News for investors of the the Vectron Systems AG
Vectron Systems AG: Cooperation with Coca-Cola will continue
On August 31st 2018, Vectron Systems AG has announced a co-operation with Deutschlandcard GmbH regarding the joint development of a hospitality platform. This is to be based on the successful Deutschlandcard system. Following the publication of this announcement, some shareholders contacted the company and asked whether this cooperation had any influence on the ongoing partnership with Coca-Cola. Coca-Cola and Vectron have found out after extensive tests that it is faster,...
Vectron Systems AG: HOSPITALITY.digital and VECTRON start a joint fieldtest
HOSPITALITY.digital, the digital unit of METRO, and Vectron, leading supplier of POS systems in bakeries and restaurants, will start a joint pilot project in the Rhineland on 03 September 2018. * More than 100 restaurateurs are to test the Duratec POS systems by Vectron free of charge * The goal: To reduce the installation effort of new POS systems; support in the electronic archiving of POS data; development of new digital business models ...
Vectron Systems AG: Half-year results in line with expectations
Münster, 31 August 2018 - Vectron Systems AG, leading solutions provider of POS systems in the catering trade, has published figures for the first half of 2018 (30.06.). Sales of POS systems are determined by the various phases of fiscal legislation relating to them. The first phase of these guidelines was the "Principles for the proper management and storage of books, records and documents in electronic form and for data access" (GoBD). These require individual recording of...
Silvia Ostermann becomes COO of Vectron Systems AG
In order to drive forward the expansion and internationalization of the new digital business areas, Vectron Systems AG is strengthening the Executive Management Board with a third mandate. The Supervisory Board of Vectron Systems AG has appointed Silvia Ostermann as Chief Operating Officer with effect from 1 August 2018. This appointment adds a mandate to Oliver Kaltner (CEO) and Jens Reckendorf (CTO). Silvia Ostermann (52) has many years of management and operations...
Vectron Systems AG: Quarter result - slight sales increase compared to Q4/2017
Despite an expected restrained demand in the core market compared to 2017 Vectron achieved, due to marketing, sales and partner promotions, revenues of EUR 7.4m in the first quarter of 2018 although this is traditionally a weaker sales period. This equals an increase of 6.3 % compared to Q4 2017(EUR 6.9 m.) which usually tends to be stronger saleswise. The company expects in 2018 an ongoing restrained demand, but the market will show a significant increase in demand in 2019...
Vectron Systems AG: Strategic realignment accompanied by CI change
The strategic realignment of Vectron Systems AG from a POS system manufacturer to a full-size system solution provider will be further accelerated in the coming months. The medium-sized company offers hardware, software and cloud-based services, which are developed at the company headquarters in Münster and sold internationally. The aim of the company's strategy, which is designed for significant growth, is to be the leading solution provider in the digital transformation of the...
Vectron Systems AG: EUR 10.0 million loan from DZ BANK
The Vectron Systems AG receives a loan of EUR 10.0 million from DZ BANK AG. It serves to finance projects within the framework of the growth-oriented digital transformation strategy and investments in software, IT and cloud-based services planned in this connection. Digital complete solutions integrated in Vectron POS systems are to help advance the necessary digital transformation for restaurateurs and develop Vectron into the leading online platform for the out-of-home market. The...
Vectron Systems AG: Result in 2015 more than doubled
DGAP-News: Vectron Systems AG / Key word(s): Final Results
2016-04-29 / 08:49
The issuer is solely responsible for the content of this announcement.
The Vectron Systems AG closed the business year 2015 with a net profit of
EUR1.2 million, which corresponds to an increase by 127 % compared to the
preceding year (EUR0.5 million). The turnover amounts to EUR25.2 million,
an increase by 12.5 % compared to the...