Vianet Group (VNET)

Sector:

IT Hardware

Index:

FTSE AIM All-Share

 154.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 167.50
  • 52 Week Low: 112.50
  • Currency: UK Pounds
  • Shares Issued: 28.95m
  • Volume: 2,492
  • Market Cap: £44.73m

Vianet on track to meet 2020 market expectations

By Josh White

Date: Thursday 15 Aug 2019

LONDON (ShareCast) - (Sharecast News) - Internet of things data and business insight provider Vianet Group updated the market on its trading on Thursday, reporting that performance in the first four months of the 2020 financial year had been as anticipated, with the group being on course to meet market expectations.
The AIM-traded firm said its 'Smart Machines' division had successfully concluded negotiations on three long-term contracts with leading vending operators during the period.

It said the combined contracts for 20,000 units would generate in the region of £10m of revenue over the three-to-five year contract terms, which the board said further underpinned the growth of Smart Machines.

Craig Brocklehurst, currently the company's commercial operations director, had been appointed to head up the group's Smart Zones division, the board also announced.

That move followed the upcoming departure of Steve Alton, who was recently appointed chief executive of pub industry body, the British Institute of Innkeeping.

"We are pleased with the contract wins, which are evidence of the group's positive start to the year," said Vianet chairman James Dickson.

"The group also congratulates Craig on his appointment to head up Smart Zones, replacing Steve Alton who was recently appointed chief executive of pub industry body, the British Institute of Innkeeping.

"We have no doubt that Steve's draught beer quality expertise and insight make him ideally suited for his new role and he leaves with our best wishes."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Vianet Group Market Data

Currency UK Pounds
Share Price 154.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 167.50
52 Week Low 112.50
Volume 2,492
Shares Issued 28.95m
Market Cap £44.73m

Vianet Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
58.99% above the market average58.99% above the market average58.99% above the market average58.99% above the market average58.99% above the market average
76.00% above the sector average76.00% above the sector average76.00% above the sector average76.00% above the sector average76.00% above the sector average
Price Trend
69.60% above the market average69.60% above the market average69.60% above the market average69.60% above the market average69.60% above the market average
28.00% above the sector average28.00% above the sector average28.00% above the sector average28.00% above the sector average28.00% above the sector average
Income
33.13% above the market average33.13% above the market average33.13% above the market average33.13% above the market average33.13% above the market average
71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average71.43% above the sector average
Growth
8.56% below the market average8.56% below the market average8.56% below the market average8.56% below the market average8.56% below the market average
52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average52.00% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Vianet Group Dividends

  Latest Previous
  Interim Final
Ex-Div 19-Dec-19 13-Jun-19
Paid 05-Feb-20 26-Jul-19
Amount 1.70p 4.00p

Trades for 18-Feb-2020

Time Volume / Share Price
12:32 107 @ 153.70p
11:04 651 @ 153.70p
09:19 1,734 @ 153.66p

Vianet Group Key Personnel

Finance Director Mark Hardwick Foster
CEO Stewart Darling

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