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

  • The sunshine subsidy for Colorado’s tollways
    January 10, 2014
    David Crawford reports on energy cost cutting on US highways. Just over a year after switch-on and with two global awards under its belt, the longest solar-powered toll road in the US is generating heightened interest in highway applications of alternative energy. The E-407, which loops around the eastern perimeter of the Denver metropolitan area in Colorado, won the International Bridge, Tunnel and Turnpike Association (IBTTA) President’s Overall Award for Excellence at its September 2013 Annual Meeting in
    Read More
  • Fleet management systems to reach 7.1 million in Europe by 2018
    October 15, 2014
    According to a new research report from analyst firm Berg Insight, the number of active fleet management systems deployed in commercial vehicle fleets in Europe was 3.65 million in quarter 4 2013. Growing at a compound annual growth rate (CAGR) of 14.2 per cent, this number is expected to reach 7.10 million by 2018. A group of international aftermarket solution providers has emerged as leaders in the European fleet management market. Masternaut reported an active installed base of close to 350,000 units
    Read More
  • US traffic fatalities fall in 2014, but early estimates show 2015 trending higher
    December 22, 2015
    The US saw a slight decline in traffic deaths during 2014, according to the Department of Transportation's National Highway Traffic Safety Administration (NHTSA). However, an increase in estimated fatalities during the first six months of this year reveals a need to reinvigorate the fight against deadly behaviour on America's roads, NHSA says.
    Read More
  • New vehicle technologies ‘could help reduce fatalities on European motorways’
    March 5, 2015
    New safety technologies could play a major role in reducing the numbers killed on European motorways, according to the European Transport Safety Council (ETSC), in a new report published today. The new analysis of developments in motorway safety shows that, despite recent progress, around 1,900 were killed on motorways in the EU in 2013. The report cites figures from several countries showing that up to 60 per cent of those killed in motorway collisions were not wearing a seatbelt. It calls on the EU to req
    Read More

Highlighted Content