Vectron Systems has so far weathered the disruption caused by COVID-19, reporting 5% revenue growth in H120 despite weaker demand in Q2. With lockdown restrictions easing and deadlines for compliance with German regulations fast approaching, the company expects demand to improve through H220 with a significant pick up in revenues in FY21.
03 Sep 2020
Vectron Systems - Positive outlook
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Vectron Systems - Positive outlook
Vectron Systems has so far weathered the disruption caused by COVID-19, reporting 5% revenue growth in H120 despite weaker demand in Q2. With lockdown restrictions easing and deadlines for compliance with German regulations fast approaching, the company expects demand to improve through H220 with a significant pick up in revenues in FY21.