August 12, 2015 / 6:43 AM / in 2 years

BRIEF-AVT reports H1 net income down at $1.5 million

Aug 12 (Reuters) - Advanced Vision Technology Avt Ltd :

* Revenues in first half of 2015 totaled $26.1 million, compared with revenues of $27.1 million in first half of 2014

* H1 net income totaled $1.5 million, compared with $2.3 million in first half of 2014

* H1 operating income totaled $2.3 million, compared with $3.1 million in first half of 2014

* Announced strategic alliance with Erhardt + Leimer and acquisition of its inspection assets

* 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 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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