Vectron Systems AG, DE000A0KEXC7

Vectron Systems AG, DE000A0KEXC7

14.11.2022 - 15:55:16

EQS-Adhoc: Vectron Systems AG: Vectron with further cost reductions

M?nster, 14.11.2022 Against the background of continuing great uncertainties, especially in the target industries gastronomy and bakeries, the Board of Management of Vectron Systems AG decided today to use further savings potentials in order to noticeably reduce monthly costs in the future. The resulting one-time burdens, e.g. provisions and depreciations, will mainly occur in this business year. As a result of this and a possibly weaker than expected turnover development, the previous profit expectations for the current financial year will probably have to be reduced. The company sees this as necessary steps to be able to work profitably again in the coming financial year despite a continuing challenging environment. Contact: External IR service provider: Meister Consulting GmbH Im Schling 3 59955 Winterberg phone: +49 (2983) 90 81 21 fax: +49 (2983) 90 81 23 E-Mail: meister@meisterconsult.com

14-Nov-2022 CET/CEST The EQS Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.Archive at www.eqs-news.com

Language: English Company: Vectron Systems AG Willy-Brandt-Weg 41 48155 M?nster

Germany Phone: 0251/ 28 56 - 0 Fax: 0251/ 28 56 - 564 E-mail: info@vectron.de Internet: www.vectron.de ISIN: DE000A0KEXC7 WKN: A0KEXC Indices: Scale 30 Listed: Regulated Unofficial Market in Berlin, Dusseldorf, Frankfurt (Scale), Hamburg, Munich, Stuttgart, Tradegate Exchange EQS News ID: 1487219 ? End of Announcement EQS News Service

1487219??14-Nov-2022?CET/CEST

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