Vorstandsinterview englisch - Vectron Systems AG - 02.11.23
After the fiscalisation effect has largely expired, Vectron Systems AG is currently in a transformation process. Their focus is on the expansion of digital services, so that in future the predominant part of Vectron's business will consist of recurring revenues. One-off revenues from cash sales are taking a back seat. The increase in recurring income by around 48% to € 9.6 million is a clear indication of the success of this strategy. At the same time, the current financial year is significantly influenced by the inorganic effects of the acquired couponing specialist acardo Group AG. GBC analyst Cosmin Filker spoke with Vectron board member Thomas Stümmler:
Vectron Systems AG is a Germany-based company that focuses on the production and sale of both mobile and stationary point of sale (POS) systems and communication software for hotels, bakeries and restaurants. The Company operates through three segments: POS Systems, Software and Merchandise and Accessories. The POS Systems segment provides a combination of hard and software solutions in form of POS systems. The Software segment offers computer-based POS and back office software and other licenses. The Merchandise and Accessories segment provides POS system-related accessories, such as printers and barcode scanners, as well as merchandise products. The Company markets its product through a network of distributors.
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