With yet another record-setting result, the company is on track to meet their goal of doubling turnover each year from 2014 to 2017.

CEO Enrico Krog Iversen was pleased that they were able to sustain the high, profitable growth in 2014. "The first quarter of 2015 is also off to a great start, promising another year of strong growth. This year, we focus on creating volume in the sales of our new small table-top robot UR3, which was received with overwhelming interest by industry at our launches at trade shows in Shanghai and Chicago in March, and this week at the Hannover Fair."

The company’s management maintains its strategic plan of targeting one billion Danish crowns (US$153 million) in revenue in the 2017 financial statements. This will be achieved by investing in the development of new products as well as the marketing and sales of these.

Their growth is also supported by a stronger regional presence. To expand their current global reach, a number of regional offices will open this year, including the Mid-West and West Coast regions of the US, in South America, as well as in several European locations, ensuring that sales and technical support would always be made available in the same time zone.

"We hired 50 new employees during 2014. In 2015, we expect to add an additional 50 new colleagues, divided between the head office in Odense and our regional offices," said Mr Iversen.