Vectron Systems AG

  • ISIN: DE000A0KEXC7
  • Land: Deutschland

Nachricht vom 23.10.2020 | 10:59

Vectron Systems AG: Significant improvement in sales and earnings despite restrictions due to Corona Pandemic in Q3 of 2020

DGAP-News: Vectron Systems AG / Key word(s): 9 Month figures
23.10.2020 / 10:59
The issuer is solely responsible for the content of this announcement.

  • Despite lockdown in connection with the corona pandemic, demand is increasing
  • Positive effects expected by 2022 from cash register conversions
  • Forecast confirmed once again
Vectron Systems AG (Vectron), a leading supplier of intelligent, digitalized POS systems consisting of hardware, software and cloud services, with focus on the catering and bakery sectors, increased sales in the third quarter of 2020 by 38.8 percent to EUR 7.6 million compared to the same period of the previous year. Overall, positive EBITDA of EUR 180 thousand (Q3 2019: EUR -565 thousand) was generated in the quarter despite continued high expenditures for the new digital business models. 

Based on the first nine months of the current fiscal year 2020, Vectron was also able to significantly improve both, sales and EBITDA. While revenues increased by 15.5 percent to EUR 20.2 million, the EBITDA loss decreased from EUR 1.6 million to about EUR 1.1 million. 

The improved sales situation resulted almost entirely from business generated on the German market, as all foreign markets were clearly in the red due to the effects of the corona measures. The upturn in business in Germany is mainly due to the first stronger wave of demand in conjunction with the retrofitting of POS systems in accordance with the new legal requirements. 

Management therefore remains very optimistic for the future. Experience shows that the special economic situation will continue beyond the statutory cut-off date (March 31, 2021) due to legal requirements and is likely to continue into 2022. It is becoming apparent that the special economic situation in connection with the legal requirements is likely to continue into 2022. The Board of Management therefore also adheres to the medium-term forecast issued in August. For the current year, this forecast was for sales in the range of EUR 25 to EUR 29 million and EBITDA in the range of EUR -2.0 to EUR 0.25 million.

About Vectron:
With more than 200,000 installations, the listed Vectron Systems AG is one of the leading European manufacturers of POS systems. Stable hardware combined with flexible, reliable software has made Vectron a market leader within the hospitality and bakery industries in German-speaking countries and in Benelux. Several hundred specialist trade partners distribute the products internationally. Digital Cloud Services are offered under the brand names myVectron and bonVito. The spectrum ranges from loyalty and payment functions to online reservations and online reporting. All the services are directly connected to the POS system. More information available at

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

23.10.2020 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

Event im Fokus

Termine 2021

10. Juni 2021:Fachkonferenz Immobilien

14./15. Juli 2021: Fachkonferenzen Beteiligungsgesellschaften & Consumer/Leisure

13./14. Oktober 2021: Fachkonferenzen Finanzdienstleistungen/Technologie

10./11. November 2021: Fachkonferenzen Software/IT & Branchenmix

„Je nach aktueller Covid-19 Situation und den bestehenden Vorschriften für Versammlungen entscheidet sich ca. 5 Wochen vor dem Termin, in welcher Form die Konferenzen stattfinden.“


Kaufen: Aspermont Limited hat Turnaround abgeschlossen

Aspermont Limited ist der weltweit führende Anbieter von Business-to-Business-Medien (B2B) für den Rohstoffsektor. Mit einem neuen Management hat das Unternehmen seit 2016 den erfolgreichen Turnaround von einem traditionellen Medienunternehmen zu einem digitalen B2B-XaaS-Geschäftsmodell umgesetzt. Das Unternehmen hat diesen Turnaround im GJ 2020 abgeschlossen, als es sein erstes positives EBITDA-Ergebnis verzeichnete. Auf der Grundlage unseres DCF-Modells haben wir ein Kursziel von 0,09 AUD (0,06 Euro) pro Aktie ermittelt und vergeben das Rating KAUFEN.

News im Fokus

Vonovia SE: Deutschlands führendes Wohnungsunternehmen baut erneuerbare Energie weiter aus: Vonovia bestückt 30.000 Dächer mit Photovoltaik-Anlagen

21. September 2021, 09:58

Aktueller Webcast

Stealth BioTherapeutics

Cantor Global Healthcare Conference Fireside Chat

30. September 2021

Aktuelle Research-Studie

MPH Health Care AG

Original-Research: MPH Health Care AG (von First Berlin Equity Research GmbH): Buy

20. September 2021