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Vianet profits expected to be ahead of last year

By BFN News | 09:49 AM | Wednesday 22 April, 2015


Vianet Group (AIM:VNET), the leading provider of real time monitoring systems and data management services for the leisure, vending, and forecourt services sectors, has reported that trading for the second half of the year has been satisfactory and the Group's full year profits will be broadly in line with market expectations and ahead of last year's outturn of £3.048m. The Board expects to be in a position to recommend to shareholders that the final dividend for the year ended 31 March 2015 be maintained at 4p. James Dickson, chairman, commented: "Against a backdrop of ongoing pub closures and increased investment in the US, the Group has delivered year-on-year growth. Importantly, there has been solid overall progress across the business and prospects are encouraging, particularly for telemetry solutions for the coffee vending market. "Given the Group's prospects and continued investment, the Board is confident that growth will continue through the remainder of the current financial year." At 9:49am: (LON:VNET) Vianet PLC share price was -0.5p at 89.5p Story provided by StockMarketWire.com

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