During the corresponding time, Key Technology Inc recorded a revenue increase by 14.29 % year on year, sequentially revenue fell by -22.87 %. While revenue at the Key Technology Inc's corporate clients
Key Technology Inc's Comment on Sales, Marketing and Customers
We market our equipment worldwide both directly and through independent sales
representatives. Sales by independent sales representatives generally account
for between 20% and 30% of our annual consolidated net sales. In the United States,
we operate a sales office in Walla Walla, Washington. Our international sales
offices are: Key Technology B.V. and Visys N.V., which provide sales and service
to European, Middle Eastern, Indian, and African customers; Key Technology Australia
Pty Ltd., which provides sales and service to customers primarily in Australia
and New Zealand; and Productos Key Mexicana S. de R.L. de C.V., which provides
sales and service to customers in Mexico, and Central and South America. We have
Innovation & Solution Centers in the United States in Walla Walla, Washington
and Sacramento, California. Internationally, we have Innovation & Solution
Centers in Beusichem, The Netherlands, Dandenong, Australia and Hasselt, Belgium.
We supply equipment from both of our product groups - automated inspection systems
and process systems - to customers in our primary markets through common sales
and distribution channels. In addition, we supply parts and service through our
worldwide service organization.
Sales of most exports of products manufactured in the United States for shipment
into international markets, other than Europe, have been denominated in U.S.
dollars. Sales of products in Europe are typically denominated in Euros. As
we expand our international operations, transactions denominated in the local
currencies of those countries may increase. In connection with our export and
international sales, we are subject to the risks of conducting business internationally,
including unexpected changes in regulatory requirements; fluctuations in the
value of the U.S. dollar, which could increase or decrease the sales prices
of our products in local currencies in international markets; tariffs and other
barriers and restrictions; and the requirements of complying with a variety
of international laws.
