Vectron Systems AG: Vectron with further cost reductions

Vectron Systems AG / Key word(s): Profit Warning
Vectron Systems AG: Vectron with further cost reductions
14-Nov-2022 / 15:51 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by EQS News - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

Münster, 14.11.2022
Against the background of continuing great uncertainties, especially in the target industries gastronomy and bakeries, the Board of Management of Vectron Systems AG decided today to use further savings potentials in order to noticeably reduce monthly costs in the future. The resulting one-time burdens, e.g. provisions and depreciations, will mainly occur in this business year. As a result of this and a possibly weaker than expected turnover development, the previous profit expectations for the current financial year will probably have to be reduced.
The company sees this as necessary steps to be able to work profitably again in the coming financial year despite a continuing challenging environment.
External IR service provider:
Meister Consulting GmbH
Im Schling 3
59955 Winterberg
phone: +49 (2983) 90 81 21
fax: +49 (2983) 90 81 23

14-Nov-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at


show this

Do you have questions?

For additional information please contact us by phone or via the contact form.

(Mon – Fri, 9 a.m. to 5 p.m. CET)