Vianet Group Plc Board is proposing a final dividend of 2.00p per share (FY2025: 1.00p), payable on 31 July 2026 to shareholders on the register at the close of business on 19 June 2026. The ex-dividend date will be 18 June 2026.
Other financial highlights include:
• Group revenue increased by 1.5% to £15.50m (FY2025: £15.27m), supported by continued growth in higher-quality recurring income.
• Recurring revenue increased to £13.60m (FY2025: £13.17m), representing 88% of Group revenue (FY2025: 86%).
• Gross margin maintained at a robust 68% (FY2025: 68%), reflecting the resilience of the operating model and an enhanced recurring revenue mix.
• Adjusted EBITA (pre-exceptional items and share-based payments) increased to £3.61m (FY2025: £3.59m).
• Hospitality division revenue grew by 6.4% to £9.59m (FY2025: £9.02m).
• Hospitality division operating profit advanced by 7.7% to £4.51m (FY2025: £4.18m).
• Significant balance sheet improvement, with the Group moving from net debt of £0.38m at the prior year end to net cash of £0.44m at 31 March 2026.
• Year-end cash balances increased by 22% to £3.40m (FY2025: £2.78m).
• Strong cash conversion, with post-working capital cash generation representing 96% of EBITDA.
• Vianet Americas losses reduced materially to £243k (FY2025: loss of £385k), reflecting improving commercial traction and disciplined cost management.
• Board's medium-term ambition is to maintain a progressive dividend policy, while preserving appropriate dividend cover and balance sheet flexibility.
