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Vianet says H1 trading ahead, year on year

By BFN News | 07:18 AM | Monday 19 October, 2015


Vianet Group said H1 trading was ahead of the same period last year, with good growth achieved in line with the board's expectations. Against that background, the board intends to declare a maintained interim dividend of 1.7 pence per share. Encouraging commercial and operational progress has been made across the Group's businesses, notwithstanding the continued pressure on trading in the pub sector, with the focused approach to exploiting growth opportunities, such as in vending telemetry, set to underpin the Group's return to growth. Chairman James Dickson commented: "Whilst trading in the pub sector remains challenging, we have continued to make good commercial progress across the business by delivering highly relevant customer solutions where data insights and actionable data drive strong returns for our customers. "Given the Group's encouraging prospects and cognisant of providing a superior yield for our shareholders, the Board intends to declare a maintained interim dividend of 1.7 pence per share." Story provided by StockMarketWire.com

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