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Vitec Group – trading improvement confidence from “a robust financial position”?...

2020-05-27 11:34:22

‘Image capture and content’ products designer and manufacturer Vitec Group (VTC) has updated including “all of our manufacturing sites are now operational”, “trading conditions in May are starting to improve… firmly believe that Vitec's end markets will recover well once the crisis is over as the demand for original content continues to grow” and “Vitec has a robust financial position with liquidity, long-term financing and short-term flexibility”. The shares have currently responded more than 3% higher to 650p, though still comparing to more than 1000p in February...

Vitec Group (#VTC) – all manufacturing sites now operational but “demand remains significantly impacted”

2020-05-27 07:34:45

Vitec (#VTC) – “intends issuing commercial paper initially at a value of £30 million”, agreed revised banking covenants for 2020

2020-05-04 07:36:20

Vitec Group – having reassured “outlook for 2019 is unchanged” on FD resignation in September, now…

2019-11-28 13:52:59

A “Trading Update” from ‘image capture and content creation’ products and systems group Vitec (VTC). This follows a September-announced resignation of Finance Director Kath Kearney-Croft, though it reassured then “the outlook for 2019 is unchanged”. So this latest trading update ok then?...

Vitec (#VTC) – warns on 2019 & of expected 2020 progress “from a lower base and slightly more H2 weighted”

2019-11-28 07:29:50

Vitec (#VTC) – Finance Director Kath Kearney-Croft “has decided to leave the company to pursue other opportunities”, it adds 2019 outlook “unchanged”

2019-09-13 07:52:38

Vitec Group (#VTC) – expects FY in-line, “with material EPS growth”. Acquires Amimon Inc. for $55m

2018-11-09 00:17:57

Vitec Group (#VTC) – H1 adj. EPS +16%, DPS +11%, “remain on track in the second half”

2018-08-10 06:18:44

Vitec Group (#VTC) – trading “in line”, 2017 expectations “unchanged”

2017-11-16 00:12:14

Vitec (#VTC) says first 4 months trading in line. Debt is up and looks a tad high

2016-05-17 23:26:59