The LUMIBIRD Group Announces Unaudited Consolidated Sales Results for the Fourth Quarter and Full Year of 2019; Revises Revenue Target for the Year 2021
For the year, the company reported revenues of 110.1 million against 100.7 million a year ago.
The company is continuing to work towards achieving its strategic objectives, across its Lidar, Defense /Space and Medical growth markets, building on its significant progress from 2019. The objective of 150 million of turnover through organic growth in 2021 could be postponed by a year given the order plan delays among large Lidar customers.