Allied Vision Technologies (AVT) closes first half of 2014 with historic sales and volume figures. The leading machine vision camera manufacturer is far ahead of its plans and achieved record volume and revenues in May and June.
Historic shipments require additional production shift
Sales in volume in the first half of the year have been above AVT’s ambitious growth plans. The mark of 10,000 cameras shipped in one month was broken in May, a record in the 25-year history of the company.
The company’s manufacturing sites in Stadtroda, Osnabrück (Germany), and Burnaby, BC (Canada) are working hard to keep up with steadily growing demand. Measures have been taken to increase the capacity. For example, an additional shift was added in Stadtroda. Further investments are planned for all sites towards increasing capacity to satisfy present and future demand.
Record revenues beyond expectations
Revenues are also above plan in the first six month of 2014. A historical record was broken in June with more than €6.5 Million in one month. “With that outstanding result, we are well on track to reach or even exceed the ambitious growth goals we have set ourselves for this year”, said Grube. “I am all the more optimistic as our forecast for the coming months looks promising”.
The success of the last months is the result of the good performance of AVT’s mid-range and high-end camera models in the market as well as the expansion of the company’s sales network in the Asia-Pacific region. “We have further growth plans for the rest of the year and beyond to ensure we can still provide our customers the high level of service they are entitled to expect from Allied Vision Technologies”, said Frank Grube.