ISRA Vsion AG, provider of industrial image processing and 3D machine vision solutions, concluded the first half of its 2017/2018 financial year with double-digit growth rates in both revenue and profit. Revenues increased 10 percent to 64.7 million euros while EBT grew 11 percent to 12.7 million euros. The company has also completely eliminated net debt during the quarter. ISRA also reported a high order backlog of over 95 million euros.
With more than 25 locations worldwide a strong international presence is a central element of the company’s long-term strategy to continuously leverage new market potential and generate future growth. In the first six months of the financial year demand in the Asian markets experienced strong year-on-year growth. In North America, business was described as ‘develops significantly positive’. In Europe, revenues reach the high level of the comparable period. In addition to its existing locations, the ISRA management is currently examining new opportunities for increased expansion in South East Asia and Eastern Europe.
Revenues from the company’s Industrial Automation segment amounted to 15.9 million euros in the first half year of 2017/2018, an increase of 15 percent, the Company references a broad base of international premium car manufacturers as its customers. EBIT grew by 16 percent to 3.1 million euros.
During the last six months ISRA has launched several new products focusing on Industry 4.0 including sensors designed to meet the demands of networked production and resulting from synergies created from development projects with Polymetric GmbH, acquired earlier in the year, including a high-performance 3D inline measurement sensor which features fast measurement and an extra-large field.
Revenues in the company’s Surface Vision segment amount to 48.8 million euros in the first six months of 2017/2018 with EBIT at 9.8 million euros. One of the growth areas stated is in metal-working industries for surface inspection and 3D measurement across the entire process chain. In the glass industry the company recorded rising demand for display and touchscreen glass inspection solutions.
Further more information: www.isravision.com