Basler AG

Earnings Release • Nov 11, 2013

News Details

Corporate | 11 November 2013 06:28

Basler AG: Business figures for the first nine months of 2013: Basler continues on course for success – profit forecast increased

Basler AG / Key word(s): Quarter Results

11.11.2013 / 06:28

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Corporate News

Business Figures/Nine Months Report

Business figures for the first nine months of 2013: Basler continues on course for success – profit forecast increased

– Incoming orders: EUR 51.1 million (previous year: EUR 44.5 million, +15 %)

– Sales: EUR 49.1 million (previous year: EUR 41.8 million, +17 %)

– Earnings before interest and taxes (EBIT): EUR 6.5 million (previous year: EUR 5.0 million, +31 %)

– Pre-tax earnings: EUR 5.9 million (previous year: EUR 4.2 million, +43 %)

– Pre-tax return: 12 % (previous year: 10 %)

Ahrensburg, November 11, 2013 – BASLER AG, one of the leading global manufacturers of industrial cameras, is presenting today final figures for the first nine months of 2013.

Incoming orders for the group amounted to EUR 51.1 million in the first nine months of 2013 (previous year: EUR 44.5 million, +15 %). The group’s sales revenues amounted to EUR 49.1 million and were thus 17 % higher than the previous year’s figure of EUR 41.8 million. The gross profit margin increased by almost 4 percentage points to 49.3 % (previous year: 45.7 %). Earnings before taxes (EBT) for the group increased by 43 % to EUR 5.9 million (previous year: EUR 4.2 million). The pre-tax return amounted to 12 % (previous year: 10 %).

‘Given continuing restrained macroeconomic conditions, the incoming order rate, promising market launch of important new products, and our strong sales positioning give us great confidence for the future’, explains Dietmar Ley (CEO).

Due to these positive results, Basler increased its profit forecast for the financial year 2013 in mid-October and will henceforth assume a pre-tax return of 11 – 12 % (previously 10 – 11 %). The sales forecast of EUR 63 – 65 million remains unchanged.

The complete nine-month report for 2013 can be accessed on the company’s web site (www.baslerweb.com).

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Basler is a leading developer and manufacturer of high grade digital cameras for applications in industry, video surveillance, medicine, and traffic. Product development is driven by industry requirements. The cameras provide easy integration, compact sizes, and an outstanding price/performance ratio. Basler has more than 25 years of experience in image processing and has been developing and producing high grade digital cameras for 15 years. The company employs approximately 350 employees in its headquarters in Ahrensburg, Germany, and in the subsidiaries in the USA, Singapore, Taiwan, and Korea.

Basler AG, Dr. Dietmar Ley (CEO), An der Strusbek 60 – 62, D-22926 Ahrensburg, Tel. +49 – 4102- 463 100, ir/baslerweb.com, www.baslerweb.com , ISIN DE 0005102008

End of Corporate News

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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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