DGAP-Adhoc: Advanced Vision Technology Ltd.: AVT is updating its projections for 2015 calendar year


Advanced Vision Technology Ltd.  / Key word(s): Change in Forecast

01.07.2015 17:46

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Hod Hasharon, July 1, 2015 - Following the global trends in the first half
of 2015, AVT's results were negatively impacted by the Euro to U.S. Dollar
exchange rate.  As such, AVT is updating its projections for 2015 calendar
year.  The company now estimates revenue for 2015 to be between $53.0 to
$55.0 million and operating income to be between $4.0 to $5.0 million. This
estimate reflects the company's projection for the continued softness in
the Euro and the increasing pricing pressures as the result of it.


Hod Hasharon, July, 1, 2015
Advanced Vision Technology Ltd.
(The Board of Directors) 


01.07.2015 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and www.dgap.de

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Language:     English
Company:      Advanced Vision Technology Ltd.
              Hanagar 6
              45241 Neve Ne'eman, Hod Hasharon
              Israel
Phone:        +972 9 761-4444
Fax:          +972 9 761-4555
E-mail:       IR@avt-inc.com
Internet:     www.avt-inc.com
ISIN:         IL0010837248
WKN:          931340
Listed:       Regulated Market in Frankfurt (Prime Standard); Regulated
              Unofficial Market in Berlin, Dusseldorf, Hamburg, Hanover,
              Munich, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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