Trading Update and Notice of Results

RNS Number : 6444C

Vianet Group PLC

19 April 2017

 

Press Release

19 April 2017

Vianet Group plc

("Vianet" or the "Group")

Trading Update and Notice of Results

Vianet Group plc (AIM: VNET), international provider of actionable data and business insight through devices connected to its Internet of Things platform, today provides the following trading update ahead of the Group's preliminary results for the year ended 31 March 2017, which are expected to be released on Tuesday, 6 June 2017.

Trading for the second half of the year has continued to improve as anticipated and, as a result, the Group's full year profits will be broadly in line with market expectations and ahead of last year's outturn of £3.02 million from continuing operations.

James Dickson, Chairman, commented: "The Group expects to again deliver year-on-year profit growth.  Importantly, there has been overall progress across the core businesses where focus on our exciting medium to long term prospects, particularly for telemetry and payment solutions for the coffee vending market is gaining momentum." 

An audio cast of the full year results presentation given by Stewart Darling (Chief Executive) and Mark Foster (Chief Finance Officer), will be released at 0700hrs on Tuesday, 6 June 2017 on the Group's website www.vianetplc.com with the link also being distributed by Yellow Jersey PR.

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Enquiries:

Vianet Group plc
James Dickson, Chairman	Tel: [phone]
[e-mail]	www.vianetplc.com

Cenkos Securities plc
Stephen Keys / Camilla Hume	Tel: [phone]
	www.cenkos.com

Media enquiries:

Yellow Jersey PR
Sarah Hollins [e-mail]	Tel: [phone] www.yellowjerseypr.com

About Vianet

Vianet Group provides real time monitoring systems, data management solutions, business intelligence, and associated services for the leisure and vending sectors.  Since its 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 to pub and bar retailers with its industry leading product iDraught.  The Group has also developed new businesses, especially in vending telemetry and contactless payment solutions particularly for the premium coffee sector.

For further information, please visit www.vianetplc.com

 

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