News: Vtion Wireless Technology AG (V33G.DE)

V33G.DE on Xetra

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5 May 2015
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Tue, Apr 28 2015

BRIEF-Vtion Wireless Technology FY 2014 revenues down 23 pct to EUR 46.3 mln

* FY revenues decreased by 23 per cent to 46.3 million euros ($50.36 million) (2013: 60.0 million euros)

BRIEF-Vtion Wireless Technology will not propose dividend payment for FY 2014

* Will not propose a dividend payment for year 2014 to annual general meeting

BRIEF-Vtion Wireless Technology plans management buyout of subsidiary Vtion Anzhuo

* Sells 100 pct of equity stake of its subsidiary Vtion Anzhou

BRIEF-Vtion Wireless Technology FY 2014 revenues of about EUR 46 mln

* Preliminary FY 2014 revenues of approximately 46 million euros ($52 million)and an EBIT margin of 7 percent

BRIEF-Vtion Wireless Technology Q3 revenues of 12.4 mln euros

* Says achieved revenues of 12.4 million euros in Q3 of 2014 and generated revenues of 35.3 million euros in first nine months of 2014

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