IndigoVision shows first quarter results increase

IndigoVision continues to invest in technology and will announce the launch of a 20 Megapixel camera, the first ultra-high resolution camera that delivers the video quality that the security industry demands, providing stunning picture detail and an unparalleled image speed of 120 Megapixels per second.

IndigoVision announced major project wins for city surveillance in Malaysia, Sao Paulo International Airport and the third project for the 2014 FIFA World Cup.

Group revenues for the first quarter were 14% higher than the corresponding period last year. Margins were maintained in line with last year and, as planned, overheads increased following last year's 30% increase in sales and pre sales headcount.

These cost increases notwithstanding, the combination of better sales and solid margins resulted in net operating performance for the first quarter being comfortably ahead of the corresponding period last year.