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Vianet benefits from focus on newer products

By BFN News | 08:31 AM | Tuesday 24 April, 2012


Vianet Group's trading for H2 is likely to be as anticipated resulting in the full year profits expected to be around £4m and in line with market expectations. The Group's strategy to reduce costs and drive sales, particularly of the Group's newer products, has started to gain traction and the Board expects benefits to be realised in the current financial year. Despite trading remaining challenging, the progress on the Group's key products has been encouraging and the Board is confident that such progress will drive a return to growth in the coming year. At 8:31am: (LON:VNET) share price was 0p at 104p Story provided by StockMarketWire.com

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