HANOVER, GERMANY – Viscom reported record revenues of €39.9 million (US$47.6 million) for the first half of 2017, up 27.8% year-over-year.
With approximately 52% of revenues, Europe was the strongest region, and for the first time, the firm’s export business represented two-thirds of Viscom’s revenues.
Viscom experienced above-average growth in the US, with a revenue increase of approximately 68%. Asia had a record revenue increase of 83.5% compared to the same period last year.
"Our production is at a very high level, and Viscom is working on innovative products for different areas,” said Volker Pape, Viscom executive board. “We are investing in sustainable growth and reinforcing our sales and service worldwide, as well as our core team at headquarters in Hanover, in order to continue meeting the worldwide demand with the highest quality and future-proof solutions.”
Viscom expects total revenues of €87 to 92 million for 2017.
Ed.: €1 = US$1.19