Vtion Wireless Technology AG (Vtion) adjusts its guidance for the full year 2015. The Management Board expects revenues to be somewhere around EUR 20 million with an EBIT margin of approximately 1.2%.

According to preliminary calculations of the nine-months results 2015, the company generated revenues decreased by 48% to EUR 18.6 million, an EBIT of EUR 0.18 million and an EBIT margin of 1%.

In the third quarter 2015, the company generated revenues of EUR 2.3 million in total representing a decline of 81% compared to the previous year's period against EUR 12.4 million a year ago.