Scientific camera manufacturer posts encouraging sales hike

The Belfast-based manufacturer of scientific cameras, Andor Technology, has posted a rise in pre-tax profits of 22 per cent in the six months to March this year.

The company said it made £5.5 million during the period, from a turnover of £31.2 million. In a statement released with the figures a company spokesman said that while sales in the Americas had encountered some difficulties, the level of sales in the Asia Pacific more than compensated for it, surging by 35 per cent.

The company focuses in the development of highly specialised cameras for use in scientific research.

Andor’s chairman, Colin Walsh, said that while they are now expecting figures for the second half of the year to be lower than initially estimated, the healthy first figures to March have set a very solid foundation.

“While it is now apparent that the second six months will be more challenging than originally thought, our investments have put in place all of the building blocks to support our strategic plans,” he said. “I believe we remain in a strong position to continue to deliver long term value to shareholders.”

The company now has 20 full-time staff working in four offices in Japan and China, including people in scientific sales jobs.

http://www.kirkhamyoung.co.uk/news/article/scientific-camera-manufacturer-posts-encouraging-sales-hike-184116.html

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