Vectron Systems AG

  • ISIN: DE000A0KEXC7
  • Land: Deutschland

Nachricht vom 01.03.2022 | 11:00

Vectron Systems AG: Vectron publishes target figures for the current business year 2022

DGAP-News: Vectron Systems AG / Key word(s): Forecast
01.03.2022 / 11:00
The issuer is solely responsible for the content of this announcement.

Münster, March 1st, 2022: Vectron Systems AG (Vectron), a leading supplier of intelligent, digitalised POS systems consisting of hardware, software and cloud services, with a focus on hospitality and bakery sectors, publishes the planning for the current business year 2022.
As of March 20th 2022, German Federal Government will terminate most Covid-related restrictions. Against this background, the Management Board of Vectron Systems AG has now set the planning for the current business year. Whilst in Q1 2022 the effects of the Corona measures led to a certain reluctance to invest, especially in the hospitality sectors, the company expects an overall return to normality from the 2nd quarter onwards.
Despite negative Corona-related effects in Q1 and the simultaneously expiring fiscalisation-effects, Vectron expects continued strong growth in recurring revenues from digital services. Here, sales according to IFRS are expected to increase from EUR 6.5 million in 2021 to EUR 9.8 million in 2022.
For the business year 2022, the company expects total sales of EUR 33 million to EUR 36 million with an EBITDA range between EUR 1.9 million and EUR 3.4 million according to IFRS accounting. Preliminary results 2021 (IFRS) show total sales of EUR 38.2 million and an EBITDA of EUR 4.7 million.
In the past two years, Vectron has fully exploited the opportunities of fiscalisation with the highest sales in the company's history and consolidated its position as market leader with by far the largest installation base.
"Now the challenge is to sell digital services to this huge customer base. During the pandemic, customers have learned the importance of digital channels and are now increasingly asking for these solutions. This transformation of the business towards recurring revenue is therefore picking up pace. This development has been perpetuated in recent years. For example, recurring revenue increased from EUR 2.8 million (HGB/ local GAAP) in 2019 to EUR 4.1 million (HGB/ local GAAP) in 2020 to EUR 6.5 million (IFRS) in previous financial year. This year, management expects an additional increase to EUR 9.8 million (IFRS). We assume that growth with digital solutions can even be accelerated in the next few years and thus become a true game-changer for Vectron", explains Thomas Stuemmler, CEO of Vectron Systems AG.

Contact external IR service provider:

Meister Consulting GmbH
Im Schling 3
59955 Winterberg
Tel.: +49 (2983) 90 81 21
Fax.: +49 (2983) 90 81 23

01.03.2022 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

show this

Events im Fokus

Termine 2022

1./2. Juni 2022: Fachkonferenz Immobilien & Software | IT

13./14. Juli 2022: Fachkonferenz Beteiligungsgesellschaften & Consumer/Leisure

12./13. Oktober 2022: Fachkonferenz Finanzdienstleistungen/Technologie

Aktueller Webcast


Webcast Q2 2022

07. Juli 2022

Aktuelle Research-Studie

Original-Research: GBC Insider Focus Index (von GBC AG): GBC Insider Focus Index

06. Juli 2022