Leading machine vision systems specialist, ISRA Vision has hinted at further PV equipment acquisitions and a whiff of recovery in equipment enquiries within the PV sector in reporting third quarter financial year results.
Having acquired GP Solar GmbH acquired in May, ISRA Vision said that it was assessing further ‘interesting acquisition targets’ within the PV sector as it positions itself with an increasingly broad product offering to capitalise on the next technology and capacity buy-cycle. An acquisition could occur this year or in 2014, the company said.
The company also noted that it was recording the ‘First signs of a starting recovery’ for the PV industry, with an increase in inquiries for inspection systems, notably in China, Taiwan and Korea. However, the ‘early indicator’ enquires were coming from the upstream solar module glass production sector.
Its Surface Vision segment targets the glass manufacturing sector, which saw revenues increase slightly in the first three quarters to €48.0 million.
Overall, the company still expects full-year revenue to be in the range of €100 million.
