Vectron Systems AG: Vectron presents preliminary figures for the 1st half-year 2022
|
DGAP-News: Vectron Systems AG
/ Key word(s): Half Year Results/Preliminary Results
Münster, 26 July 2022: Vectron Systems AG (Vectron), a leading supplier of intelligent, digitalised POS systems consisting of hardware, software and cloud services, with a focus on the gastronomy and bakery sectors, publishes preliminary figures according to IFRS for the 1st half-year 2022.
After the government subsidy programme, with up to 90 per cent reimbursement of the investment sum, had ensured absolute record sales in the first half of the last financial year 2021, both revenue and earnings fell as expected after this subsidy expired. In the first half of 2022, revenue fell from EUR 21.4 million to EUR 12.6 million. At the same time, earnings (EBITDA) deteriorated to EUR -0.5 million (H1 2021: EUR 4.9 million). In contrast, recurring revenues continued to develop positively. Compared to the same period of the previous year, these rose from EUR 2.8 million to EUR 4.2 million in the first six months of 2022. Since the last deadlines for converting cash register systems to the new fiscal regulations expire in 2022, the company expects a further boost in demand at the end of the current financial year. About Vectron: With more than 250,000 installations, the listed Vectron Systems AG is one of the leading European manufacturers of POS systems. Stable hardware combined with flexible, reliable software has made Vectron a market leader within the hospitality and bakery industries in German-speaking countries and in Benelux. Several hundred specialist trade partners distribute the products internationally. Digital Cloud Services are offered under the brand names myVectron and bonVito. The spectrum ranges from loyalty and payment functions to online reservations and online reporting. All the services are directly connected to the POS system, making it the core data center. More information available at www.vectron.de. 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
26.07.2022 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
| 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: | 1405597 |
| End of News | DGAP News Service |
|
|
1405597 26.07.2022
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.