DGAP-Adhoc
ISRA VISION AG: ISRA continues profitable growth - successful start into financial year 2014/2015 - Seite 4
the first orders are delivered to Asia. Management expects not only
additional revenue impulses from "EPROMI", but also the extension of unique
selling points in the core business.
Besides the organic, the external growth through acquisitions of suitable
companies is an important part of the long-term strategy to grow
sustainably, diversified across technologies, regions and markets. As
acquisition targets, ISRA defined the access to new markets that can be
assigned directly or indirectly to long-term large future markets, the
expansion of the technological base, as well as the increase of market
shares in existing customer markets. The management again intensified the
acquisition activities following the successful integration of GP Solar.
With the support of external M&A partner, numerous targets are being
approached in parallel. Currently, several possible target companies are at
a partially advanced stage. It is planned to conclude at least one
acquisition project, following a positive evaluation result, in the current
financial year.
In the 2014/2015 financial year, the company will concentrate strategically
as well as operationally on the realization of the next revenue dimensions.
Therefore, ISRA strengthened the focus on efficiency with the appointment
of the internationally experienced manager Andreas Gerecke to the Executive
Board. In his function as Executive Director Group Operations, Gerecke is
also responsible for the further optimization of the production processes -
lean production - as well as the targeted expansion of the infrastructure
for future growth. The further improvement of the production processes will
also contribute significantly to optimizing the working capital and the
cash flow.
Based on the strong order backlog of significantly more than 65 million
euros (PY: approx. 55.5 million euros) in the first quarter, management
plans a profitable revenue increase for the entire 2014/2015 financial year
in the double-digit growth rate - similar to the previous years. In terms
of profit, it is planned to further optimize the margins, at least to hold
the current high levels. The business expectations in the individual
industries and regions show an inconsistent picture. Despite the political
uncertainties and the economic challenges in some regions, the company
assumes in its forecast that the worldwide economic conditions will not
change significantly. ISRA's goal for the next years remains firmly in
view; with the intensive focus on efficiency and innovations as well as
targeted reinforcement of individual regions, the company continuously and
actively prepares for the medium-term targeted revenue dimension of 150
million euros.
27.02.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
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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: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of Announcement DGAP News-Service
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as well as operationally on the realization of the next revenue dimensions.
Therefore, ISRA strengthened the focus on efficiency with the appointment
of the internationally experienced manager Andreas Gerecke to the Executive
Board. In his function as Executive Director Group Operations, Gerecke is
also responsible for the further optimization of the production processes -
lean production - as well as the targeted expansion of the infrastructure
for future growth. The further improvement of the production processes will
also contribute significantly to optimizing the working capital and the
cash flow.
Based on the strong order backlog of significantly more than 65 million
euros (PY: approx. 55.5 million euros) in the first quarter, management
plans a profitable revenue increase for the entire 2014/2015 financial year
in the double-digit growth rate - similar to the previous years. In terms
of profit, it is planned to further optimize the margins, at least to hold
the current high levels. The business expectations in the individual
industries and regions show an inconsistent picture. Despite the political
uncertainties and the economic challenges in some regions, the company
assumes in its forecast that the worldwide economic conditions will not
change significantly. ISRA's goal for the next years remains firmly in
view; with the intensive focus on efficiency and innovations as well as
targeted reinforcement of individual regions, the company continuously and
actively prepares for the medium-term targeted revenue dimension of 150
million euros.
27.02.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de
---------------------------------------------------------------------------
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: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of Announcement DGAP News-Service
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