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

  • Passive RFID grows by 1.12 billion tags in 2014 to 6.9 billion
    October 31, 2014
    More than five years later than the industry had expected, market research and events firm IDTechEx find that the passive RFID tag market is now seeing tremendous volume growth. Market research and events firm IDTechEx find that the passive RFID tag market is now seeing tremendous volume growth - more than five years later than the industry had expected. Most of the growth is based on retailer adoption of UHF RFID for shelf-level stock replenishment, with the latest example being fashion retailer Zara r
    Read More
  • Changing roles in data collection for traffic management
    January 23, 2012
    Transport for Greater Manchester's David Hytch discusses the evolving roles of the public and private sector in managing and disseminating data. Data services for traffic management were once the sole preserve of public sector organisations, they being uniquely placed and equipped for the work involved. Now, though, this is changing. There is even a presumption in some countries that the private sector will take a greater, if not actually a lead, role in the provision of information for transport management
    Read More
  • Q&A: Oberthur Technologies
    November 19, 2013
    Didier Lamouche, Chief Executive Officer of Oberthur Technologies (OT), tells CARTES Daily News how his company is helping customers – and what he is looking forward to seeing at CARTES this week
    Read More
  • Plug-in vehicles set to increase in popularity
    January 11, 2016
    The demand for plug-in vehicles (PIVs) has increased in the UK over the last number of years, says UK Construction Media. According to figures published by the Society of Motor Manufacturers and Traders (SMMT), the number of electric car registrations has increased substantially over the past 12 months. An average of 2,400 electrical vehicles was registered per month in 2015 compared with just 500 at the beginning of 2014. It is estimated that the total number of electrical vehicles on the UK roads total
    Read More

Highlighted Content