STEMMER IMAGING - Record half-year results
STEMMER IMAGING (SI) started its life as a listed company by posting the highest half-year results in its history. We expect further improvement as SI benefits from its broad product portfolio, customisation expertise and extensive customer base across many industries to take advantage of double-digit growth in the machine vision industry. We expect this organic growth to be supplemented with acquisitions, as management has allocated half of the €51m (gross) raised at the IPO in February for this purpose. Management already has an exemplary track record in this area, the most recent acquisition being that of Data Vision this January, which made SI the largest machine vision supplier in the Benelux region.Stemmer Imaging AG is a Germany-based provider of machine vision technology. The Company's offering includes a complete technical range of products from a variety of manufacturers, such as cameras, lenses, illumination products, machine vision systems, as well as its own custom-made solutions, such as customized cables and protective housings for machine vision cameras. In addition, the Company develops imaging software, Common Vision Blox. The Company's machine vision solutions can be used in industrial automation to ensure quality control. Application areas include automotive, print, packaging, food and pharmaceutical industries, medical engineering and traffic technology, among others. The Company also provides customer support services, offering customized advice, feasibility studies and training, among others.
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