Business
USA Contract Win and Trading Update
Vianet Group plc has secured a significant multi-year agreement for its Beverage Metrics inventory solution with a large full-service restaurant company in the USA, with initial deployment expected in Q1 of the upcoming financial year. Despite this positive development, the Group anticipates its full-year 2026 profit will align with the previous year's performance due to a slower-than-expected rate of deployment and pipeline conversion in the second half, ongoing strategic investments in the Beverage Metrics platform, and the discontinuation of ERP platform income. However, the first half of 2026 saw a robust performance with EBITDA rising by 10.5% to £1.88 million, and net debt is projected to be in line with market forecasts, supporting a continued increase in the final dividend. Disclaimer*
About this update from Vianet Group Plc
05 February 2026 Vianet Group plc ("Vianet", the "Company" or the "Group") USA Contract Win and Trading Update VIANET, the international provider of actionable data, business insights and payment solutions through an integrated ecosystem of connected hardware devices, software platforms and smart insights portals, is pleased to announce a significant USA contract and provide a current year trading update. USA Agreement Vianet Americas, Inc., a subsidiary of Vianet Group plc has entered a long-term, multi-year agreement with a large full-service restaurant company. Under the terms of the agreement, Vianet Americas, Inc. will deploy its Beverage Metrics inventory solution nationally across multiple locations, within one of the restaurant company's major brands. Deployment of Beverage Metrics system helps hospitality operators to monitor and manage inventory, providing increased visibility and insight to optimise beverage operations. The initial deployment, which is expected to be completed in Q1 of the upcoming financial year, will not impact the Group's current year's financials. James Dickson, President of Vianet Americas Inc, and CEO of its parent company Vianet Group PLC, commented: "This agreement reflects continued progress in the Group's strategy and together with our recent contract with World of Beer, and new partnership agreement with www.Fintech.com, it reinforces our long-term commitment to investing in the US hospitality market, which continues to perform strongly. Deploying Beverage Metrics to a leading restaurant operator validates the relevance of our technology for large, multi-site operators in delivering measurable operational and financial benefits at scale" Trading Update Both divisions are expanding their installation footprint by extending existing customer contracts and winning new clients despite the backdrop of UK economic uncertainty particularly for our hospitality customers. While this provides a solid base of recurring income and a healthy pipeline, the rate of deployment and pipeline conversion in the second half of the year has been slower than previously anticipated due to our customers' current cautious approach to investment. The Group achieved a robust performance in the first half of 2026 with EBITDA rising by 10.5% to £1.88 million, underscoring the resilience of its ...