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Basler AG
Earnings Release • May 4, 2021
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Earnings Release
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Ad-hoc | 4 May 2021 16:18
Basler AG: Basler AG publishes preliminary figures for the first quarter and increases the annual forecast for financial year 2021
Basler AG / Key word(s): Preliminary Results/Change in Forecast
Basler AG: Basler AG publishes preliminary figures for the first quarter and increases the annual forecast for financial year 2021
04-May-2021 / 16:18 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR of the Regulation (EU) No 596/2014, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
Inside Information according to Article 17 MAR
Preliminary quarterly result / Adjustment Forecast
Basler AG publishes preliminary figures for the first quarter and increases the annual forecast for financial year 2021
Ahrensburg, May 4, 2021 – Today, BASLER AG, a leading manufacturer of computer vision components, publishes its preliminary result for the first quarter of 2021 and adjusts its sales and profit forecast for financial year 2021 upwards.
The Basler group closed the first three months 2021 with very positive results and thus started powerfully the new financial year 2021.
Compared to the first quarter of the previous year, the company achieved an increase in sales by 25 % to € 54.6 million (previous year: € 43.7 million). Incoming orders increased by 27 % to € 67.3 million (previous year: € 52.9 million). The earnings before taxes increased by € 3.6 million to € 9.9 million (previous year: € 6.3 million), compared to the previous year. Thus, the pre-tax return rate of the first three months amounts to 18 %. With an annual surplus of € 7.8 million (previous year: € 4.7 million) the company reports a growth of 66 % compared to the previous year.
Against the background of the first quarter results and persistently strong incoming orders in the month of April, the management increases its forecast for the financial year 2021. The originally expected sales corridor of € 190 million – € 210 million will be increased to € 205 million – € 225 million. As a result of the increased sales the pre-tax return rate is expected to be stronger. The forecast for the pre-tax return rate increases from 12 – 14 % to 13 – 15.5 %.
The broad forecast corridor reflects the strong dynamic on the sales markets and the risks on the procurement markets for semiconductor and electronic components.
The final figures of the first quarter of 2021 as well as more detailed information together with the quarterly report will be published on May 6, 2021 under www.baslerweb.com/reports.
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Basler is a leading international manufacturer of high-quality imaging components for computer vision applications. In addition to classic area scan and line scan cameras, lenses, frame grabbers, light modules, and software, the company offers embedded vision modules and solutions, 3D products, as well as customized products and consulting services. Basler’s products are used in a variety of markets and applications, including factory automation, medical, logistics, retail, and robotics. They are characterized by high reliability, an excellent price/performance ratio, and long-term availability. Founded in 1988, the Basler Group employs around 800 people at its headquarters in Ahrensburg and other locations in Europe, Asia and North America. Thanks to its worldwide sales and service organization and cooperation with renowned partners, it offers solutions that fit for customers from a wide range of sectors
Basler AG, Hardy Mehl (CFO/COO), An der Strusbek 60 – 62, 22926 Ahrensburg, Tel. +49 (0)4102-463101, ir/baslerweb.com, www.baslerweb.com , ISIN DE 0005102008
Contact:
Basler AG
Verena Fehling
Tel. +49 4102 463 101
Email: [email protected]
04-May-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de
| Language: | English |
| Company: | Basler AG |
| An der Strusbek 60-62 | |
| 22926 Ahrensburg | |
| Germany | |
| Phone: | 04102-463 0 |
| Fax: | 04102-463 109 |
| E-mail: | [email protected] |
| Internet: | www.baslerweb.com |
| ISIN: | DE0005102008 |
| WKN: | 510200 |
| Listed: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange |
| EQS News ID: | 1192440 |
| End of Announcement | DGAP News Service |