Printer Friendly
The Free Library
5,671,890 articles and books
Member login
User name  
Password 
 
Join us Forgot password?

Visonic: Pre-Close Trading Update.


TEL AVIV Tel Aviv (tĕl əvēv`), city (1994 pop. 355,200), W central Israel, on the Mediterranean Sea. Oficially named Tel Aviv–Jaffa, it is Israel's commercial, financial, communications, and cultural center and the core of its largest  -- Visonic (LSE LSE - Language Sensitive Editor :VSC VSC Vehicle Stability Control
VSC Vermont State Colleges (Waterbury, Vermont)
VSC Vessel Safety Check (USCG Auxilliary)
VSC Vehicle Skid Control
VSC Vermont Service Center
), the international developer and manufacturer of electronic security systems (alarms) and home management systems, is pleased to make the following trading update prior to the group going into its close period.

The group performed well in the first half of the financial year and the Board is pleased with the results so far achieved in the year to date. The group remains ahead of its internal budget at both the sales and pre-tax pre-tax adjanterior al impuesto

pre-tax adjavant impĂ´t(s)

pre-tax adjal lordo d'imposta 
 profit levels.

The group intends to announce its Interim results for the six months to 30 June 2005 on Wednesday 7 September 2005.

The group has also made considerable progress with its stated strategy of developing the various mass-market distribution channels for its products. During the period distribution agreements were reached with five new customers as well as enlarged re-orders from veteran customers. Increasing orders for the company's leading product, the PowerMax+ security and home management system, continued to generate healthy revenues.

Commenting, Dr Avi Shachrai, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and President of Visonic said:

"The group performed well in the first half and we are pleased with the results so far achieved and that we are currently ahead of our internal budget at both the sales and pre-tax profit levels. We are also delighted to have made further progress in our mass market sales strategy."
COPYRIGHT 2005 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 2005, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

 Reader Opinion

Title:

Comment:



 

Article Details
Printer friendly Cite/link Email Feedback
Publication:Business Wire
Date:Jul 4, 2005
Words:221
Previous Article:An All-American Holiday.
Next Article:FNX Mining Completes Aurora Platinum Acquisition.



Related Articles
Innovative check valve solves repeatability & wear problems.
A new look at check valves.
Business Publisher Stock Quotes.
Business Publisher Stock Quotes.(Brief Article)
Business Publisher Stock Quotes.
Searching for the futures. (Ask B.E.).
Business publisher stock quotes.
Business Publisher stock quotes.
Business publisher stock quotes.
Business publisher stock quotes.

Terms of use | Copyright © 2009 Farlex, Inc. | Feedback | For webmasters | Submit articles