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

  • Reporting on the direction of the US's ITS research effort
    January 19, 2012
    The US ITS Joint Program Office has been working with industry stakeholders to help define the form of future research projects. Here, the Office's James Pol discusses progress and future goals
    Read More
  • Incentive schemes target single occupancy commuters
    October 14, 2016
    Andrew Bardin Williams looks at state-run schemes to encourage green transportation habits with raffles, gift cards, competitions and frequent traveller points. The societal benefits of green transportation are obvious: less congestion, cleaner air and healthy economy. Equally the advantages for individuals are pretty clear too: a healthy lifestyle, freedom of movement and the feeling of being a part of something greater than oneself.
    Read More
  • ITS investment on upward curve
    August 17, 2022
    More money is coming into the ITS sector – but where is it likely to go next? And what are the pros and cons of all this cash? Adam Hill talks to ITS veteran and corporate investment adviser Greg McKhann
    Read More
  • Connecting people and mobility
    February 3, 2012
    Stéphane Petti, Business Development Manager - Automotive, at Orange Business Services' International M2M Center, says that the ITS industry can no longer afford to ignore the telecommunications industry's role in connecting people and mobility services. To telephone companies (telcos), the Machine-to-Machine (M2M) sector is nothing new. Worldwide, they have been focusing considerable attention on M2M in all its sub-segments for several years now. It is the migration of M2M from fixed to wireless connectivi
    Read More

Highlighted Content