Vtion Wireless Technology AG Announces Preliminary Results for the Financial Year 2012; Provides Revenue Guidance for 2013
Due to the continuous difficult market situation in the business of Wireless Data Solutions involving macroeconomic challenges and pricing pressure, Vtion adjusted its guidance for 2013. In the current financial year, the company expects to reach revenues between EUR 60 million and EUR 70 million while the EBIT margin is estimated to amount between eight per-cent and ten per-cent.