VIANET GROUP PLC (VNET) — Results for the year ended 31 March 2024

Investor webinar replay

Replay transcript excerpt

Good morning, and welcome to the VIANET GROUP PLC Full Year Results Investor Presentation. Throughout this recorded presentation, investors will be in listen only mode. Questions are encouraged, and they can be submitted at any time using the Q and A tab situated on the right hand corner of your screen. Simply type in your questions and press send. The company may not be in a position to answer every question or receives during the meeting itself. However, the company can review all questions submitted today and publish responses, which is appropriate to do so. Before we begin, I would like to submit the following poll. And I would now like to hand you over to Chairman and CEO, James Dixon. Good morning to you. Yes. Good morning, and thank you for joining us today. I've got Mark Foster, CFO, with me here and Sarah Bentham, our Finance Director, to answer any questions that Mark and I might struggle with. We'll move straight into the results. We think there are strong set of results despite the economic economic backdrop. Very good momentum in unattended retail and real progress in new verticals as demonstrated by the wins in the forecourt sector with, VONTEC and Willkomatic. And, of course, we have the BMI acquisition, the BeverageMetrics acquisition in May 2023 and the FUMP integration, and that's going extremely well. And hospitality division, now we think it's turned a corner, and it's looking really positive going forward. The numbers themselves were ahead in all the key metrics, so we're in a good place for it to fuel our ambitious growth plans. Bottom line is that, you know, for the past couple of years, we've got a real focus on top line growth, and we're starting to see that come through now. For those of you who are less familiar with, VIANET or new to VIANE...