DGAP-Adhoc 608 0 Kommentare Vectron Systems AG: Sales record in 2016

DGAP-Ad-hoc: Vectron Systems AG / Key word(s): Preliminary Results

Vectron Systems AG: Sales record in 2016

20-Jan-2017 / 10:52 CET/CEST

Disclosure of an inside information acc. to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG.

The issuer is solely responsible for the content of this announcement.

Vectron Systems AG has determined the most important, still preliminary key
data for the business year 2016. After a strong third quarter, the positive
trend accelerated in the fourth quarter, leading to the highest turnover in
the Company's history with a total of EUR 33.251m. This corresponds to an
increase in 28 % compared to the previous year where the turnover was
already high. The strong growth in sales can be attributed partly to the
new fiscal demands on POS systems. The deadline, until which
non-retrofittable POS systems could be used, expired on 31 December 2016
but only a small percentage of customers have reacted so far. As the
increase in turnover continued during the first weeks of the current year,
Vectron assumes that considerable potential can still be released.

The EBITDA increased by 46% to EUR3.978m in the business year 2016,
corresponding to an EBITDA margin of about 13%. The EBIT amounts to
EUR3.450m, which corresponds to a growth of 61 % compared to the previous
year. At the same time, the net profit could be increased by 69 % to
EUR2.044m and the cash holdings of EUR11.649m are 23% above previous year's
value. The Company could achieve this growth in earnings although the
number of employees was increased in order to promote the next stage of
expansion of the in-house online tool bonVito, which so far is mainly used
as marketing instrument for bakeries and the hospitality trade. It is to be
developed to an end user platform, which combines order-, coupon- and
reservation services in the catering trade. The annual business report 2016
with the final figures will be published on 28 April 2017 at
www.vectron.de.

Contact:

Thomas Stümmler

Managing Board

Vectron Systems AG

Willy-Brandt-Weg 41

48155 Münster, Germany

phone +49 (0)251 2856 - 0

fax +49 (0)251 2856 - 564

www.vectron.de

ir@vectron.de

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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
Listed:	Regulated Unofficial Market in Berlin, Dusseldorf, Stuttgart, Tradegate Exchange; Open Market (Entry Standard) in Frankfurt