2018 Results

Along with retro fitting, one of the drivers of this stock must be new construction of non-residential buildings. I'm thinking that new office buildings and factories, stadiums, train stations etc when being built all would prefer to adopt the newest, simplest and best technology for the future. As such Dante I being like a virus...once its infected the newly constructed building it begins to spread throughout the various networks, for example new train station leads the way for already and established train stations. I think this is the key to thinking to AD8's sales trajectory ..........sales via a viral effect..

Therefore after looking through the accounts of 2014, 2015, 2016 and finally 2017 I was pleased to find the addition one single sentence in the 2017 accounts which relates to the geographic spread of sales. Prior to this sentence this section was almost meaningless. The sentence as it stands is a little gift to an AD8 accumulator such as myself as it reassures me on two fronts .

First is the that AD8 global foot print is truly global and evenly spread. In turn the reassurance that if one part of the world has non-residential building construction slowdown, then another area is there to potentially pick up the slack.
2016 2017


A summary of this information appears in the latest investor presentation showing the geographic spread of sales; having said that the addition of this new information in the annual reports does give an indication as to the CFO's willingness to be transparent which is always appreciated, hence my second reassurance.

For a discussion on the global AV Global growth market follow the to
https://www.commercialintegrator.com/av/global-summary-av-market-growth-2022/

More information is available at AVIXA Industry Outlook and Trends Analysis
https://www.avixa.org/insight/marketintel/IOTA