News blog

IndigoVision Group

  • BY: Andrew Hore |
  • POSTED: 25/11/2011 |

Shares in IP video security systems supplier IndigoVision Group jumped by more than one-third to 265p following its positive trading statement.

Trading has been strong in the first four months of the financial year and gross margins have recovered by three percentage points. IndigoVision is highly operationally geared and a reduction in overheads has helped the company to achieve a record profit for this part of the year.

However, the order book does not provide much visibility but the improvement is expected to continue. 

Edinburgh-based IndigoVision is valued at £20m.

Download the latest AIM Journal from http://www.hubinvest.com/AIMPDFNovember2011_26.pdf

© 2024 Aim Micro. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

Browse by issue
All issues
Popular tags
All tags

betbrokers, financial, gold, health, leisure, media, mobile, resources, services, technology

AIM Micro feeds

Keep up to date with articles published at AIMMicro.com. Subscribe to AIM Micro RSS Feeds