News & Media
Visonic Interim Management Statement
May 11 2009
Visonic (LSE: VSC.L; TASE: VSC.TA), the international developer and manufacturer of electronic security systems (alarms) and home management systems, is pleased to announce its Interim Management Statement, covering the period from 1 January, 2009 to 11 May 2009.
During the first quarter of 2009 the demand for Visonic’s products has increased in line with management expectations. Sales during this period were up 2.4%, at US$21.4 million, in comparison with the first quarter of the previous year. Much of this growth was driven by increased sales to Europe and achieved in spite of the devaluation of the Euro and Sterling.
