StockMarketWire.com - The Vitec Group has booked a FY pretax profit of GBP18.5m, from GBP201.m. Revenue was GBP317.8m, from GBP309.6m. Total dividend was 24.6p a share, from 24p. The performance was in line with directors' views.

"Although challenging market conditions look likely to continue in 2016, we have taken actions to streamline our lower growth businesses while building a strong platform and making investments in higher technology products that will position us to grow sales and margins in the future," said CEO Stephen Bird in a statement.




At 9:34am: [LON:VTC] Vitec Group The PLC share price was -3.75p at 528.5p



Story provided by StockMarketWire.com