Vectron Systems AG / Key word(s): Results Forecast
Münster, 10 February 2021: As recently reported, the company assumes that strong demand can be expected with the end of the Corona lockdown. This is especially true in view of the fact that so far only 30 to 40 percent of the target sector, the hospitality industry, has converted their POS systems in accordance with the new legal regulations. This is also indicated by the relatively good sales during the lockdown, although Vectron assumes that these would have been considerably higher without the Corona measures. In August last year, even before the second Corona lockdown became known, the company had forecast within its medium-term planning that sales in 2021 would increase to approx. EUR 50.0 million with a simultaneous EBITDA margin of 20 percent.
10-Feb-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Vectron Systems AG
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Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Stuttgart, Tradegate Exchange
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