ISRA VISION AG (ISIN: DE 0005488100) – the TecDAX company for industrial image processing (machine vision) and one of the world’s leading suppliers of surface inspection solutions for web materials and of 3D machine vision applications held its ordinary Annual General Meeting on Tuesday (March 19th, 2019) in Darmstadt. For the financial year 2017/2018, the company once again had a profitable year with a growth of seven percent as well as a record profit; the company thus took a decisive step toward the medium-term revenue target of 200+, summarized CEO Enis Ersü in front of almost 400 shareholders present at the Darmstadtium congress center. „With the focus on innovations that will launch on the market during the year, we are clearly geared toward further growth.”
The look to the future created a positive mood at the Annual General Meeting among the shareholders who, due to the innovative advancement of technologies for the industrial automation, emphasized ISRA’s future sustainability: through the expansion of the product portfolio with INDUSTRIE 4.0 architecture, embedded systems, as well as software-based Production Analytics tools for detailed analyses of production and quality data, new potential arises for the Darmstadt-based technology group. In the future, the expanded business focus on Smart Factory Automation for the establishment of high-end automation technologies for the optimization of discrete manufacturing processes will also substantially contribute to the revenue. For the current financial year, the company is striving for a clear, double-digit growth – not least due to acquisitions, some of which are at an advanced stage.
The shareholders, who also benefit from the positive development of the company, resolved to distribute a dividend of EUR 0.15 per share by a large majority. Thus, the Annual General Meeting followed the suggestion of the Executive Board and Supervisory Board and approved the increase in dividends by 27 percent for the financial year 2017/2018. Furthermore, Dr. Hans-Peter Sollinger, former Executive Board Member of Voith AG, has been elected to the Supervisory Board. The Annual General Meeting additionally discharged the Members of the Executive Board and the Supervisory Board for the financial year 2017/2018.
The detailed voting results for the individual agenda items are published under www.isravision.com/….