DGAP-News ISRA VISION AG: Larger order entries reinforce the basis for growth in the current financial year
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DGAP-News: ISRA VISION AG / Key word(s): Miscellaneous
ISRA VISION AG: Larger order entries reinforce the basis for growth in
the current financial year
12.01.2012 / 09:43
ISRA VISION AG: Additional orders underscore ISRA´s internationally leading
technology in the Specialty Paper niche market
Larger order entries reinforce the basis for growth in the current
financial year
Darmstadt - January 12th, 2012 - ISRA VISION AG (ISIN DE0005488100), one of
the world´s leading companies of industrial image processing (Machine
Vision), global market leader for surface inspection systems, and one of
the leading 3-D machine vision providers has received an important order
from a renowned German paper machine manufacturer in the amount of approx.
2.7 million Euros. As part of the OEM order, ISRA equips the manufacturer´s
production machinery with its innovative BANKSTAR product for automatic
surface inspection of banknote paper. For the paper machine manufacturer,
the order contains the option of obtaining additional ISRA systems in the
amount of close to three million Euros within the next few months. The
manufacturer relies on the leading technology and innovative systems of
ISRA in equipping the machinery with surface inspection systems. For many
years, ISRA has been a well-recognized partner of various banknote paper
manufacturers worldwide and has been certified for the inspection of
security features in various countries. As such, ISRA is also an
exceptional partner for the banknote paper machine manufacturers in the OEM
business.
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.
End of Corporate News
12.01.2012 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
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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
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
152491 12.01.2012
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