News & Media
Visonic Trading Update
July 19 2007
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:
Visonic’s revenues in the first half of 2007 (to 30 June) showed a strong 13% increase to $37.1 million over the $32.7 million achieved in the first half of last year.
The Group’s core business of electronic security, home management systems and home health care achieved sales growth of almost 15%. This result reflects the success of Visonic’s strategy of building sales by developing new channels, the introduction of sophisticated new products such as the PowerMax®Pro and also the elimination of production and delivery problems suffered last year.
