DGAP-News: ISRA VISION AG / Key word(s): Dividend/AGM/EGM
ISRA VISION AG: Remains on growth course heading for 200+ - strategic orders and acquisition expected shortly
ISRA's management is proposing increase of dividend to 0.15 euros for the Annual General Meeting on March 19, 2019
ISRA VISION AG (ISIN: DE 0005488100) - the TecDAX company for industrial image processing (machine vision) and one of the world's leading suppliers of surface inspection solutions for web materials and 3D machine vision applications - is pressing ahead with its sustainable dividend policy and proposing to the Annual General Meeting on March 19, 2019 an increase of dividend by 27% to 0.15 euros for the 2017/2018 financial year. The company closed the 2017/2018 financial year with significant EBT growth of 18% to 33.0 million, a very strong EBT margin of 22% to sales and a solid increase in revenues of 7% to 152.5 million. ISRA's strong performance in 2017/2018 is substantial, especially compared to the VDMA market analysis; the segment's report for 2018 shows a slight decline in incoming orders as well as almost stagnant revenues.
ISRA is primarily focused on quickly implementing the planned innovation roadmap in the current financial year. ISRA's growth strategy is based on the continuation of the previous profitable business development with a view to the next sales dimension of 200+. In the new financial year, the company has started in a robust fashion with a high order backlog of 98 million euros gross. At the same time, further potential has been tapped in various segments with intensive market activities. Additional growth momentum will result from various strategic orders; more than 5 million euros are expected in the short term. In the area of external growth, several acquisition projects are in focus - the timely completion of one project is imminent.
ISRA VISION AG, together with its subsidiaries, is worldwide leading in surface inspection of web materials. Furthermore, it is one of the globally leading providers of machine vision programs, specialising in the area of 3D machine vision, in particular for "3D robot vision".
The core competence of the Company is the ISRA-BrainWARE(R), an innovative software for intelligent machine vision systems. Here, the scientific know-how from the fields of optics, lighting technology, surveying technology, physics, image processing and classification algorithms and a complex system design are combined. Machine vision is a key technology for visualising systems that imitate the human eye. Today's ISRA applications focus primarily on the automation of production and quality assurance of goods and products supplied to large, future-oriented markets such as energy, healthcare, food, mobility and information. The customers mainly include renowned global players from the respective sectors. With more than 25 locations worldwide, ISRA offers customer proximity everywhere and ensures optimum service and support.
In the past seventeen years, ISRA has shown profitable growth with an annual average increase in sales of approx. 25 percent. Currently the Company employs approx. 800 people worldwide.
Further information are available at www.isravision.com.
ISRA VISION AG
Tel.: +49 (0) 6151 948 - 0
08.02.2019 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
|Company:||ISRA VISION AG|
|Phone:||+49 (0)6151 9 48-0|
|Fax:||+49 (0)6151 9 48-140|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange|
|End of News||DGAP News Service|