PresseBox
Press release BoxID: 155534 (ISRA VISION)
  • ISRA VISION
  • Industriestr. 14
  • 64297 Darmstadt
  • http://www.isravision.com
  • Contact person
  • Sandra Braun
  • +49 (6151) 948209

ISRA VISION AG decides to repurchase own shares

(PresseBox) (Darmstadt, ) ISRA VISION AG (ISIN: DE 0005488100), one of the top ten suppliers for industrial image processing (Machine Vision), and the world’s leader for surface inspection systems has decided to purchase own shares of the company based on the authorization to allow the purchase of shares till September 19, 2008 which was provided during the General Meeting on March 20, 2007. The Executive Board of ISRA VISION AG currently makes use of this authorization and repurchases up to 50,000 shares at the stock exchange.

ISRA VISION

ISRA VISION is a leading supplier of machine vision systems for surface inspection and robot guidance. Clients include Daimler, KUKA, ABB, BMW, Volkswagen, General Motors, Ford, Schott, Saint Gobain, Pilkington, MAN Roland, Asahi, 3M, DuPont, Stora Enso, Weyerhaeuser and Crane, among others.

Operating EBT in fiscal year 2006/2007 (ending Sept. 30) was € 6.3 million (2005/2006: € 10.0 million). Total output for 2006/2007 came to € 58.6 million (2005/2006: € 53.5 million). During the past ten years, ISRA was able to increase its total output by close to 31% per year on average, while EBT grew by an average 36% per year. ISRA is active world-wide and employs some 300 staff at its locations in Darmstadt, Karlsruhe, Herten, Oerlinghausen, Aachen, Atlanta, Columbus, Lansing, London, Shanghai, Beijing and Taoyuan.

ISRA uses digital image processing technology for the optical inspection of endless web materials (such as glass, film, nonwoven, paper) and for robot guidance tasks in the context of automated production and packaging. According to expert estimates, at present only some 25% of possible applications are being exploited. Currently the global market volume comes to some € 6.5 billion. Annual growth rates world-wide are currently estimated between 7% and 10%.