2025 ahead ayondo Franchise coming soon
Happy 
xMas Holidays
xMas Holidays
xMas Holidays
|
DGAP-Ad-hoc: Vectron Systems AG / Key word(s): Profit Warning/Results Forecast
Münster, June 20th 2022: After a weaker business in the second quarter than initially assumed, the Board of Vectron Systems AG adjusts the forecast for the current business year 2022.
In the context of possible supply chain problems and high demand at the same time, Vectron specialist dealers had built up high stocks towards the end of previous year. Contrary to expectations, Vectron was able to avoid supply bottlenecks as far as possible, and dealers have now largely reduced their excess stocks in the first months of the business year 2022. This resulted in Vectron's sales to these specialist dealers being dampened accordingly. According to Vectron's surveys, this destocking is far advanced and should therefore have less of an impact in the second half of the year. For the business year 2022, the company therefore expects sales of EUR 27.0m to EUR 30.0m with an EBITDA of EUR -0.8m to EUR 0.8m according to IFRS accounting. In the previous forecast of 1st of March 2022, the company planned sales of EUR 33.0m to EUR 36.0m with an EBITDA of EUR 1.9m to EUR 3.4m. However, the structural shift towards digital services continues steadily, relatively unaffected by the distortions in cash register markets caused by external events. The Executive Board continues to expect a significant increase in recurring revenues, i.e. from EUR 6,5m in 2021 to a level of EUR 9,0m to 9,5m (previous forecast EUR 9,8m). Contact: External IR service provider: Meister Consulting GmbH Im Schling 3 59955 Winterberg Tel.: +49 (2983) 90 81 21 Fax.: +49 (2983) 90 81 23 E-Mail: meister@meisterconsult.com
20-Jun-2022 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. |
| Language: | English |
| Company: | Vectron Systems AG |
| Willy-Brandt-Weg 41 | |
| 48155 Münster | |
| Germany | |
| Phone: | 0251/ 28 56 - 0 |
| Fax: | 0251/ 28 56 - 564 |
| E-mail: | info@vectron.de |
| Internet: | www.vectron.de |
| ISIN: | DE000A0KEXC7 |
| WKN: | A0KEXC |
| Indices: | Scale 30 |
| Listed: | Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Stuttgart, Tradegate Exchange |
| EQS News ID: | 1379503 |
| End of Announcement | DGAP News Service |
|
|
1379503 20-Jun-2022 CET/CEST
P R O D U C T S U G G E S T I O N S
The information presented here has been provided by our content partner EQS-Group. The originator of the news is the respective issuer, the company relating to the news, a publication service provider (press or information agency) which uses the distribution service of EQS to transmit company news to shareholders, investors, investors or interested parties. The original publications and other company-relevant information can be found at eqs-news.com.
The information you can access does not constitute investment advice. The presentation of our cooperation partners, where the implementation of investment decisions would be possible depending on the individual risk profile, is solely at the discretion of the person using the service. We only present companies of which we are convinced that the range of services and customer service will satisfy discerning investors.
If you are considering leverage products, familiarise yourself with the typical characteristics of the financial instruments beforehand. Take the time to determine the risk content of the planned investment before making an investment decision. Bear in mind that a total loss cannot be ruled out with leverage products.
For newcomers to the subject, we offer various options in both the training and the tools section, through which you can train theoretical knowledge and practical experience and thus improve your skills. The offer ranges from participation in webinars to personal mentoring. The range is continuously being expanded.
1 Lab features are usually functionalities that emerge from the think tank of the investor community. In the early stages, these are experimental functionalities whose development process is largely determined by use and the resulting feedback from the community. When integrating external services or functionalities, the functionality can only be guaranteed to the extent that the individual process elements, such as interfaces, interact with each other.
