Visive has delivered a strong financial performance for the year ending May 2019 driven by an increase in export sales.
Visive Managing Director, Patrick Slater, commented “It is rewarding that 53% of our sales for this period came from export sales of our range of LED contour lighting products.”
Last year saw the introduction of the Hi-Brow™ 30 fascia-wash product to the Visive LED tube range. This continues to be supplied to Petrol Sign for use by one of the leading global petroleum brands and is proving very successful, adding to the brands visual impact.
Visive also saw an increase in the sales of their Hi-Lite™ Duo product supplied to DK-LED for service stations in over 20 countries for another of the world’s biggest petroleum brands.
Electronic sales for the year came in above budget and further growth is predicted as the HS2 project progresses, along with other large rail infrastructure projects.
Furthermore, Visive Group Ltd has a majority stake in a joint venture company in China – Visive Group (Guangzhou) Lighting Co. Ltd and is forecasting sales to increase in the new financial year. Visive is keen to take advantage of the opportunities for its LED contour products in China, the Asia Pacific Region, Australasia and the Indian Subcontinent.
Visive is a leading designer and manufacturer of LED contour tubing and has been delivering innovative lighting solutions & electronic monitoring software to an international customer base for over 19-years. The company’s full range of LED contour tubes enhances the visual effects of services stations, hotels, fast food restaurants, shopping malls and leisure complexes across the globe and for many global brands.