Hologram Industry News

Hologram. Industries has continued its European expansion with growth of 18% in the first nine months of 2009 that included gains of 39% in Western Europe.
2009 2008
nine months nine months
€ millions % € millions %
Western Europe 7.5 36% 5.4 28%
Eastern Europe 5.6 27% 5.7 29%
Rest of the world 7.8 37% 8.2 43%
Of which - Asia Pacific 4.2 20% 5.1 27%
Of which - The Americas 2.0 10% 2.0 10%
Of which - Africa & Middle East 1.6 7% 1.1 6%

After restating for products invoiced in Europe whose final destination is Asia, the latter region would account for 25% of total revenue.

* 2009 outlook
Visibility for sales remains good with a high rate of repeat business and a satisfactory performance for new business acquisition. On this basis, the Group confirms its targets for profitable growth.

In light of the level of sales at September 30, 2009, the current order book and projects in the process of finalization, Hologram. Industries expects to achieve full-year sales of approximately €29 million for the full year, with the target for the current operating margin maintained at 20%.
Source: http://www.reuters.com