UK manufacturer Quadnectics, parent company of video surveillance supplier Synectics, reported continued decline in sales for the 2nd Half of 2010.
In their Interim Results for 2nd half 2009 (calendar year), Quadnectics discloses the following key data points:
- Security Systems Service division revenue fell from 22.8 GBP to 17.4 GBP from 2H 2008 to 2H 2009 (23.6% revenue decline). Despite the sharp fall, Quadnectics projects an uptick in orders in the upcoming period.
- Synectics Network video surveillance revenue fell from 5.8 GBP to 4.9 GBP from 2H 2008 to 2H 2009 (15.5% revenue decline). North American casinos project delays are cited as a key factor.
Related Reports on Sales
Security Sales Course January 2019
on Jul 31, 2018
The next IPVM Security Sales Course will be held in January 2019. Register now and save $50.
This sales course is customized for the needs and...
Dahua Overseas Head Is Out
on Jul 27, 2018
The long-time head of Dahua's overseas (i.e., International) business, VP and GM Michael Chen, has been quietly removed, amidst struggling...
Uniview Super Low Cost 4MP Tested
on Jul 25, 2018
Even lower cost than Dahua and Hikvision, China's self-proclaimed 3rd place company, Uniview / UNV, is offering aggressive pricing including for...
Most Recent Industry Reports
Chinese OEM Avycon Gets ADI Push
on Aug 15, 2018
Who is Avycon?
An American company? A Korean company? A couple of guys relabelling Chinese products? The latter is the best explanation.
Backboxes for Video Surveillance Tutorial
on Aug 15, 2018
Backboxes are a necessity in surveillance, whether for managing cable whips, recessing cameras, adding wireless radios. But it can be confusing to...
ADT Employees Protest ADT CEO
on Aug 10, 2018
So many ADT employees were so upset with ADT's CEO speech reported on by IPVM, that ADT's CEO was forced to send a mass email to employees to...
Axis / Avigilon Legal Battle Rises
on Aug 09, 2018
In what is shaping up to be high-powered, will-not-back-down battle, Axis and Avigilon are squaring off in multiple legal contests.
In 2017, IPVM...