News & Media
Preliminary Results and Maiden Dividend
March 20 2007
Visonic (VSC.L), the international developer and manufacturer of electronic security systems (alarms) and home management systems, announces Preliminary Results for the year to 31 December 2006.
Highlights
- Net Profits up 3.3% to $5.2 million (2005: $5.0 million)
- Group Sales up 4.8% to $65.8 million (2005: $62.8 million)
- Visonic's 'core' business sales up 7.7% to $59.9 million (2005: $55.6m)
- Earnings per share up 1.6% to 12.6 cents (2005: 12.4 cents)
- Balance sheet remains strong with good operating cash flow
- Maiden dividend of £0.01 per share recommended
- 'Core' Security and Home Management expanded to encompass Home Health Care
- Strategic investment in Home Healthcare
- 3 new mass market distribution agreements signed in year and further 2 post year end: ASCOM, Bell Canada, G4S, Prosegur Alarms, Securitas
- Product launches including PowerMax®Pro Premium Security & Home Control Wireless system, Amber® Select Home Healthcare System with Bluetooth interfaces to telemedicine devices.
