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Financial results for the first part of the year have been released
Financial results for the first part of the year have been released

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Date

22 September 2020

Financial results for the first part of the year have been released

“Our business showed a good level of resilience: the results have exceeded expectations”


On 21st of September, the Board of Directors of Antares Vision approved the consolidated Six-monthly Financial Report as of 30 June 2020.


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“The first half of the year was marked by the COVID-19 health emergency, which affected all sectors, and certainly caused us to slow down, as well. In any case, our business showed a good level of resilience: the results have exceeded expectations and confirmed the solidity of our value proposition and the strength of our vision”.

“The first half of the year was marked by the COVID-19 health emergency, which affected all sectors, and certainly caused us to slow down, as well. In any case, our business showed a good level of resilience: the results have exceeded expectations and confirmed the solidity of our value proposition and the strength of our vision”.

Antares Vision Six-monthly Financial Results

The Value of Production is equal to EUR 63.3 million, essentially in line with the first half of 2019 (EUR 63.0 million). Revenues amount to EUR 58.3 million, also thanks to the contribution of FT System (which turned out to be a successful acquisition that came at the right moment) and are comparable to the EUR 59.2 million of the first half of 2019.

 

“The COVID emergency left its mark on the global economy - Massimo Bonardi, CEO and Technical director of Antares Vision added – and brought to the surface new priorities, such as the health and safety of people; as a consequence, it has ascribed a new role to technology, as a new way of facing and meeting these new needs. Our mission to protect products, people and brands is, therefore, consistent with the need for safety, integrity, transparency, and sustainability. That is why we are ready to face any development with the passion and enthusiasm that are our trademarks, wishing and hoping that gradually we will reach a new normality”.

Click here to read the press release and get more info about Antares Vision consolidated Six-monthly Financial Report.

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