Vianet’s FY26 trading update highlights FY26E revenue and adjusted EBITA +1% ahead of our previous forecasts, net cash +£0.8m ahead at £0.4m, FY26E proposed DPS +71% ahead at 2.4p, a confident outlook that leads us to reiterate FY27E revenue, adjusted EBITA, and EFCF, and that Craig Brocklehurst has been appointed as CEO, with James Dickson continuing as Exec Chairman. FY26E revenue growth of +1% to £15.5m reflects robust recurring revenues generating 88% of group revenue, and as highlighted at ....
