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Vtion Wireless Technology AG Westhafen Plaza 1 60327 Frankfurt am Main, Germany http://www.vtion.de
Contact Mr Dr. Kay Baden +49 40 6091860
Company logo of Vtion Wireless Technology AG
Vtion Wireless Technology AG

Vtion Wireless Technology: Difficult market environment affects full year results 2012

(PresseBox) (Frankfurt am Main, )
Vtion Wireless Technology AG, one of the leading suppliers of wireless data solutions for mobile computing in China, announces its preliminary results for the financial year 2012. Despite a challenging market environment, Vtion achieved revenues of EUR 75.6 million, showing a slight decrease of two per-cent compared to 2011. The company’s EBIT margin remained nearly stable at nine per-cent (ten per-cent in 2011).

Review of guidance 2012

Based on the preliminary results of 2012, Vtion barely missed the bottom end of its revenue guidance at EUR 80 million and an EBIT margin of ten per-cent. Main reasons are adverse impact
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.