As indicated in April, IndigoVision has experienced a challenging first half which has led to an operating loss; we have reduced our forecasts to reflect the downturn in activity. Management reacted quickly with cost reductions, and H2 profit is expected to exceed the H1 loss thanks to this and a good order pipeline. Management is aiming to reduce lumpiness but this will take time and big projects remain a key element which, dependent upon timing, could yet drive a better result in H2 than is cu ....
17 Sep 2015
Challenging H1; H2 improvement expected
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Challenging H1; H2 improvement expected
As indicated in April, IndigoVision has experienced a challenging first half which has led to an operating loss; we have reduced our forecasts to reflect the downturn in activity. Management reacted quickly with cost reductions, and H2 profit is expected to exceed the H1 loss thanks to this and a good order pipeline. Management is aiming to reduce lumpiness but this will take time and big projects remain a key element which, dependent upon timing, could yet drive a better result in H2 than is cu ....