IndigoVision, the Edinburgh-based surveillance camera firm, has announced a boardroom handover as it slashed its annual losses and hailed its US market.
Full year results showed revenue up nine per cent to $46 million from $42.1m last year as its recovery continued and it reported key US market sales growth of 20 per cent.
It has reduced its operating loss to $0.6m compared to $2.8m in 2017, accounts for the year ended December 31 showed.
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Non-executive director Max Thowless-Reeves replaces George Elliott, who has been chairman for around a year, with Mr Elliott remaining as a non-executive director.
Martin Pengelley is also to retire from the board at the firm's AGM, the firm said.
Shares were up 5.5%.
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