTWARE COMPANY HOTELLINX SYSTEMS OY
    * HOTELLINX SYSTEMS REPORTED SALES OF SEK 18 MILLION, WITH
AN EBIT
OF SEK 8 MILLION FOR THE 2020/2021 FINANCIAL YEAR
    * PAYMENT WILL BE IN CASH
    * ACQUISITION IS EXPECTED TO YIELD AN IMMEDIATE INCREASE IN
EARNINGS PER SHARE FOR VITEC

Source text for Eikon:  ID:nWkr2FkZKJ 
Further company coverage:  VITb.ST 

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