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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: 111.00
Bid: 110.00
Ask: 112.00
Change: -0.50 (-0.45%)
Spread: 2.00 (1.818%)
Open: 111.50
High: 111.50
Low: 111.00
Prev. Close: 111.50
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Vianet Group shares plunge as trading misses expectations

Fri, 22nd Feb 2013 08:25

Vianet Group shares plunged Friday after the real time monitoring systems provider announced half-year trading fell short of management expectations. Shares tumbled over 20% on Friday morning as the group said its results for the six months to March 31st this year missed targets. The company, which provides monitoring systems and data management to the leisure, vending, and forecourt services sectors, also estimates full-year profit before exceptional items and amortisation of around £3.2m, compared to £3.9m last year. Vianet said increased investment in the US, delays in new contracts and pressure in the leisure sector impacted performance. "It is obviously disappointing to be downgrading expectations," said Chief Executive, James Dickson."We have made good progress in a number of areas but have not been able to offset the effect of contract delays. The investment made in the US and recent contract wins in the UK means that the outlook for 2014 remains promising."He said actions have been taken to reduce costs across the group, particularly in its Fuel Solutions business which supplies management information to petrol operators via a web-based solution."It is against this backdrop and the continued strong cash generation that the board expects to maintain the dividend."The group expects to issue a total dividend of 5.7p per share.RD
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10 Jun 2014 13:27

Vianet reports drop in profit, but looks ahead with greater confidence

Vianet Group on Tuesday reported a drop in pre-tax profit for the year ended March 31st, which it blamed in part on pub closures and uncertainty over the statutory code for pub companies. The firm, which is a real-time monitoring systems and data management provider to the services sectors reporte

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10 Jun 2014 11:08

Vianet Group's Full-Year Profit Hit By New Pub Laws

LONDON (Alliance News) - Vianet Group PLC Tuesday reported a fall in pretax profit and revenue for the full-year, as uncertainty surrounding a new statutory code for pub tenants took its toll, coupled with withdrawing from "lower margin work." The company, which designs and develops fluid m

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31 Mar 2014 12:47

Vianet To Maintain Final Dividend, Hopeful On Government Pub Review

LONDON (Alliance News) - Vianet Group PLC Monday confirmed plans to maintain its final dividend at 4 pence for the full-year ended Monday, as trading in the second-half was broadly in line with expectations. Vianet expects to post a full-year pre-exceptional operating profit of GBP3.0 milli

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19 Feb 2014 16:43

CORRECT: DIRECTOR DEALINGS: Vianet Chairman Buys 39,000 Shares

(Correcting price shares were purchased at) LONDON (Alliance News) - Vianet Group PLC Wednesday said Chairman James Dickson bought 39,000 shares at a price of 69.25 pence per share. Following this transaction, Dickson holds 4.4 million shares, which represents 15.79% stake in the firm

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19 Feb 2014 16:01

DIRECTOR DEALINGS: Vianet Chairman Buys 39,000 Shares

LONDON (Alliance News) - Vianet Group PLC Wednesday said Chairman James Dickson bought 39,000 shares at a price of 60.25 pence per share. Following this transaction, Dickson holds 4.4 million shares, which represents 15.79% stake in the firm. The stock was trading at 69.44 pence up 2.

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9 Oct 2013 09:22

Vianet warns of shrinking full-year profit

Real-time monitoring systems provider Vianet said it expects full-year operating profit to fall below last year's level after a slowdown in spending from UK pubs. The group, whose beer monitoring technology is used in one in three British pubs and claims to be able to measure the perfect pint, sai

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9 Oct 2013 08:27

Vianet Cuts Profit Forecasts On Concerns Over UK Pub Rule Proposals

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