News & Media
Q1 2010 Results
May 23 2010
The Net Profit in the 1st quarter grew by 95% and was approximately 1.9M$. The rate of gross margins increased to 47.9%
Israel, Tel Aviv, March 23rd 2010 – Visonic reported today its results for the first quarter of 2010:
Highlights of the Report
- Visonic sales in the first quarter were 22.6M$ - compared to sales of approximately 21.4M$ in the corresponding quarter of 2009 – an increase of approx. 5.8%.
- The gross profit for the quarter increased to 10.8M$, as compared to 9.5M$ in the quarter of 2009, an increase of approx. 14.3% growth.
- The gross profit margins increased to 47.9%.
- The operating profit grew by 6.8% to 2.3M$ in the quarter, as compared to 2.2M$ in the corresponding quarter of 2009. Operating profit margins is approx. 10.4%.
- The net profit grew by 95% and was approx. 1.9M$.
- A growth of approx. 7% in EBITDA to 3M$ in the quarter.
Q1 2010 Report - Summary (English)
