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ISRA Vision Says Revenue Growth Meeting Expectations

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DARMSTADT, Germany, May 30, 2014 & mdash; Machine vision firm ISRA Vision AG reported earnings and revenue growth in the first six months of its fiscal year, saying it is on course to reach its goals for the year.

Earnings before interest, taxes, depreciation and amortization were € 13.0 million (about $ ), up 14 percent from € 11.4 million in the same period the previous fiscal year.

Revenue amounted to € 44.8 million (about $xxx) in the first six months of the current financial year, up 12 percent from € 40.1 million in the same period of the previous year.

The company said both the industrial automation and surface vision segments grew during the reporting period. Demand from the German and U.S. automotive industries for 3-D products drove growth in the industrial automation segment, while the specialty paper and printing industry — and solar energy industry in Taiwan, Korea and Japan — drove growth in the surface vision segment. The company also said it is seeing signs of recovery in the metals industry.

ISRA services focus primarily on production automation and quality assurance for the energy, health care, food, mobility and information markets.

For more information, visit www.isravision.com.
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Published: May 2014
Glossary
machine vision
Machine vision, also known as computer vision or computer sight, refers to the technology that enables machines, typically computers, to interpret and understand visual information from the world, much like the human visual system. It involves the development and application of algorithms and systems that allow machines to acquire, process, analyze, and make decisions based on visual data. Key aspects of machine vision include: Image acquisition: Machine vision systems use various...
3-DautomationautomotiveenergyEuropefoodGermanyhealth careindustrialinformationIsra Vision AGmachine visionmetalsmobilityprintingquality assurancesolarsurface visionspecialty paperBusiness

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