IP Products

Avigilon in 2012

by Mark Rowe

The Canadian high-definition (HD) CCTV company Avigilon announced its financial results for the three and 12 months ended December 2012.

Alexander Fernandes, president and chief executive officer at Avigilon, said: “We are very pleased with our 2012 performance. We delivered substantial top line improvements and nearly doubled both EBITDA and net income, while also strategically investing in the business to support our ongoing growth plans. There are significant growth opportunities in the worldwide surveillance market. As such, we remain highly focused on further expanding our global sales team, continuing to deliver innovative products and investing in marketing to build more brand awareness.”

Avigilon reported 2012 annual revenue of $100.3 million (Canadian dollars), an increase of 67pc, or $40.3 million, compared with revenue of $60m for 2011.

UK projects have included Telford College, pictured.

For more visit the Avigilon website.

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