DGAP-News
Advanced Vision Technology Ltd.: AVT Reports 2014 Financial Results - Seite 2
April 2nd. The tax withholding rate will be approximately 20%.
Jaron Lotan, President and CEO of AVT:
"We are happy with our 2014 results. For 2015 we have a plan that will
generate further top line growth while continuing to invest in key areas,
like R&D, customer support, and especially business development, like the
agreements we announced this year with Landa and Heidelberg, to assure
faster growth for the years to come.
For 2015, we are optimistic about starting to see some new growth engines
for AVT like our offering for Metal Decorating applications, our inroads
into digital applications and others. We project revenues for 2015 to be
between $57.0 - $59.0 million, and operating income to be between $6.3 -
$,6.9 million."
About AVT
AVT (Advanced Vision Technology, Ltd) is a leading provider of print
process control, quality assurance and color control solutions for the
printing industry. AVT offers automatic inspection and process control
solutions for packaging, label, folding carton, commercial printing and
metal decorating applications. Today, more than 3,800 AVT automatic
inspection solutions for packaging and labels are installed worldwide. As a
premier supplier of color control solutions for offset printing, AVT has
over 800 of its closed loop color control systems, and over 3,300 color
management and reporting software and remote digital ink control systems
installed around the world. AVT's products are sold worldwide to leading
printing press and finishing equipment manufacturers as well as to
packaging, labels commercial and specialty printers, both for webfed and
sheetfed printing applications. AVT's headquarters are located in
Hod-Hasharon, Israel with sales, marketing, and support offices in the
United States, Europe and China.
AVT is a public company listed in the Prime Standard of the Frankfurt Stock
Exchange.
Please visit the AVT website: www.avt-inc.com
Safe Harbor Statements
Certain statements in this press release are forward-looking statements.
Because such statements deal with future events, they are subject to
various risks and uncertainties and actual results could differ materially
from our current expectations. Factors that could cause or contribute to
such differences include, but are not limited to: the impact on revenues of
economic and political uncertainties and weaknesses in various regions of
the world, including the commencement or escalation of hostilities or acts
of terrorism; any unforeseen developmental or technological difficulties
process control, quality assurance and color control solutions for the
printing industry. AVT offers automatic inspection and process control
solutions for packaging, label, folding carton, commercial printing and
metal decorating applications. Today, more than 3,800 AVT automatic
inspection solutions for packaging and labels are installed worldwide. As a
premier supplier of color control solutions for offset printing, AVT has
over 800 of its closed loop color control systems, and over 3,300 color
management and reporting software and remote digital ink control systems
installed around the world. AVT's products are sold worldwide to leading
printing press and finishing equipment manufacturers as well as to
packaging, labels commercial and specialty printers, both for webfed and
sheetfed printing applications. AVT's headquarters are located in
Hod-Hasharon, Israel with sales, marketing, and support offices in the
United States, Europe and China.
AVT is a public company listed in the Prime Standard of the Frankfurt Stock
Exchange.
Please visit the AVT website: www.avt-inc.com
Safe Harbor Statements
Certain statements in this press release are forward-looking statements.
Because such statements deal with future events, they are subject to
various risks and uncertainties and actual results could differ materially
from our current expectations. Factors that could cause or contribute to
such differences include, but are not limited to: the impact on revenues of
economic and political uncertainties and weaknesses in various regions of
the world, including the commencement or escalation of hostilities or acts
of terrorism; any unforeseen developmental or technological difficulties
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