News & Media
Visonic Trading Update
Visonic (LSE: VSC.L; TASE: VSC.TA), the international developer and manufacturer of electronic security systems (alarms) and home management systems, announces the following trading update:
Group turnover for the year to 31 December 2006 was in line with market expectations. Continuing the trends reported at the Interim Results in September, the core business of Security and Home Management (which includes Home Healthcare solutions) saw good sales growth, while Location Tracking Systems (which largely comprises Visonic Technologies (“VT”) Real Time Location Systems) continued to be disappointing. Overall, sales by the core business in the second half of 2006 were 11% higher than in the corresponding period of 2005 and total sales grew by 8% in the same period.
