Stemmer Imaging finishes strong fiscal year
Stemmer Imaging has finished the 2009/10 financial year with overall sales of euro 35.7 million, which meets its target.
Stemmer Imaging (Puchheim, Germany) has finished the 2009/10 financial year on June 30, 2010, with overall sales of euro 35.7 million. This meets the target set for the financial year.
The 2009/10 financial year has seen difficult conditions because of the international economic crises, so the company says it is extremely pleasing that was able to come through this period without any consequences for personnel such as reduced working hours or redundancies. By keeping the full workforce of more than 130 employees and therefore guaranteeing no loss of expertise, the company is well set for the emerging recovery in international markets.
Stemmer Imaging works with subsidiaries in Germany, United Kingdom, France, and Switzerland. The German headquarters was able to achieve sales of euro 21.3 million and thus exceeded its target. With that result, the company´s percentage growth was better than the German market average. Far above the average was the French subsidiary, Stemmer Imaging S.A.S., which reached sales of euro 5.9 million, an increase of 16.8% compared to the year before.
"I´m extremely delighted that Stemmer Imaging was able to finish the difficult financial year without any loss of personnel," comments Managing Director Christof Zollitsch. “The business progress, especially since the beginning of 2010, gives me a very optimistic view of the future where we will continue to put as much effort as possible into our goal: To help our customers in the best possible way to solve their imaging tasksl."
For more information, visit Stemmber Imaging.
Posted by Vision Systems Design