Vislink Posts Bullish Financials

28 Mar

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Vislink plc, a global technology business specializing in solutions for the collection and delivery of high quality video and associated data for the broadcast and surveillance markets, announced revenue for the year ended 31 December 2011 up 4% and orders up 12%.

John Hawkins, Executive Chairman of Vislink said:
“2011 was a year of transition for the Group. We achieved the objective of returning the business to
profit in the second half of the year; we have growth in underlying revenue and orders received and
we have increased our order book.  We have improved our margins,  substantially reduced the
underlying cost base and simplified the management structure.
We have a good strategy based primarily on organic growth coupled with seeking out acquisitions in
cellular and IP-driven technology.  The successful execution  of the strategy will provide long term growth and generate an increase in shareholder value. ”

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