Posted to News on 14th Sep 2011, 11:51
Stemmer Imaging achieves record turnover
Stemmer Imaging has announced a substantial increase in turnover for the financial year ending 30 June 2011. Total turnover for the four Stemmer Imaging companies, headquartered in Germany, exceeded EUR55million - which is an increase of more than 50 per cent on the previous year. In the UK, turnover showed an impressive rise of nearly 40 per cent compared to 2010.
David Hearn, the Managing Director of Stemmer Imaging UK, says: "These are superb results. The Group performance has exceeded the growth figure of around 35 per cent for the industry in Europe recently announced by the European Machine Vision Association, meaning that we have increased our overall market share. We are also delighted with the UK figures, which show that it is possible to be very successful even in a generally cautious economy"
"I believe that our success can be attributed to a number of factors. We have worked hard to reinforce our reputation for reliability in the provision of imaging technology and to secure orders for many new projects and applications in various markets. We have carefully selected exciting new products from the world's leading manufacturers to ensure we continue to offer the most complete range of industrial vision components in Europe. In addition, the Group's inherent financial stability has allowed us to not only expand our staff base but also to improve our infrastructure, with investments in a logistics centre, a new training centre and other new facilities, including a restructured website."
In the UK, Stemmer Imaging has created a new Technical Centre at its Tongham offices. The adjoining building has been acquired and has been converted into a purpose-built area to house the Technical team. This new facility includes a number of individual development workstation areas and provides significantly improved space and facilities to develop solutions to customers' problems as well as offering comfortable demonstration facilities.
