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

  • Cost benefit: Toronto retimings tame traffic trauma
    July 19, 2018
    Canada’s largest city reckons that it is saving its taxpayers’ money simply by altering the way traffic lights work. David Crawford reviews Toronto’s ambitious plans to ease congestion Toronto, Canada’s largest metropolis (and the fourth largest in North America), has saved its residents CAN$53 (US$42.4) for every CAN$1 (US$0.80) spent over a 2012-2016 traffic signal retiming programme, according to figures released by its Transportation Services Division. The programme covered 1,275 signals (the city’s
    Read More
  • Project Edward: 43 fatalities reported in 31 participating countries, Europe
    October 23, 2017
    There are 43 road deaths across 31 participating European countries, according to the latest results by European Day Without A Road Death (Project Edward). The figures have been published by the European Traffic Police Network, Tispol. Findings also revealed that 16 countries had zero fatalities. The project aims to raise awareness of road safety issues and to draw attention to value of national and Europe-wide road safety targets.
    Read More
  • Ex-Conduent CEO: ‘I am not a career transportation person’
    June 11, 2019
    Just prior to resigning as Conduent Transportation CEO, Mick Slattery talked to Adam Hill about the importance of digital and how tech can transform ITS. "I am not a career public sector person,” declares Mick Slattery, chief executive officer of Conduent Transportation, at the beginning of his interview with ITS International. “I am not a career transportation person. I am new to this industry, effective August last year. At my core I’ve spent my career creating and launching new opportunities for clie
    Read More
  • ASECAP examines tolling’s trials, tribulations and triumphs
    September 4, 2018
    If you want to get up to speed on the main issues facing the transport sector and tolling companies, ASECAP Study Days event in Ljubljana was a good place to start. Colin Sowman reports (Photographs: Louis David). Increasing populations, ever-higher technical and safety requirements, and electric and hybrid vehicles will provide both challenges and opportunities for tolling companies. The annual Study Days event organised by ASECAP (the European association for tolling companies) examined all of these aspec
    Read More

Highlighted Content