Report
Katherine Thompson

Vectron Systems - Digital services partnerships on track

Although a slowdown in demand for Vectron’s traditional point-of-sale (POS) systems had a negative effect on revenue growth and profitability in FY18, the company has made good progress in extending its offering into the digital domain. By supporting Vectron POS owners to offer loyalty and online services, partnerships with DeutschlandCard (DC) and Metro promise to deliver recurring revenues once the schemes are launched.
Underlying
Vectron Systems AG

Vectron Systems AG is a Germany-based company that focuses on the production and sale of both mobile and stationary point of sale (POS) systems and communication software for hotels, bakeries and restaurants. The Company operates through three segments: POS Systems, Software and Merchandise and Accessories. The POS Systems segment provides a combination of hard and software solutions in form of POS systems. The Software segment offers computer-based POS and back office software and other licenses. The Merchandise and Accessories segment provides POS system-related accessories, such as printers and barcode scanners, as well as merchandise products. The Company markets its product through a network of distributors.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Katherine Thompson

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