Vectron Systems AG: Preliminary figures 2020

In the preparation of the 2020 financial statements, the preliminary figures are now crystallising: in its last forecast for the 2020 business year, Vectron had estimated sales in a range of EUR 25.0 to EUR 29.0 million and EBITDA in a range of EUR -2.0 to EUR 0.25 million. As already reported, Vectron achieved sales of approximately EUR 27.8 million. EBITDA is expected to have been approximately EUR -2.2 million, slightly exceeding the company's estimated range. 

Despite the ongoing obstacles related to the COVID-19 pandemic, the 2021 financial year has started very satisfactorily. Management expects the result to be positive again in Q1 2021.



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