Entering the new fiscal period, the majority of Smart Machines units are operating as normal. The Smart Zones customer base has largely contracted to remain live and connected, albeit at a reduced unit rate. Vianet has received a business interruption loan and is adequately financed well into next year. By then it is anticipated that trading will have normalised. Our forecasts remain withdrawn for now.
02 Jun 2020
Cenkos: Vianet Group Plc -- Leading the return to normal
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Cenkos: Vianet Group Plc -- Leading the return to normal
Vianet Group plc (VNET:LON) | 116 14.5 12.1% | Mkt Cap: 34.1m
- Published:
02 Jun 2020 -
Author:
Cavendish Research -
Pages:
5
Entering the new fiscal period, the majority of Smart Machines units are operating as normal. The Smart Zones customer base has largely contracted to remain live and connected, albeit at a reduced unit rate. Vianet has received a business interruption loan and is adequately financed well into next year. By then it is anticipated that trading will have normalised. Our forecasts remain withdrawn for now.