Confidence Returns to the Market as Trading Conditions become Robust & Funds Liquid

Even the pessimists are now convinced that the light at the end of the tunnel is not a train, and there are real signs the recovery in our industry is back on track. The two factors that confirm it for us are the real statistics of financial reports delivered over the last four months together with increased activity in Acquisitions, Alliances and Funding that we report on each month. This month again, witnesses the same trend that we have noted over the last four with the specialist companies Axis, Techwell, Flir and L-3 Communications delivering growth in sales and profit and showing better than expected results in the last quarter. In particular Axis has delivered a strong performance and has confirmed that growth is strong in the IP Video business across all markets with Asia leading the way and profitability has increased almost in parallel with revenues. They are the leaders in this market with […]

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