Swissray announces FY04 results

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Digital radiography provider Swissray International capped FY04 with a 73 percent jump in revenues compared with FY03, and order backlog increased 3.7 times during the same period.

"The shift to direct sales in the United States is now paying dividends with surging orders in the last six months of this past fiscal year," said Ueli Laupper, VP of worldwide sales and marketing.

Swissray said it expects continued growth in FY05 with increasing revenues, steady manufacturing demand secured by a large and growing order backlog, well established sales force, large installed base and a healthy growing DR market.