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MarketScreener Homepage  >  Equities  >  Xetra  >  Vectron Systems AG    V3S   DE000A0KEXC7

VECTRON SYSTEMS AG

(V3S)
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Vectron Systems AG: Vectron Systems publishes figures for the first quarter 2019

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05/10/2019 | 12:05pm EDT

DGAP-News: Vectron Systems AG / Key word(s): Quarter Results
Vectron Systems AG: Vectron Systems publishes figures for the first quarter 2019

10.05.2019 / 18:00
The issuer is solely responsible for the content of this announcement.


Vectron Systems AG (Vectron), a leading supplier of intelligent POS systems comprising hardware, software and Cloud services and with a focus on the catering and bakery sectors, presented the figures for the first quarter 2019. As expected, a reluctance to buy was noticeable in the cash market, which can be explained by customers waiting for the legal introduction of the new fiscalization system on January 1, 2020. Sales declined accordingly and amounted to Euro 5.866 million (previous year Euro 7.416 million). The EBITDA fell to -0.887 m Euro (previous year -0,188 m Euro). Against the background of the new legal requirements for POS systems as of January 1, 2020, it is expected that sales in the POS business will rise significantly from the fourth quarter onwards.
 
About Vectron:
With more than 200,000 installations, the listed Vectron Systems AG is one of the leading European manufacturers of POS systems. Stable hardware combined with flexible, reliable software has made us the market leader for POS solutions in the German-speaking area and in the Benelux countries in the catering and bakery sectors. Several hundred specialist trade partners distribute the products internationally. Digital cloud services are offered under the brand names myVectron and bonVito. The portfolio ranges from loyalty and payment functions to online reservation and reporting. All the services are directly connected to the POS system, making it the core data center. More information available at www.vectron.de.


Contact:
Vectron Systems AG
Tobias Meister
Willy-Brandt-Weg 41
48155 Münster, Germany
phone +49 (0) 2983 908121
mobile +49 (0) 170 2939080
fax +49 (0)251 2856-560
tobias.meister@vectron.de


10.05.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Vectron Systems AG
Willy-Brandt-Weg 41
48155 Münster
Germany
Phone: 0251/ 28 56 - 0
Fax: 0251/ 28 56 - 564
E-mail: info@vectron.de
Internet: www.vectron.de
ISIN: DE000A0KEXC7
WKN: A0KEXC
Indices: Scale 30
Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Stuttgart, Tradegate Exchange
EQS News ID: 809815

 
End of News DGAP News Service

809815  10.05.2019 

fncls.ssp?fn=show_t_gif&application_id=809815&application_name=news&site_id=zonebourse

© EQS 2019
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Financials (€)
Sales 2019 33,1 M
EBIT 2019 0,53 M
Net income 2019 1,80 M
Finance 2019 2,10 M
Yield 2019 0,62%
P/E ratio 2019 33,93
P/E ratio 2020 13,15
EV / Sales 2019 1,95x
EV / Sales 2020 1,23x
Capitalization 66,6 M
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Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 24,8 €
Spread / Average Target 171%
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Managers
NameTitle
Thomas Stümmler Chief Executive Officer
Christian Ehlers Chairman-Supervisory Board
Silvia Ostermann Chief Operating Officer
Jens Reckendorf Head-Information Technology
Maurice Martin Oosenbrugh Deputy Chairman-Supervisory Board
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