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Pin to quick picksVianet Grp Share News (VNET)

Share Price Information for Vianet Grp (VNET)

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Share Price: 115.50
Bid: 114.00
Ask: 117.00
Change: -0.50 (-0.43%)
Spread: 3.00 (2.632%)
Open: 116.00
High: 116.00
Low: 115.50
Prev. Close: 116.00
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IN BRIEF: Vianet In Good Position To Resume Earnings Growth

Wed, 26th Aug 2020 14:32

Vianet Group PLC - Stockton-on-Tees, England based internet-of-things monitoring platform - Trading for first four months to July 31 ahead of revised revenue and profit expectations. Opening of pubs on July 4 positively impacted most of the company's cloud based data service customers. Saw a higher return of customers than expected in last six weeks, rising to 80% from 56%. Data insight, analytics and customer support revenue recommenced in August and the company anticipates a gradual restoration of this income through to 2020 end. Seeing a positive level of trading in its smart machines business. Reports growing engagement with brewers and consumer goods brand owners. Remains in a "robust" position to navigate financial 2021 and resume earnings growth.

Current stock price: 98.00 pence

Year-to-date change: down 38%

By Greg Roxburgh; gregroxburgh@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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11 Jun 2024 12:19

Vianet ups annual dividend 50% as "drive to grow top line" succeeds

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25 Apr 2024 14:29

Vianet quarterly turnover grows; secures payment solution contract

(Alliance News) - Vianet Group PLC on Thursday gave an update on its first quarter trading, and said it has secured a multi-year contract with a UK-based car wash company.

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25 Apr 2024 10:19

Vianet recurring revenues, adjusted underlying earnings rise in FY24

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12 Dec 2023 11:55

Vianet predicts further growth as loss widens but revenue stable

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6 Nov 2023 14:58

IN BRIEF: Vianet Non-Executive Stella Panu buys 100,000 shares

Vianet Group PLC - Stockton-on-Tees, England-based provider of retail sales and volume monitoring systems - Non-Executive Director Stella Panu buys 100,000 shares at 69.05 pence each, worth GBP69,050, in London on Friday. Panu is now interested in 175,000 shares, a 0.59% stake.

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IN BRIEF: Vianet says trading as expected as swallows Beverage Metrics

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