Basler AG

Earnings Release • Nov 6, 2014

News Details

Corporate | 6 November 2014 07:06

Basler reports business figures for the first nine months of 2014: sales and profit continue to grow

Basler AG / Key word(s): 9-month figures/9-month figures

06.11.2014 / 07:06

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Corporate News

Business figures / nine-month report

Basler reports business figures for the first nine months of 2014: sales and profit continue to grow

– Incoming orders: EUR 61.0 million (previous year: EUR 51.1 million, +19 %)

– Sales: EUR 60.7 million (previous year: EUR 49.1 million, +24 %)

– EBIT: EUR 11.0 million (previous year: EUR 6.5 million, +69 %)

– EBT: EUR 9.8 million (previous year: EUR 5.9 million, +66 %)

– EBT margin: 16 % (previous year: 12 %)

Ahrensburg, November 6, 2014 – BASLER AG, one of the leading global manufacturers of industrial cameras is presenting today its final figures for the first nine months of 2014.

The group’s incoming orders increased by 19 % to EUR 61.0 million (previous year: EUR 51.1 million). The group’s sales of EUR 60.7 million were 24 % above the previous year’s value of EUR 49.1 million. The gross margin improved by almost 2 percentage points to 51.2 % (previous year: 49.3 %). The group’s earnings before taxes (EBT) rose by 66 % to EUR 9.8 million (previous year: EUR 5.9 million). The pre-tax return margin amounted to 16 % (previous year: 12 %).

“Similar to the first six months of the fiscal year 2014, the third quarter of 2014 went better for Basler AG than originally planned. The necessary steps in order to implement the planned growth were largely made. Strong business in Asia led to a bigger sales growth than expected at the beginning of the year. Due to the growth rates above reported market levels we assume to have gained additional market shares”, explains Hardy Mehl, CFO.

Based on the positive monthly results in the course of the third quarter, Basler AG increased the forecast for sales and profit for fiscal year 2014 already in mid-October and henceforth expects group’s sales of EUR 77 to EUR 79 million (previously EUR 73 to EUR 76 million) at a pre-tax return margin of 13 to 14 % (previously 12 to 14 %).

The complete nine-month report for 2014 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 video surveillance 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. Founded in 1988, Basler has more than 25 years of experience in vision technologies. The company employs over 400 people at its headquarters in Ahrensburg, Germany, as well as in international subsidiaries and offices in the U.S., Singapore, Taiwan, Japan, and Korea.

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

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Language:	English
Company:	Basler AG
	An der Strusbek 60-62
	22926 Ahrensburg
	Germany
Phone:	04102-463 0
Fax:	04102-463 109
E-mail:	ir@baslerweb.com
Internet:	www.baslerweb.com
ISIN:	DE0005102008
WKN:	510200
Listed:	Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart

End of News	DGAP News-Service

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