Finance

Flir Systems has reported revenue of $464.7 million and net earnings of $63.5 million for the third quarter of 2017, up 15 per cent and eight per cent respectively compared to the same period last year

Large orders in the consumer electronics industry and strong performance in the automotive and logistics sectors have led to machine vision firm Cognex experiencing record results in the third quarter of 2017

The German engineering association, VDMA, has raised its 2017 forecast from 10 to 18 per cent growth in machine vision turnover in Germany, corresponding to €2.6 billion

The North American machine vision market has shown record performance in the first half of 2017, demonstrating sales totalling $1.241 billion, an increase of 11 per cent

Hyperspectral imaging firm Specim has received €3.5 million of investment from Bocap SME Achievers Fund II Ky

Basler has seen a 62 per cent increase in sales and a 100 per cent increase in incoming orders for the first half of 2017. Sales amounted to €78.5 million, while the group's incoming orders were €100.4 million

Cognex continues its growth trajectory with a 17 per cent increase in revenue year-on-year for the second quarter of 2017

Flir Systems has posted revenue of $434.1 million for the second quarter of 2017, up 8 per cent over the second quarter of 2016

The infrared camera market is predicted to reach $6.8 billion by 2023, according to new research by Global Market Insights

Wilhelm Stemmer has sold 75.04 per cent of shares in Stemmer Imaging to Munich-based AL-KO, a supplier of automotive technology, gardening implements and air conditioning equipment