Matelan Research confirms buy recommendation for ISRA shares indicating an upside potential of 20 percent: Graphikon acquisition a perfect fit(PresseBox) (Darmstadt, )
The latest Matelan analysis is titled "Graphikon: A perfect fit". The Matelan analyst anticipates that the acquisition of Graphikon will help ISRA to benefit from the continued expansion of solar cell production in Asia. Up to now, Graphikon has mainly concentrated on customers in Germany. With the support of ISRA's worldwide service and sales organization, Matelan expects to see a push in future revenues. The perfectly complementary product portfolios and the great experience of the ISRA management in integrating acquisitions gives the analyst cause to see great synergy potential and a significant earnings contribution in just a few months.
The full analysis can be found on the ISRA website at: http://isravision.com/media/public/pdf2010/graphikon_a_perfect_fit.pdf