Isra Vision AG. Reports Earnings Results for the First Half Year of Fiscal 2016; Provides Financial Guidance for the Second Half of Fiscal 2016
The company provided financial guidance for the second half of fiscal 2016. Management assumes that the current economic framework conditions will continue unchanged and expects further profitable revenue growth in the lower double-digit percentage range as in previous years. In terms of profit, the planning anticipates a further increase of the margins, while at least maintaining the current high level. ISRA's strategy continues to be directed to grow diversified across industries and regions - while at the same time optimizing cash flow and profitability to the medium-term revenue goal of 150 million.