Vianet trades ahead of revised H1 guidance

Data and insight provider Vianet Group said on Friday that it has traded ahead of revised first-half forecasts.

Vianet stated it had seen month-on-month improvement in operating profit and cash since the start of the financial year, with September actually seeing it move into profit.

While the AIM-listed group acknowledged that the Covid-19 pandemic remained "difficult to predict", it highlighted that it was now in "a robust financial and operating position" to navigate 2021 and also build on the solid momentum witnessed prior to the coronavirus outbreak.

Chairman James Dickson said: "Having seen a month-on-month improvement in operating profit and cash since the start of the financial year, Vianet remains in good shape to come through the Covid-19 crisis and emerge strongly."

As of 0940 BST, Vianet shares were up 6.25% at 68.0p.