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Vianet lifts FY pretax profit

By BFN News | 09:20 AM | Thursday 04 June, 2015


Vianet Group announces its final results for the year ended 31 March 2015. Highlights are: - Revenue for the year of £18.53 million (2014: £18.34 million) - Recurring revenues at 71% (2014: 78%) - Gross margin increased to 59.4% (2014: 58.8%) - Operating profit before amortisation of goodwill, share option and exceptional costs up 4.3% at £3.18 million (2014: £3.05 million) - Profit before tax up 9.6% at £1.71 million (2014: £1.56 million) - Proposed final dividend of 4.00 pence per share giving a full year total of 5.70 pence per share (2014: 5.70 pence per share) - Vending operating profit up 60% at £0.56 million (2014: £0.35 million) - Fuel Solutions into profit at £0.03 million (2014: £0.19 million loss) - Operational cash generation up 78% at £2.87 million (2014: £1.61 million) - Underlying basic earnings per share (pre deferred tax adjustment) up 9.3% at 6.33 pence (2014: 5.79 pence) At 9:20am: (LON:VNET) Vianet PLC share price was -0.5p at 101.5p Story provided by StockMarketWire.com

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