Vianet trades ahead of forecasts in first quarter
By Josh White
Date: Tuesday 07 Jul 2026
(Sharecast News) - Vianet Group said in an update on Tuesday that first-quarter trading in FY27 was ahead of management expectations, with group revenue up 3.1% year on year and recurring revenue 5.8% higher, representing about 88% of turnover.
The AIM-traded company said both its Hospitality and Unattended Retail divisions delivered recurring revenue and gross profit growth, with 640 additional cashless devices connected and 21 new multi-year contract wins secured in Unattended Retail.
Chairman James Dickson said Vianet had entered FY27 "with good momentum across the Group", supported by improved operational leverage, high recurring revenue and a strengthened net cash position of £0.7m at 30 June.
The company said shareholders would vote at the AGM on a 2.00p final dividend, taking the FY26 total dividend to 2.40p, up 84.6% year on year.
At 0958 BST, shares in Vianet Group were up 6.06% at 70p.
Reporting by Josh White for Sharecast.com.
See latest RNS on Investegate
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN