IDS sees €25.9 million turnover for 2011

Share this on social media:

IDS has posted sales of €25.9 million in 2011, a growth of 26 per cent compared to 2010. The subsidiaries in the US, France and Japan also reported a substantial increase in turnover. The sales in Japan almost doubled, whereas the US and France reported an increase of 21 and 24 per cent respectively, compared to previous year’s turnover. In total, 68,000 cameras were produced over the course of 2011.

CEO Torsten Wiesinger commented: ‘We expect further growth in 2012, particularly, as we will further our competitive edge in industrial cameras with USB 3.0 interface. Our extensive sensor portfolio will be expanded with new high performance sensors from manufacturers like e2v and Cmosis to complement the new high speed interface.’

Jürgen Hartmann, CEO and founder of IDS added: ‘To achieve further growth we need a strong base of well qualified staff. We have expanded our cooperation with several universities to ensure that IDS will continue to be employer of choice for young people. Additionally we also partnered with Baden-Württemberg state university, offering one fully funded stipend for students in business administration every winter semester.’

The total number of employees reached 107 at the end of December 2011, a significant increase of almost 20 per cent compared to 2010.

Recent News

14 September 2020

Messe Stuttgart has set a date of 5 to 7 October 2021 for the Vision show, which was cancelled because of the coronavirus pandemic. The show will be held in parallel with Motek

03 September 2020

Terahertz imaging company, Tihive, has been awarded €8.6m from the European Innovation Council's Accelerator programme to scale up its industrial inspection technology

01 September 2020

The robotics market in North America is down 18 per cent so far compared to the same period last year

13 August 2020

The company said that shifts in demand, particularly in the areas of sports and entertainment, infrastructure and automotive, had a negative impact