bullish

Vectron Systems - Funded to cope with lower demand

103 Views06 May 2020 21:54
Issuer-paid
SUMMARY

Despite regulatory tailwinds as Vectron entered FY20, COVID-19 restrictions have materially suppressed demand in the short term. The company is focused on developing and promoting digital services to its large installed base, reflecting the increasing digitalisation of the sector and representing a growing source of recurring revenues. The recent fund raise provides support for Vectron during this period of lower demand.

Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
chart-bar
Logo
Edison Investment Research
Leading International Investment Research
Equities
Price Chart(Sign Up to Access)
analytics-chart
  • Loading...
x