30.01.2015 Vtion Wireless Technology AG  DE000CHEN993

DGAP-Adhoc: Vtion Wireless Technology AG issues preliminary 2014 full year results and 2015 guidance


 
Vtion Wireless Technology AG / Key word(s): Preliminary Results 30.01.2015 15:26 Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Vtion Wireless Technology AG issues preliminary 2014 full year results and 2015 guidance Frankfurt, January 30, 2015. According to preliminary calculations Vtion Wireless Technology AG (Vtion), a supplier of wireless data solutions for mobile computing in China, generated revenues of approximately 46 million Euros and an EBIT margin of 7 per cent in the full year 2014. These results are slightly below the previously issued guidance for the full year 2014 that predicted revenues of at least 48 million Euros and an EBIT margin of approximately 7 per cent. For the year 2015 Vtion currently expects to generate revenues of around 37 million Euros and an EBIT margin of 6 per cent. The Management Board and the Supervisory Board are considering various options to improve the company's operational performance. --------------------------------------------------------------------------- Information and Explaination of the Issuer to this News: For further information, please contact: Kirchhoff Consult AG Andreas Friedemann, phone: +49 40 60 91 86 50, [email protected] or visit the company website at: www.vtion.de Disclaimer concerning prognoses Certain statements in this communication contain formulations or terms referring to the future or future developments, as well as negations of such formulations or terms, or similar terminology. These are described as forward-looking statements. In addition, all information in this communication regarding planned or future results of business segments, financial classification numbers, developments of the financial situation, or other financial or statistical data contains such forward-looking statements. The company cautions prospective investors not to rely on such forward-looking statements as certain prognoses of actual future events and developments. The company is neither responsible nor liable for these forward-looking statements. It is not responsible for updating such information, which only represents the state of affairs on the day of publication. 30.01.2015 The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Vtion Wireless Technology AG Westhafenplatz 1 (Westfalen Tower) 60327 Frankfurt Germany Phone: +49 69 710 456 245 Fax: +49 69 710 456 248 E-mail: [email protected],[email protected] Internet: www.vtion.de ISIN: DE000CHEN993 WKN: CHEN99 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------