Larger order entries reinforce the basis for growth in the current financial year
ISRA VISION AG: Additional orders underscore ISRA's internationally leading technology in the Specialty Paper niche market
With this second large order in a short period of time and the contractual option to an additional order volume of close to three million Euros, ISRA underscores its technological leadership in the inspection of banknote paper. This allows the company to reinforce its strong position in the international market in the demanding area of Specialty Paper. ISRA is striving for portfolio expansion in the future with additional technologically complex applications in the area of banknote production.
After a revenue increase of 16 percent to 75.2 mill. Euros and an EBT increase of 25 percent to 13.2 mill. Euros in the previous financial year 2010/2011 (10-01 to 09-30), ISRA plans on growing further in the current financial year 2011/2012 as communicated earlier. The previous and present indicators, such as the large orders mentioned above, create a good foundation for growth. Due to the market situation, the actual growth is expected to be in the lower range of double-digit growth. A detailed forecast for the financial year 2011/2012 will be published by ISRA in the month of February.
About ISRA VISION
ISRA VISION AG, together with its subsidiaries, is the world market leader for surface inspection systems. 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 ISRA-BrainWARE®, 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, futureoriented markets such as energy, healthcare, food, mobility and information. The customers mainly include renowned global players from the respective sectors. With over 20 locations worldwide, ISRA offers customer proximity and ensures optimum service and support.
In the past thirteen years, ISRA has shown profitable growth with an annual average increase in sales of 30 per cent. Profits have increased by approximately 35 per cent annually. The company employs over 450 peoples worldwide.
Further information is available at www.isravision.com.