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Volume 37.0
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advanced vision technology (VSJ) Snapshot

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02/26/14 - €9.45
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advanced vision technology (VSJ) Details

Advanced Vision Technology Ltd. manufactures and markets print process control, quality assurance, and press control systems for the packaging, labels, folding cartons, and commercial print markets. The company provides PrintVision/Jupiter, an on-press automatic inspection solution; PrintVision/Apollo, a quality assurance solution and process control inspection system; and PrintVision/Argus and Argus Elite on-press process control and quality assurance solutions. It also offers PrintVision/Helios and Helios II that are inspection systems for label and narrow Web applications; PrintVision/Helios Varnish, an automatic inspection platform for print and varnish coating; MicroColor/Mercury, a remote ink control solution for offset presses; Proofit, an off line solution for inspecting graphics; and PrintVision/Argus II, an inspection system for cartons. In addition, the company provides ColorQuick/Clarios, a color control system for offset presses; PrintQuick, a closed loop color-to-color register control for wider Web presses; PrintVision/Titan, an inspection platform for metal boxes market; pRegister and iReg, a register pre-setting and control module; Presco, a plate pressure pre-setting and control module; and IEal, an in line color measurement module. Further, it offers SpectraLab, a color measurement technology; WorkFlow Link, a label and packaging solution; Microcolor II, a digital ink fountain control system; PrintVision/Neptune, an inspection platform for offset and commercial applications; and SnapReg, an automatic closed loop color-to-color register control for commercial presses. Additionally, the company offers color management and reporting software; consulting, installation, and training services; and spare parts. It markets its products and services directly; and through distributors and strategic partners worldwide. The company was founded in 1992 and is headquartered in Hod Hasharon, Israel.

216 Employees
Last Reported Date: 08/7/14
Founded in 1992

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advanced vision technology (VSJ) Key Developments

Advanced Vision Technology Ltd. Reports Financial Results the Second Quarter and First Half of 2014

Advanced Vision Technology Ltd. reported financial results the second quarter and first half of 2014. The revenues in the second quarter of 2014 totaled USD 13.7 million, which represents an increase of 10.5% compared to USD 12.4 million for the respective period in 2013, and an increase of 2.1% compared to the first quarter of 2014. For the first half of 2014 revenues reached USD 27.1 million, 9.7% over revenues of USD 24.7 million for the first half of 2013. The increase in revenues is mainly attributable to higher sales at the labels and packaging converters printing markets. Aligned with rising revenues, the order booking totaled USD 26.7 million representing an increase of 9.1% compared to USD 24.4 million for the first six months in 2013. Revenues in the first half 2014 were mainly driven in the EMEA markets which contributed 44% of total revenues (36% during the first half of 2013). EBIT in the second quarter of 2014 totaled USD 1.8 million, an increase of 34.4% compared to USD 1.4 million for the second quarter of 2013. In the first six months of 2014 EBIT totaled USD 3.1 million, 17.5% higher than USD 2.7 million in the respective period of 2013. The net income for the first six months totaled USD 2.3 million or USD 0.37 per diluted share, a growth of 11.2% compared to USD 2.0 million or USD 0.35 per share for the first half of 2013.

Advanced Vision Technology Ltd., Q2 2014 Earnings Call, Aug 07, 2014

Advanced Vision Technology Ltd., Q2 2014 Earnings Call, Aug 07, 2014

Advanced Vision Technology Ltd. Names Windell McGill as President of the Americas

Advanced Vision Technology Ltd. has named Windell McGill as President of the Americas. In this position Mr. McGill, who will work from AVT's Atlanta, GA offices, will manage all activities in North and Latin America including sales, marketing and customer support. Mr. McGill is replacing outgoing President Amir Dekel, who is leaving the company after one year in this position. Mr. Dekel has been with AVT since 2001, and had been Vice President of Marketing prior to his tenure as President of the Americas. In succeeding Mr. Dekel, Mr. McGill is actually rejoining AVT, having previously served 15 years with the company, most recently as Vice President of Sales for North America. Overall, he has more than 25 years of experience in the graphic arts industry, including former sales management positions with Autologic/Triple-I, Scitex, Dalim Software GmbH and HP Indigo.


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