Stemmer Imaging yearly sales rise 11%
AUGUST 20--The 2002--2003 financial year for Stemmer Imaging GmbH (Puchheim, Germany; www.stemmer-imaging.de), which ended on 30 June 2003, was successful despite the global economic downturn.
AUGUST 20--The 2002--2003 financial year for Stemmer Imaging GmbH (Puchheim, Germany; www.stemmer-imaging.de), which ended on 30 June 2003, was successful despite the global economic downturn. Sales figures for the image-processing distribution house rose by 11.2%, from 15.5 to 17.3 million euros. Commenting on the company's 30th year of business, chief executive officer Wilhelm Stemmer summed up the past year, "The 17.3 million euro overall sales figures coupled with good profits are a positive sign. An increase of around 11% compared to the previous year has allowed us to further extend our lead in the market for supplying image-processing components in Germany."
Sales in cameras rose by 20.9%. Developments in the illumination sector were beneficial. The partnership with Japanese manufacturer CCS, which was launched in spring of 2002, played an important role in the increase of 62.2% in this sector.
Stemmer identified the focus on the component business for industrial image processing as the most important factor for company success. "Our 'one-stop-shopping' concept offers everything needed for image processing from a single supplier and is accompanied by a clear product and marketing strategy. This is complemented by our experienced staff, which we have continued to expand over the past year and which guarantees technical competence. The continued positive business trends show that our customers value this concept," he adds.