Vianet Group PLC Trading Statement (4032M)
October 13 2016 - 1:00AM
UK Regulatory
TIDMVNET
RNS Number : 4032M
Vianet Group PLC
13 October 2016
Press Release 13 October 2016
Vianet Group plc
("Vianet", the "Company" or the "Group")
Trading Update
and Notice of Interim Results
Vianet Group plc (AIM: VNET), the leading provider of real time
monitoring systems, data management services and business
intelligence for the leisure and vending sectors, today provides
the following trading update ahead of the Group's results for the
half year ended 30 September 2016, which are scheduled for release
on Tuesday, 6 December 2016.
Trading for the Group's continuing businesses for the first half
of the current financial year was ahead of the same period last
year, achieving good growth 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.
The Group's UK core beer flow monitoring operations, including
iDraught, has continued to strengthen its market position and
maintained its contribution, and encouragingly there are signs that
the rate of pub closures in the sector has slowed down.
Vending Telemetry has continued to extend its penetration of the
European market which has helped deliver first half growth, with
good ongoing prospects.
James Dickson, Chairman, commented: "We have continued to make
good commercial progress by delivering highly relevant solutions
that drive strong returns for our customers. Given the Group's
encouraging prospects and mindful of our desire to continue to
provide a superior yield for our shareholders, the Board intends to
declare a maintained interim dividend of 1.7 pence per share."
An audio cast of the interim results presentation given by
Stewart Darling (Chief Executive) and Mark Foster (Chief Finance
Officer), will be released at 0700hrs on Tuesday, 6 December 2016
on the Group's website www.vianetplc.com with the link also being
distributed by Yellow Jersey PR.
- Ends -
Enquiries:
Vianet Group plc
James Dickson, Chairman Tel: +44 (0) 1642
358 800
james.dickson@vianetplc.com www.vianetplc.com
Cenkos Securities plc
Stephen Keys / Camilla Hulme Tel: +44 (0) 20
7397 8900
www.cenkos.com
Media enquiries:
Yellow Jersey PR
Sarah Hollins Tel: +44 (0)7764
sarah@yellowjerseypr.com 947 137
www.yellowjerseypr.com
About Vianet
Vianet Group provides real time monitoring systems, data
management solutions, business intelligence, and associated
services for the leisure and vending sectors. Since its Admission
to AIM in 2006, the Group has grown from its core beer monitoring
business both organically and through strategic acquisitions to
widen its offering to pub and bar retailers with its industry
leading product iDraught. The Group has also developed new
businesses, especially in vending telemetry and contactless payment
solutions particularly for the premium coffee sector.
For further information, please visit www.vianetplc.com
This information is provided by RNS
The company news service from the London Stock Exchange
END
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