Allied Vision Technologies achieves record sales in first half of 2014

Allied Vision Technologies (AVT) closes the first half of 2014 with historic sales and volume figures. The machine vision camera manufacturer is far ahead of its plans and achieved record volume and revenues in May and June. 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. Revenues are also above plan in the first six month of 2014. A historical
July 23, 2014 Read time: 2 mins

518 Allied Vision Technologies (AVT) closes the first half of 2014 with historic sales and volume figures. The machine vision camera manufacturer is far ahead of its plans and achieved record volume and revenues in May and June.

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.

Revenues are also above plan in the first six month of 2014. A historical record was broken in June with more than US€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 AVT’s Frank Grube. “I am all the more optimistic as our forecast for the coming months looks promising. “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”, he said.

Detection, Monitoring & Machine Vision

For more information on companies in this article

Related Content

  • Evolving technology - debating the future of the ITS industry
    January 25, 2012
    Harry Voccola talks to ITS International about where he sees the intelligent transportation industry heading
    Read More
  • Europe's electronic toll service closer to operational reality
    November 7, 2012
    After much debate and delay, a unifying European Electronic Toll Service is now finally on the horizon, says ASFiNAG’s Klaus Schierhackl. Here, he talks with Jason Barnes about what that might mean. Aworkable European Electronic Toll Service (EETS) which will allow truck drivers to travel across the continent and pay tolls using a single account and OnBoard Unit (OBU) was originally timetabled to be in place and operating by October of this year. A lack of urgency from some of the stakeholders involved in t
    Read More
  • Multi-modal transport system key to liveable city development
    June 20, 2012
    Malaysia’s Economic Transformation Programme aims to transform Kuala Lumpur into one of the world’s most liveable cities. Mohd Nur Kamal, CEO of SPAD, Malaysia’s Land Transport Commission, explains how a world class multi-modal transport system will be key to reaching that goal Superficially, Kuala Lumpur, or KL as it is commonly known, is the model of a vibrant, modern, cosmopolitan city to equal any in the world. The Petronas Twin Towers, an iconic global symbol of Malaysia, are surrounded by stunningly
    Read More
  • SPONSORED CONTENT: Using AI to achieve real traffic intelligence
    June 3, 2020
    The application of artificial intelligence has the potential to transform the performance of vision-based systems used for a wide and growing set of applications. These include vehicle presence detection and identification, count and classification, and enforcement, explains Roy Czinku of International Road Dynamics
    Read More

Highlighted Content