Stemmer Imaging AG (DE:S9I) presents an opportunity to benefit from rising demand for machine vision components. This is driven by a shift in the industrial landscape to a highly automated world where machines communicate with each other using imaging information as key decision-making data. This shift is not restricted to any one industry, but is being widely adopted as a way of achieving better quality control and higher efficiency rates.
Helping customers execute imaging projects
As one of Europe’s largest independent providers of machine vision technology, SI has the scale to maintain relationships with more than 200 suppliers, as well as to develop its own software and hardware. The scale supports a highly technical offer: advising on component selection, providing feasibility studies for customers and tailoring machine vision systems to meet specific customer requirements. All of this drives margin and aids customer retention. SI’s scale has also enabled it to act as a consolidator in the market, most recently purchasing its largest competitor in the Netherlands, in effect creating a virtuous circle. Since SI’s mode of operation requires relatively low investment in assets, it can deliver high levels of return: 33.8% ROCE in FY17.
To read the entire report Please click on the pdf File Below: