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Vianet says encouraging outlook for 2015

By BFN News | 07:35 AM | Tuesday 15 July, 2014


Vianet said it is optimistic for the medium and long term prospects of the group and this confidence is reflected in its decision to maintain the final dividend of 4p per share. "The Group's progress provides an encouraging outlook for 2015 and the Board remains committed to delivering shareholder value." Chairman James Dickson also said in his AGM presentation that the first quarter of the current year has started largely as anticipated with trading in the pub sector remaining flat ahead of the implementation of the Statutory Code, which was announced by the Government in early June. "The Group's other business areas have made good progress. In Vending Solutions, our coffee vending telemetry systems have continued to make further gains and Vianet Fuel Solutions is trading profitably," Dickinson said. "The Board is pleased that the uncertainty around the Statutory Code is being lifted as this has had, for some time, a detrimental impact on the Group's core beer monitoring business. "Whilst the Company is satisfied with the outcome, the Board remains conscious that the legislative implementation of the wider Statutory Code may remain a distraction for our customers for a period of time yet." Story provided by StockMarketWire.com

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