STEMMER IMAGING substantiates its growth strategy as leader in artificial vision
DGAP-News: STEMMER IMAGING AG / Key word(s): Conference
Puchheim, 24 October 2019
"STEMMER IMAGING's position as industry leader in industrial machine vision in all European markets is an excellent base to capture future and accelerated growth. We are ready to make the next step in our strategy by focusing additionally to our industrial business on the high growth potential of non-industrial vision applications. We claim a leader position in artificial vision by strengthening our portfolio with our own innovative software and vision sub-systems," said Arne Dehn, Chief Executive Officer of STEMMER IMAGING.
STEMMER IMAGING has shown a successful execution of its growth strategy after its IPO in February 2018 and the uplisting in May 2019 to the Prime Standard. The proven value-added business model as a technical advisor with a scalable platform to efficiently provide value-added services has expanded its coverage all over Europe with the potential for further internationalisation. The Group has further set the groundwork to leverage high potential emerging technologies such as Hyperspectral and Robotized Bin Picking sub-systems.
After today's announcement of expansion into artificial vision and the further described roadmap for increased value-added offerings based on its own innovative Software and Vision sub-systems, STEMMER IMAGING announces for the first time its mid-term financial guidance. Based on today's strategic statements, the Company should grow to a turnover level of over EUR 200 million with an EBITDA return on sales ratio of 10 to 12%.
This growth target is substantially over the current mid-term market growth projections of 7% p.a. Based on the strong position as a trusted advisor in industrial machine vision applications, STEMMER IMAGING has recently shown above-market performance, merited from its broad regional and expanding business in non-industrial applications. With this, the Company is setting the pace to take a leading position in artificial vision, applying the technology from industrial automation for quality control and process automation to the highly attractive segment of smart data and digitalization to enable customers with digital business models.
In times of market consolidation along the value chain especially in the area of hardware manufacturers and system integrators, STEMMER IMAGING sets out to leverage its unique industry positioning as a trusted advisor with an increased value-added portfolio to enable customers to adopt the vision technology beyond industrial automation. The early positioning in applications such as Sport & Entertainment, Food & Agriculture and also Medical & Pharmaceutical will be an increasing revenue source for the Company, generating accelerated growth with ,Ready to sell' innovations and scalable value-added offerings with its own IP with focus on software and sub-systems.
Based on its proprietary Common Vision Blox Software library with industry-leading image acquisition and specialized image processing capabilities gained from extensive experience in mostly industrial machine vision applications, the Group now expands this know-how to non-industrial applications empowered by the deep and artificial learning tools provided by the library.
Salvador Giro (CEO Infaimon Group), explained as newest member of the management team of the Group, the sub-system of robotized bin picking as a concrete example of a sub-system. In the live demo, the meeting participants experienced the advantages of random bin picking, which is one of the key applications of the INPICKER portfolio, which has already been successfully installed with many prestigious customers. "Our ability to offer a unique feature set of pre-configured hardware with our own software is meeting today's and tomorrow's needs of our customers. The further focus in deep learning will enhance our position while having a strong sales team across the whole STEMMER IMAGING region with accelerate sales further," reports Salvador Giro.
STEMMER IMAGING will align its value-added portfolio and its organisation in such a way that the high requirements of its customers can be met with tailor-made solutions. Overall, STEMMER IMAGING substantiates its growth strategy and claims a leader position with its industry-unique positioning with ambitious mid-term guidance.
The results for the first quarter of the short financial year 2019 (July - September 19) will be published on 13 November 2019.
STEMMER IMAGING is a leading international machine vision technology provider. With staff located across Europe, Latin America and Asia, we provide state-of-the-art machine vision solutions, extensive knowledge and outstanding customer service.
Our customers value us as a trusted advisor, positioned to deliver tailored solutions. These include components that we can pre-configure, sub-systems designed to reduce time and effort when integrating vertical applications, and customer-specific solutions delivering a competitive advantage to predominantly OEMs - all powered by our renowned knowledge and leading software tools including our own "Common Vision Blox".
VISION.RIGHT.NOW. symbolises our mission to make machine vision easy and accessible, empowering customers to deliver world-class solutions.
STEMMER IMAGING is listed on the Deutsche Boerse Prime Standard (ISIN: DE000A2G9MZ9 / GSIN: A2G9MZ).
|Company:||STEMMER IMAGING AG|
|Phone:||+49 (0)89 - 809020|
|Listed:||Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange|
|EQS News ID:||896467|
|End of News||DGAP News Service|