The Smart Zones customer base is expected to reopen, to a large extent, this weekend. The reopening of pubs will bring forward a revised billing profile and markedly improve the Smart Zones revenue base. Smart Machines continues to operate profitably and the group's Business Interruption Loan should buttress the balance sheet through this year. While our forecasts remain withdrawn we can see an encouraging pathway to normalised trading next year.
30 Jun 2020
Cenkos: Vianet Group Plc -- The reopening
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Cenkos: Vianet Group Plc -- The reopening
Vianet Group plc (VNET:LON) | 116 0 0.0% | Mkt Cap: 34.2m
- Published:
30 Jun 2020 -
Author:
Cavendish Research -
Pages:
5
The Smart Zones customer base is expected to reopen, to a large extent, this weekend. The reopening of pubs will bring forward a revised billing profile and markedly improve the Smart Zones revenue base. Smart Machines continues to operate profitably and the group's Business Interruption Loan should buttress the balance sheet through this year. While our forecasts remain withdrawn we can see an encouraging pathway to normalised trading next year.