PapalPower
- 16 Jan 2006 08:12



Main Web Site : http://www.visonic.com/
Investor Relations Contact : Ruti Grossman E-mail: rutig@visonic.com
Investor Relations FAQ : http://www.visonic.com/Investors/FAQ.html
__________________________________________________________________
Latest Major Deals and News :
27th Feb 2006 TMT Alliance : TMT Link
8th Feb 2006 Group 4 Alliance : Group 4 Link
7th Dec 2005 : Amber Product Gains : Amber Link
7th Nov 2005 : New Sales Agreements : Sales Link
7th Oct 2005 : Sales Agreement and Patent : Sales/Patent Link
World Leader in the Security Industry
At the Forefront of Home Automation
Paving the way with innovative wireless security, automation and control solutions, the Visonic Group is positioned at the forefront of the Home Automation and Home Networking markets. Visonic has laid the groundwork for the "networked home" where electronics, systems and appliances are all linked by an internal network with connection to the Internet.
Established in 1973, the Visonic Group has built a strong reputation as a world leader in the design, development, and manufacture of high quality systems and products for the security industry. With over 30 years of experience in every aspect of security, Visonic serves institutional, industrial, commercial and residential markets for both personal and property protection. The Visonic Group is recognized for its advanced patented technologies, reliable high performance systems, and responsive customer support worldwide. Visonic products are designed to comply with international standards and regulations and are approved for use by local authorities in most countries.
The Group Worldwide
The group's parent company is Visonic Ltd., headquartered in Tel Aviv with production facilities in Kiryat Gat, Israel. The group's subsidiaries include Visonic Technologies which focuses on integrated facility management solutions combining local positioning, security, access control and asset management. The group has sales and marketing companies in the U.S., U.K., Spain, Germany, Hong Kong, Australia and Poland, as well as sales office in Nordic.
Solutions Built for Performance
Visonic's products are designed, developed and manufactured according to the highest quality standards. The company's product offerings cover a wide variety of security, safety, control and automation needs including: intrusion detection, access control, asset management, real time local positioning of asset and individuals, emergency signaling, remote control supervision and home automation. With a record of hundreds of thousands of installations in over 70 countries, Visonic's expertise is unparalleled and its reliability undisputable.
________________________________________________________________
Shares in Issue = 40.2 million
Financial Half Year End 30th June
Financial Full Year End 31st December
VISONIC INTERIM RESULTS
Visonic (VSC.L) the international developer and manufacturer of electronic security
systems (alarms) and home management systems, is pleased to announce its
Interim results for the half year ended 30 June 2005.
HIGHLIGHTS
Group sales up 17% to $32.2 million (from $27.5 million in H1-2004)
Gross Profit margin increased to 49% (from 48% in 2004)
Profit before tax up 39% to $4.1 million (from $3.0 million in H1-2004)
Earnings per share up 14% to 8 cents
Groups effective tax rate down to 26% from 28% in 2004
Significant progress made with stated mass market sales strategy
PowerMax+ security and home management system continued to generate
healthy revenues
Five important distribution agreements were reached during the period
Sales at Visonic Technologies Limited up 38% with profits ahead of
expectations
OUTLOOK
The Group performed strongly in the first half and remains ahead of internal budgets both in terms of sales and at the pre-tax profit level. Whilst July and August are traditionally quieter months for the industry and consequently the Group, sales in both the first two months of the second half were encouraging. The Board therefore remains confident of the Groups prospects for the year.
___________________________________________________________________
PapalPower
- 16 Jan 2006 08:13
- 2 of 19
Trading update due very soon. Very likely trading on a current year PER of less than 10. Good growth potential, pending results and given a decent new current year prospective EPS for 2006 and forward pr EPS for 2007, could well be trading in the 150p or higher regions sooner rather than later I think. A lot will come out from the coming trading statement and prelim results. They have around 10m cash in the bank and to me things look exciting going forward.
PapalPower
- 16 Jan 2006 08:58
- 3 of 19
Certainly moved up fast this morning, roll on a trading update then some time this month.
PapalPower
- 16 Jan 2006 16:10
- 4 of 19
Holding well above the opening offer today, positive signs.
PapalPower
- 16 Jan 2006 17:38
- 5 of 19
And finished that way too, I do see great potential here, the trading update is going to be the key to knowing just how low a PER this is trading on, a really good update, and there will be plenty of upside.
PapalPower
- 16 Jan 2006 22:19
- 6 of 19
An interesting if now a few months old article on Visonic in the link below, but take into account the interim outlook which was after this article was written (being July/August decent sales)
http://tinyurl.com/dagcx
PapalPower
- 17 Jan 2006 07:39
- 7 of 19
January 17, 2006
Visonic Announces Pre-close Trading Update & New Agreement Signed
`Results Expected to Exceed Expectations'
The Board of Visonic (LSE: VSC), 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 entering its close
period.
Trading since the Interim announcement on 7 September 2005 has been very
positive and consequently Group turnover and profit before tax for the year to
31 December 2005 are expected to exceed current City expectations.
While the Group's core products have continued to generate healthy revenues
during the period, Visonic has also successfully expanded into new markets, as
well as having obtained patent approvals for innovative technological products.
This performance has been positively impacted by the ongoing success of the
Group's stated strategy of increasing sales through mass-market distribution
channels, developing and launching new innovative products and offering
customers flexible solutions with full support.
New Sales Agreements
During December, the Group signed an OEM agreement for the supply of its
products to a major North American security company, which is expected to
generate sales in the region of US$5m over three years. This agreement is of
particular significance as it is for the supply of Visonic's products as an OEM
product for another security company. This brings the total number of sales /
distribution agreements reached during the year to 12.
Visonic Technologies (VT), Visonic's subsidiary which manufactures real time
location systems for commercial and institutional use such as prisons and
hospitals, also achieved positive results during the year.
Commenting, Dr Avi Shachrai, CEO and President of Visonic, said:
'We are extremely pleased our results are likely to exceed expectations. We
have benefited enormously from the strategy we put in place a few years ago and
have been pursuing rigorously ever since. The Group's performance over the last
year demonstrates the strength of our business model, with our core products
performing extremely well, positioning us favourably in what is a competitive
environment'.
'Gaining this new OEM distribution agreement with a leading North American
security company is another achievement for the Group. It clearly demonstrates
the acknowledgment our products have gained in the market place as being of top
quality and technologically advanced'.
The Group intends to announce its Preliminary Results on March 22 2006.
CONTACT: Dr Avi Shachrai (President & CEO)
PapalPower
- 17 Jan 2006 07:55
- 8 of 19
That is the kind of trading update I wish every company I invested in would put out and the new sales agreement is wonderful news too for now and the future.
PapalPower
- 17 Jan 2006 15:03
- 9 of 19
Had a good day so far, by my own estimates its going to be trading on a current year pr EPS of under 10 after results, and will be at 100p on historic EPS of 10, forward EPS of far below 10p.
Should be due a serious upgrade now, and I think the 150p range for trading is not excessive.
PapalPower
- 17 Jan 2006 16:35
- 10 of 19
Solid day and solid breakout in the chart.
PapalPower
- 18 Jan 2006 01:12
- 11 of 19
Corporate Synergy put out a buy rating this week so it seems, ahead of the trading update.
PapalPower
- 18 Jan 2006 07:47
- 12 of 19
From uk-analyst.com
"Shares in Israeli electronic security systems maker Visonic moved 11p ahead to 109.5p following news that the company was trading ahead of expectations. The company said group turnover and pre-tax profits for the year to December 31st were now expected to beat consensus forecasts. In a pre-close update, the group said trading since the interim results were released in September had been very positive. While the group's core products have continued to generate healthy revenues during the period, Visonic delighted the market with news that it had also successfully expanded into new markets, obtaining patent approvals for technological products in the process."
PapalPower
- 08 Feb 2006 16:10
- 13 of 19
Good news today on the Securicor Deal !
PapalPower
- 27 Feb 2006 11:29
- 14 of 19
Visonic expands into the Telemedicine market with New Strategic Alliance
Visonic (LSE: VSC), the international developer and manufacturer of electronic
security systems (alarms) and home management systems, announces it has
significantly strengthened its position in the home healthcare market by
entering the rapidly growing telemedicine sector through a strategic
partnership agreement with TMT Telemedicine Web Medical Centre (TMT).
The agreement signed with the controlling shareholders of TMT, establishes a
partnership between Visonic and TMT, within the framework of a company called
Visonic -TMT Telemedicine SA, (with head offices in Lyon, France). In exchange
for an investment of Euro 711,366, Visonic has gained a stake of 12.15% in the
newly formed company. This alliance will give Visonic an enhanced marketing and
sales platform with which to expand into the telemedicine field, on the basis
of TMT's unique and comprehensive package of solutions in the area of home
healthcare and telemedicine.
TMT was founded in 2003 in Lyon France, in order to develop service solutions
for home care, based on advanced telemedicine technologies. The founders are
experienced professionals in the security and medical fields, among them are
the former owners of CIPE, a successful French security company, acquired a few
years ago by ADT. TMT has successfully formed a package of solutions, including
wireless devices for remote medical testing, secured transmission and
processing of medical data. TMT has already started to sell its system in
France.
The system which will be used in Visonic-TMT's telemedicine product offering is
the next generation of Visonic's Amber Home Healthcare system, which will use
bluetooth technology to communicate with an array of wireless diagnostic
equipment. The Amber's ease-of-use is field proven and ideally suited for the
elderly and disabled at home, who are Visonic-TMT's target market. Visonic -TMT
markets include local government, insurance, service providers and healthcare
professionals worldwide.
Commenting, Dr. Avi Shachrai, CEO and President of Visonic, said:
'We are extremely pleased to have forged a partnership with TMT and to have
established this joint company. Home Healthcare is one of the pillars of our
growth strategy and the TMT telemedicine platform will broaden our home
healthcare capabilities and enable us to offer comprehensive solutions to a
growing market.'
Commenting, Mr. Jean Claude Bensoussan, Chairman of the Board of Visonic-TMT
said:
'TMT sees in the contribution of Visonic's advanced technologies and strong
production capabilities as a major milestone in its growth strategy. Visonic
TMT is already in contact with governments, major telemedicine and home
healthcare service providers worldwide. Once these contacts mature, management
hopes it may have a significant impact on the company's growth.'
CONTACT: Dr Avi Shachrai (President & CEO)
Shmuel Koren (CFO)
Ruth Grossman (Director of Investor
Relations)
Visonic
Tel: + 972 3 645 6718
Email:
rutig@visonic.com
PapalPower
- 22 Mar 2006 09:01
- 15 of 19
Excellent Results !!
Highlights
Profits well ahead of City expectations
Group sales up 14% to $62.8 million (2004: $55.1m)
Gross Profit margin increased to 48% (2004: 47%)
Profit before tax up 59% to $6.7 million (2004: $4.2m)
Earnings per share up 39% to 12.4 cents (2004: $8.9 cents)
Strong cash generation
Launch of PowerLink - a Broadband web communicator for PowerMax+
12 distribution agreements were concluded during the period
Amber (home healthcare) launched in Europe
Geographic expansion - China and Latin America
Investments in manufacturing and IT
Visonic's Chairman, Yaacov Kotlicki, commented:
"The Group had an excellent year with strong sales and profit growth, cash
generation and an improved operational performance.
While it is still very early in the new financial year, 2006 has begun well
with the signing of a strategic agreement with Group4Securicor and an agreement
to enter the rapidly growing telemedicine market. In addition, the Board has
approved a dual listing of Visonic's shares on the Tel-Aviv Stock Exchange to
encourage increased share trading.
As a result of the momentum in the Group and its cash generative qualities the
Board will also be recommending a dividend for the financial year 2006. We
remain confident of the Group's prospects for the year ahead."
PapalPower
- 02 Aug 2006 07:09
- 16 of 19
http://www.investegate.co.uk/article.aspx?id=20060802070000PCDD6
2nd August 2006
Visonic to supply major North American telco with PowerMaxPro security system
PapalPower
- 06 Sep 2006 07:56
- 17 of 19
Wednesday 6 September 2006
Visonic
Interim Results
Visonic (LSE: VSC.L; TASE: VSC.TA), the international developer and
manufacturer of electronic security systems (alarms) and home management
systems, is pleased to announce its Interim Results for the half year ended 30
June 2006.
Highlights
- Good growth in earnings per share - up 25% to 9.6 cents (from 7.7 cents in H1-2005)
- Profit before tax up 6% to $4.4m (from $4.1m in H1-2005), PBTA at $4.5m
- Group sales increased to $32.7m ($32.2m in H1-2005)
- Incoming orders were up 6.5% above the comparable period,
principally due to good performance of the core business
- Very strong balance sheet with $20.7m in cash and equivalents and
strong cash generation
- New products well received by market: PowerLink and PowerMaxPro
Visonic's CEO, Dr. Avi Shachrai, commented:
"Once again Visonic has delivered a satisfactory performance in
profits and earnings per share during the first half of 2006. We have made
significant progress with our sales strategy, entering distribution agreements
with major international companies which we regard as the foundation for
future profitable growth."
"The Group's new products, PowerMaxPro and PowerLink have been well
received in the market place. We advanced our expansion into the telemedicine
field by investment in TMT Telemedicine Web Medical Center (hereafter "TMT")."
"Sales in the two first months of the second half in the core
business of Visonic remain strong."
PapalPower
- 27 Feb 2007 08:58
- 18 of 19
27th Feb 07
Visonic
Visonic signs agreement with Ascom
Visonic (LSE: VSC.L; TASE: VSC.TA), the international developer and
manufacturer of electronic security systems (alarms) and home management
systems, is pleased to announce its fully owned subsidiary, Visonic
Technologies ("VT"), has signed a technology development agreement with Ascom
(Sweden) AB, ("Ascom"), a global leader in on-site wireless solutions for
mission-critical communications in healthcare, industry, secure establishments,
hotel and retail.
VT will supply Ascom with its Elpas RTLS and Active RFID hospital-enabled
products from its range of location tracking systems for integration into
Ascom's next-generation Wireless Nurse Call solution. VT's innovative tracking
and identification technology provides an effective and secure means of
protecting the vulnerable in institutional environments.
Commenting, Dr Avi Shachrai, CEO and President of Visonic, said:
"We are extremely pleased to have reached this development accord with Ascom.
The integration of VT's unique location tracking technology with Ascom's market
leading position in healthcare communications systems will result in material
benefits to those involved in providing institutional support for the elderly
and to the quality of life of the residents in their care."
Commenting, Mr. Jan van Havenbergh, Product Line Manager, Healthcare
Ascom (Sweden) AB said:
"This contract is an important step in our solutions development program for
the healthcare market. We believe that establishing this partnership with
Visonic Technologies will enable us to enhance our current product offerings
with advanced positioning RFID technology. Through this approach Ascom will be
better equipped to offer customers comprehensive tools for improving resident
care and for increasing time and cost efficiency as well as quality of
service."
PapalPower
- 20 Mar 2007 10:43
- 19 of 19
http://www.investegate.co.uk/article.aspx?id=20070320070000PB45E
Preliminary Results and Maiden Dividend
Visonic (VSC.L), the international developer and manufacturer of electronic
security systems (alarms) and home management systems, announces Preliminary
Results for the year to 31 December 2006.
Highlights
* Net Profits up 3.3% to $5.2 million (2005: $5.0 million)
* Group Sales up 4.8% to $65.8 million (2005: $62.8 million)
* Visonic's 'core' business sales up 7.7% to $59.9 million (2005: $55.6m)
* Earnings per share up 1.6% to 12.6 cents (2005: 12.4 cents)
* Balance sheet remains strong with good operating cash flow
* Maiden dividend of 0.01 per share recommended
* 'Core' Security and Home Management expanded to encompass Home Health Care
* Strategic investment in Home Healthcare
* 3 new mass market distribution agreements signed in year and further 2 post
year end: ASCOM, Bell Canada, G4S, Prosegur Alarms, Securitas
* Product launches including PowerMaxPro Premium Security & Home Control
Wireless system, Amber Select Home Healthcare System with Bluetooth
interfaces to telemedicine devices.
Visonic's Chairman, Yaacov Kotlicki, commented:
"A satisfactory start has been made in 2007 sales. The Group is increasing
investment in R&D to enhance its international competitive position in
Electronic Security, Home Management systems and Home Health Care markets. The Board remains confident of the Group's prospects and performance for the years ahead, including growth opportunities, particularly in Visonic's core
activities. The Board will recommend at the AGM a payment of a maiden dividend
of 0.01 per share."