Vectron Systems

DB: V3S

€69m market cap

€9.48 last close

Vectron Systems produces high-end, proprietary POS systems for the hospitality sector. Vectron is also diversifying into providing systems, designed for online marketing services, which has been given impetus recently through a partnership with Coca-Cola.

Investment summary

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.

Sector
TMT
Share price graph
Price performance
%
1m
3m
12m
Actual (4.8) (13.4) (43.6)
Relative* (5.8) (14.0) (42.6)
52-week high/low €19.6/€7.1
*% relative to local index
Key management
Thomas Stümmler CEO