Vectron’s core point of sale (POS) business generated strong growth in revenues and earnings in FY16, and should continue to benefit from several growth drivers in the short to medium term. With adoption by 2-3% of its customer base, Vectron’s existing online marketing solution, bonVito, is close to breaking even. The recently announced partnership with Coca-Cola to support its GetHappy loyalty app has the potential to add high-margin recurring revenues from the end of FY17.
23 May 2017
Cashing in on online opportunity
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Cashing in on online opportunity
Vectron’s core point of sale (POS) business generated strong growth in revenues and earnings in FY16, and should continue to benefit from several growth drivers in the short to medium term. With adoption by 2-3% of its customer base, Vectron’s existing online marketing solution, bonVito, is close to breaking even. The recently announced partnership with Coca-Cola to support its GetHappy loyalty app has the potential to add high-margin recurring revenues from the end of FY17.