Finance

Basler has announced 2020 sales of €170.5m, up on the previous year of €162.0m. Incoming orders were €181.6m compared to 2019's €166.5m

The effects of the pandemic were felt by Stemmer Imaging in the 2020 fiscal year, however, with revenue at €105.2m compared to €120.6m in 2019

Revenue for the company's Industrial Technologies unit was $1.16bn, an increase of 5.9 per cent compared to the prior year, largely because of demand for elevated skin temperature solutions

Cognex's revenue was $811m for the year, a 12 per cent year-on-year increase thanks to higher revenue from consumer electronics and e-commerce

The company increased its forecast from €165m to a sales corridor of €169m to €171m for the current financial year

The firm generated €77.4m so far this year; third quarter revenue was €25.2m, 10 per cent above the previous quarter

Orders taken by the company have weakened over the second and third quarter of 2020, but the expectation is an improvement in Q4

Cognex posted revenue of $251m in Q3 thanks to large customer deployments in the consumer electronics sector, along with a strong performance in logistics

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

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