Basler AG

Earnings Release • Oct 17, 2013

News Details

Ad-hoc | 17 October 2013 11:52

Basler continues dynamic growth – profit forecast increased

Basler AG / Key word(s): Preliminary Results

17.10.2013 11:52

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Preliminary business figures for the first nine months of 2013:
Basler continues dynamic growth - profit forecast increased

• Incoming orders: Euro 51.1 million (previous year: Euro 44.5 million,
  +15%)

• Sales: Euro 49.1 million (previous year: Euro 41.8 million, +17%)

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

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

• New profit forecast: EBT-margin: 11 - 12%

Ahrensburg, October 17th, 2013 - BASLER AG, one of the leading global
manufacturers of cameras for industry and video surveillance applications,
is releasing today preliminary figures for the first nine months of 2013.

The group's incoming orders increased by 15% to Euro 51.1 million (previous
year: Euro 44.5 million). The group's sales revenues amounted to Euro 49.1
million and where thus 17% higher than the previous year's figure of Euro
41.8 million.

In the first nine months of 2013, Basler AG achieved earnings before taxes
(EBT) for the group of Euro 5.9 million which is an increase of 43%
compared to the previous year's figure of Euro 4.2 million. The earnings
before taxes for the group in the first nine months of 2013 are therefore
higher than during the overall fiscal year 2012. The pre-tax return
amounted to 12% (previous year: 10%) and was therefore above the corridor
most recently predicted for the fiscal year of 10 - 11%.

Thus, so far Basler AG performed better than expected in the 2013 fiscal
year. For the fourth quarter 2013, we expect our business to develop as
planned. Thus, we again increase our profit forecast for 2013 and forecast
from now on a pre-tax return margin of 11 - 12% (previously 10 - 11%).

The definitive figures for the first nine months of fiscal year 2013 will
be published on November 11th, 2013.

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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 subsidiaries in the USA,
Singapore, Taiwan, Korea, and Japan.

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

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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 Announcement DGAP News-Service

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