DGAP-Adhoc: Advanced Vision Technology Ltd.: 2nd Quarter 2011

Advanced Vision Technology Ltd.  / Key word(s): Half Year Results

11.08.2011 08:27

Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EquityStory AG.
The issuer is solely responsible for the content of this announcement.

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AVT: 2nd Quarter 2011
- AVT consistently on growth path
- Total revenues of USD 11.2 million - best result for more than two years:
growth of 14.0% compared to Q2 2010 and 5.9% over Q1 2011
- Order booking of USD 12.0 million (+ 15.6% compared to Q2 2010):
highest quarterly order booking in almost three years
- EBIT of USD 0.7 million in Q2 2011 
- H1 2011 operating income of USD 1.1 million (+ 102.9% over H1 2010)

Hod-Hasharon/Israel, August 11th, 2011 - Advanced Vision Technology Ltd.
(AVT) is consistently on growth path in the first six months of 2011. The
worldwide leader in print process control, quality assurance and color
control for the packaging, labels, folding cartons and commercial print
markets continued its positive trend.

AVT continued to improve its profitability in the first six months of 2011
with an EBIT reaching USD 1.1 million, an increase of 102.9% compared to
the first half of 2010, and an EBIT of USD 0.7 million in Q2 2011.
Net profit for the first six months of 2011 was USD 1.2 million or USD 0.21
per share (diluted) compared with a net loss of USD 0.3 million or USD
-0.05 per share in the respective period of 2010.

Revenues in the second quarter of 2011 were USD 11.2 million, the highest
result in last ten quarters, representing an increase of 14.0% compared
with revenues of USD 9.8 million in Q2 2010 and 5.9% more than USD 10.6
million in Q1 2011. Revenues in the first six months of 2011 were USD 21.7
million, an increase of 10.8% compared with USD 19.6 million in the
respective period of 2010.
The increase in total revenues in the first half of 2011 is attributable
primarily to an increase in sales to the commercial printing market.

Order bookings in Q2 2011 totaled USD 12.0 million, a growth of 15.6 %
compared to Q2 2010 and the highest quarterly order booking in the last
three years, representing a parameter for ongoing growth. H1 2011 order
booking totaled USD 23.8 million, an increase of 16.9% over USD 20.4
million in the first six months of 2010.
Order booking to revenues ratio in the first half of 2011 was 109.7%. 
Europe, Middle East and Africa (EMEA) contributed 46.1% of H1 2011 order
booking, North and South America contributed 41.2% and Asia Pacific added
12.7%. Order back-log as of June 30, 2011 was USD 16.7 million representing
an increase of 42.2% over the balance at June 30, 2010 and up 15.2%
compared to the balance at December 31, 2010.


Nadav Yassour, CFO
AVT Ltd.
Tel.: +972-9-7614444 
Email: nadavy@avt-inc.com

Frank Ostermair
Better Orange IR & HV AG
Tel.: +49-89-8896906-14
Email: frank.ostermair@better-orange.de






11.08.2011 DGAP's 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 5
              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:       Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
              in Berlin, Düsseldorf, Hamburg, Hannover, München, Stuttgart
 
End of Announcement                             DGAP News-Service
 
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