Vianet Group plc (GB:VNET) has released an update.
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Vianet Group plc reports a robust financial performance for the fiscal year ending March 31, 2024, with a 7.6% increase in turnover and a substantial reduction in net debt. The company’s growth is attributed to strong developments in unattended retail and hospitality sectors, and strategic moves such as the acquisition of Beverage Metrics Inc. Vianet remains confident in maintaining its positive trajectory into FY25, backed by new contracts and advancements in the US hospitality market.
For further insights into GB:VNET stock, check out TipRanks’ Stock Analysis page.
