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Public disclosure of inside information pursuant to Article 17 MAR

Vtion Wireless Technology AG issues preliminary 2014 full year results and 2015 guidance

Frankfurt, January 30, 2015

According to preliminary calculations Vtion Wireless Technology AG (Vtion), a supplier of wireless data solutions for mobile computing in China, generated revenues of approximately 46 million Euros and an EBIT margin of 7 per cent in the full year 2014. These results are slightly below the previously issued guidance for the full year 2014 that predicted revenues of at least 48 million Euros and an EBIT margin of approximately 7 per cent.

For the year 2015 Vtion currently expects to generate revenues of around 37 million Euros and an EBIT margin of 6 per cent.

The Management Board and the Supervisory Board are considering various options to improve the company's operational performance.

 

For further information, please contact:

Kirchhoff Consult AG
Andreas Friedemann, phone: +49 40 60 91 86 50, andreas.friedemann@kirchhoff.de


Disclaimer concerning prognoses

Certain statements in this communication contain formulations or terms referring to the future or future developments, as well as negations of such formulations or terms, or similar terminology. These are described as forward-looking statements. In addition, all information in this communication regarding planned or future results of business segments, financial classification numbers, developments of the financial situation, or other financial or statistical data contains such forward-looking statements. The company cautions prospective investors not to rely on such forward-looking statements as certain prognoses of actual future events and developments. The company is neither responsible nor liable for these forward-looking statements. It is not responsible for updating such information, which only represents the state of affairs on the day of publication.

 

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