Earnings Release • Aug 8, 2013
Earnings Release
Open in ViewerOpens in native device viewer
News Details
Corporate | 8 August 2013 06:45
Basler AG: Basler confirms growth strategy – annual forecast increased
Basler AG / Key word(s): Half Year Results
08.08.2013 / 06:45
Corporate News
Business figures / six-month report
Business figures for the first half-year of 2013:
Basler confirms growth strategy – annual forecast increased
– Incoming orders: EUR 33.3 million (previous year: EUR 28.7 million, +16 %)
– Sales: EUR 32.2 million (previous year: EUR 25.2 million, +28 %)
– EBIT: EUR 4.2 million (previous year: EUR 2.6 million, +62 %)
– EBT: EUR 3.9 million (previous year: EUR 2.2 million, +77 %)
– Pre-tax margin: 12 % (previous year: 9 %)
Ahrensburg, August 08, 2013 – BASLER AG, one of the leading global manufacturers of industrial cameras is presenting today the final figures for the first half-year of 2013.
The group’s incoming orders increased by 16 % to EUR 33.3 million (previous year: EUR 28.7 million). The group’s sales of EUR 32.2 million were 28 % above the previous year’s value of EUR 25.2 million. The gross margin improved by almost 6 percentage points to 50.6 % (previous year: 44.8 %). The group’s earnings before taxes (EBT) rose by 77 % to EUR 3.9 million (previous year: EUR 2.2 million). The pre-tax return amounted to 12 % (previous year: 9 %).
‘The robust incoming orders, the smooth introduction into the market of important new products, and the progress made in sales in markets of great significance to us, give us the confidence to assume that we will succeed in exceeding the previous forecast for 2013, despite an unchanged moderate economic environment’, explains Dietmar Ley (CEO).
Based on the good half-year results, Basler AG increased the forecast for sales and profit for fiscal year 2013 already in mid-July and henceforth expects group’s sales of EUR 63 to 65 million (previously EUR 60 to 63 million) at a pre-tax margin of 10 to 11 % (previously 8 to 10 %).
The complete half-year report for 2013 can be seen on the company’s website (www.baslerweb.com).
___________________________________________________________________________
Basler is a leading developer and manufacturer of high-quality digital cameras for applications in industry, video surveillance, the medical sector, and traffic. Product development is driven by industrial requirements. The cameras offer ease of integration, compact sizes, and an excellent price/performance ratio. Basler has more than 25 years worth of experience in image processing and has been developing and producing high-quality digital cameras for more than 15 years. The company employs approximately 350 employees at its headquarters in Ahrensburg and in offices in the USA, Singapore, Taiwan, and Korea.
Basler AG, Dr. Dietmar Ley (CEO), An der Strusbek 60 – 62, D-22926 Ahrensburg, Germany, Tel. +49 4102-463100, ir/baslerweb.com, www.baslerweb.com , ISIN DE 0005102008
End of Corporate News
08.08.2013 Dissemination of a Corporate News, transmitted by DGAP – a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
DGAP’s 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: | Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, Düsseldorf, Hamburg, München, Stuttgart |
| End of News | DGAP News-Service |
| - - - |
| 224796 08.08.2013 |
Building tools?
Free accounts include 100 API calls/year for testing.
Have a question? We'll get back to you promptly.