Earnings Release • May 2, 2016
Earnings Release
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Corporate | 2 May 2016 06:43
Basler AG: Business figures for the first three months of 2016 – Basler lays solid foundation for 2016
DGAP-News: Basler AG / Key word(s): Quarterly / Interim Statement
2016-05-02 / 06:43
The issuer is solely responsible for the content of this announcement.
– Incoming orders: Euro 23.5 million (previous year: Euro 21.0 million, +12 %)
– Sales: Euro 22.4 million (previous year: Euro 22.3 million)
– EBIT: Euro 2.4 million (previous year: Euro 3.2 million, -25 %)
– Pre-tax result: Euro 2.2 million (previous year: Euro 3.0 million, -27 %)
– Pre-tax return rate 10 % (previous year: 13.5 %)
Ahrensburg, May 02, 2016 – BASLER AG, one of the leading global manufacturers of industrial cameras, is presenting today final figures for the first three months of 2016.
In the first three months of the fiscal year 2016, the group’s incoming orders amounted to Euro 23.5 million (previous year: Euro 21.0 million, +12 %). The group’s sales amounted to Euro 22.4 million, and were on the previous year’s level (Euro 22.3 million). The gross profit margin amounted to 49.1 % (previous year: 48.9 %). The earnings before taxes (EBT) for the group decreased by 27 % to Euro 2.2 million (previous year: Euro 3.0 million). The pre-tax return rate amounted to 10 % (previous year: 13.5 %).
“The company started into the new fiscal year with a solid sales level and a solid result margin. The incoming orders reached a new record value. With this tailwind we are confident about the second quarter 2016”, said Hardy Mehl, Chief Financial Officer.
For 2016, the company continues to plan within a sales corridor of Euro 90 – 92 million at an EBT margin between 9 – 10 %.
The full three-month report 2016 can be seen on the company’s website (www.baslerweb.com).
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Basler is a leading global manufacturer of digital cameras for industrial and retail applications, medical devices, and traffic systems. Product designs are driven by industry requirements and offer easy integration, compact size, excellent image quality, and a very strong price/performance ratio. Basler has more than 25 years of experience in vision technologies. The company employs 500 people at its headquarters in Ahrensburg, Germany, as well as in international subsidiaries and offices in Europe, Asia, and the Americas.
Basler AG, Hardy Mehl (CFO/COO), An der Strusbek 60 – 62, 22926 Ahrensburg, Tel. +49 (0)4102-463100, ir/baslerweb.com, www.baslerweb.com , ISIN DE 0005102008
2016-05-02 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and 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 |
| End of News | DGAP News Service |
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