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Orders up at comms group Vislink
Secure communications specialist Vislink has posted its interim results for the six months ended 30 June, showing that underlying orders received in the period grew 19 per cent to £23.7m. Vislink said that it was cautiously optimistic that the second half of 2011 will show a further strong improvement in trading. However underlying revenue was six per cent lower than last year at £19.1m. Total underlying costs fell by 19 per cent to £12m. In June Vislink acquired Essex based wireless camera manufacturer Gigawave in a deal worth £3.75m.