With Q2 stronger than Q1, the exit run rate and momentum from H1A suggests Vianet is on track to meet our forecasts. New Contactless sales are above pre-pandemic levels at Smart Machines and there are greenfield opportunities opening up at Smart Zones. The Group is on track to reach pre-pandemic profitability in early 2023 and grow steadily thereafter.
07 Dec 2021
Cenkos: Vianet Group Plc -- Strong rebound
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Cenkos: Vianet Group Plc -- Strong rebound
Vianet Group plc (VNET:LON) | 104 0 0.0% | Mkt Cap: 30.4m
- Published:
07 Dec 2021 -
Author:
Cavendish Research -
Pages:
6
With Q2 stronger than Q1, the exit run rate and momentum from H1A suggests Vianet is on track to meet our forecasts. New Contactless sales are above pre-pandemic levels at Smart Machines and there are greenfield opportunities opening up at Smart Zones. The Group is on track to reach pre-pandemic profitability in early 2023 and grow steadily thereafter.