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Indigovision - Order intake is strong

April 2014

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • IND
  • Price:
  • 428p
Indigovision has finally got itself back on the straight and narrow with sales for the first six months to end January up 14% to £18.4m. Operating profit was up 33% to £1.23m and earnings were 51% ahead at 15.9p on a subnormal 6% tax rate thanks to tax losses and R&D related benefits. Some impressive projects have been shipped during the period,  including Brazil World Cup related projects, Sao Paulo International Airport and Malaysian city surveillance.Geographically all areas did well. EMEA and the US have recovered sharply (both +23%) after several years of little or no growth. Growth in Asia Pacific (+23%) and Latin America (+13%) continued the recent trend. The product mix was also different. Camera unit vol ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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