Skip to main content

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.

For more information on companies in this article

Related Content

  • ITS industry in the US has grown to $48 billion and will expand
    April 17, 2012
    ITS America has released what it says is the most comprehensive study to date on the scope of the ITS industry in the United States and North America. Researchers found intelligent transportation to be a fast growing sector valued at approximately US$48 billion. Results indicate that cities and states with drastically reduced budgets are turning to technology solutions to maximize existing highway capacity.
  • A need for order in evolution
    February 27, 2012
    The hit film Jurassic Park took its name from one of the several geological periods or epochs (as they are also known) in which dinosaurs were the dominant land-dwellers.
  • Debating the future development of ANPR
    July 31, 2012
    What future is there for automatic number plate recognition? Will it be supplanted by electronic vehicle identification, or will continuing development maintain the technology's relevance? In recent years, digitisation and IP-based communication networks have allowed Automatic Number Plate Recognition (ANPR) to achieve ever-greater utility and a commensurate increase in deployments. But where does the technology go next - indeed, does it have a future in the face of the increasing use of, for instance, Dedi
  • Here: AI has place in ‘privacy by design’
    June 23, 2020
    Artificial intelligence may improve traffic in cities and keep location data private, but Here Technologies shows that it only takes four points of anonymous data to predict your identity.