09.04.2019 12:30:02
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DGAP-News: Strategic large-volume orders strengthen market position in China
DGAP-News: ISRA VISION AG / Key word(s): Miscellaneous ISRA VISION: Major orders in solar and advanced materials totaling over six million euros Alongside 100% inspection, ISRA offers "production analytics" database tools for full quality assurance, improved productivity and more efficient use of resources to the customers, thereby helping to maximize yield. The products to be installed in the major orders represent excellent reference projects for follow-up business in the target industries, underlining the company's technologically significant market position. ISRA's systems for automating production and quality assurance play an important role in the process of achieving higher value creation. Global megatrends such as electromobility and alternative energy are unlocking important revenue potentials in the solar industry and the production of batteries and fiber composites, generating material further growth. With the latest orders, ISRA is continuing its long-term strategy of strengthening its global market position by offering product innovations. Alongside expanding its international presence, the optimization of productivity and cash flow remain primary strategic objectives on the road to achieving the revenue target of over 200 million euros with profitable growth in the medium term. Assuming that global economic conditions do not change significantly, management is expecting further growth in revenues and earnings in the lower double-digit percentage range in the 2018/2019 financial year. The potential closure of an acquisition project in the near future could lead to higher overall growth in the current year.
ISRA VISION AG, together with its subsidiaries, is worldwide leading in surface inspection of web materials. Furthermore, it is one of the globally leading providers of machine vision programs, specialising in the area of 3D machine vision, in particular for "3D robot vision". The core competence of the Company is the ISRA-BrainWARE(R), an innovative software for intelligent machine vision systems. Here, the scientific know-how from the fields of optics, lighting technology, surveying technology, physics, image processing and classification algorithms and a complex system design are combined. Machine vision is a key technology for visualising systems that imitate the human eye. Today's ISRA applications focus primarily on the automation of production and quality assurance of goods and products supplied to large, future-oriented markets such as energy, healthcare, food, mobility and information. The customers mainly include renowned global players from the respective sectors. With more than 25 locations worldwide, ISRA offers customer proximity everywhere and ensures optimum service and support. In the past seventeen years, ISRA has shown profitable growth with an annual average increase in sales of approx. 25 percent. Currently the Company employs approx. 800 people worldwide. Further information is available at www.isravision.com.
ISRA VISION AG Tel.: +49 (0) 6151 948 - 0 Investor Relations Susanne Becht
09.04.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. |
Language: | English |
Company: | ISRA VISION AG |
Industriestr. 14 | |
64297 Darmstadt | |
Germany | |
Phone: | +49 (0)6151 9 48-0 |
Fax: | +49 (0)6151 9 48-140 |
E-mail: | investor@isravision.com |
Internet: | www.isravision.com |
ISIN: | DE0005488100 |
WKN: | 548810 |
Indices: | SDAX, TecDAX |
Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
EQS News ID: | 797541 |
End of News | DGAP News Service |
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797541 09.04.2019
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