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Vtion Wireless Technology AG Confirms FY 2013 Revenue and EBIT Margin Guidance; To Distribute FY 2012 Dividend


Wednesday, 22 May 2013 01:30am EDT 

Vtion Wireless Technology AG announced that its Management Board confirms the guidance for the fiscal year 2013. The Management Board expects to achieve fiscal year 2013 revenue between EUR 60 million and EUR 70 million and EBIT margin of between 8% and 10%. According to I/B/E/S Estimates, analysts on average are expecting the Company to report fiscal year 2013 revenue of EUR 65.00 million. Also, the Company plans to distribute a dividend of EUR 0.055 per share for the fiscal year 2012.