AI Terminal
Basler AG
Interim / Quarterly Report • Aug 8, 2024
45_10-q_2024-08-08_60f62961-31e8-4b8b-850a-30ebd18055d8.pdf
Interim / Quarterly Report
Open in ViewerOpens in native device viewer
6-Month-Report 2024
BASLER ${ }^{7}$
the power of sight
Key Figures
| in $€ \mathrm{~m}^{*}$ | $\begin{gathered} 01 / 01- \ 06 / 30 / 2024 \end{gathered}$ | $\begin{gathered} 01 / 01- \ 06 / 30 / 2023 \end{gathered}$ | Changes to previous year | in $€ \mathrm{~m}^{*}$ | 06/30/2024 | 12/31/2023 | Changes to previous year |
|---|---|---|---|---|---|---|---|
| Sales revenues | 93.0 | 116.1 | $-20 \%$ | Total assets | 245.0 | 255.8 | $-4 \%$ |
| Incoming orders | 92.5 | 94.0 | $-2 \%$ | Long-term assets | 139.9 | 136.7 | $2 \%$ |
| Gross results | 43.2 | 52.0 | $-17 \%$ | Equity | 135.5 | 139.2 | $-3 \%$ |
| Gross profit margin | $46.5 \%$ | $44.8 \%$ | 1.7 Pp. | Borrowed capital | 109.5 | 116.6 | $-6 \%$ |
| Full costs for research and development | 14.4 | 20.4 | $-29 \%$ | Equity ratio | 54.3 \% | 54.4 \% | -0.1 Pp . |
| Research and development ratio | $15.5 \%$ | $17.6 \%$ | $-2.1$ Pp. | Net cash | $-33.0$ | $-29.0$ | $-14 \%$ |
| EBITDA | 7.1 | 10.7 | $-34 \%$ | Working capital | 59.6 | 55.6 | $7 \%$ |
| EBIT | $-1.8$ | 1.0 | $>-100 \%$ | Average number of employees over the year (full time equivalents) | 900 | 1,059 | $-15 \%$ |
| EBT Margin | $-2.3$ | 0.2 | $>-100 \%$ | Share price (XETRA) in $€$ | 10.62 | 11.64 | $-9 \%$ |
| Net income | $-2.5 \%$ | $0.2 \%$ | $-2.7$ Pp. | Number of shares | |||
| Weighted average number of shares | $-3.4$ | $-1.7$ | $-100 \%$ | in circulation | 30,736,812 | 30,736,812 | $0 \%$ |
| Result per share ( $€$ ) | 30,733,242 | 30,017,531 | Market capitalization | 326.4 | 357.8 | $-9 \%$ | |
| Cash flow from operating activities | $-0.11$ | $-0.06$ | |||||
| Cash flow from investing activities | 3.9 | $-1.0$ | $>-100 \%$ | *unless otherwise stated | |||
| Free cash flow | $-6.0$ | $-8.6$ |
Overview of the first six months of 2024:
- Incoming orders: € 92.5 million (previous year: € 94.0 million, -2 \%)
- Sales: € 93.0 million (previous year: € 116.1 million, -20\%)
- EBITDA: € 7.1 million (previous year: € 10.7 million, -34 \%)
- EBT: € -2.3 million (previous year: € 0.2 million $>-100 \%$ )
- Net result: € -3.4 million (previous year: € -1.7 million -100 \%)
- Free cash flow: € -2.1 million (previous year: € -9.6 million, 78 \%)
Dear Shareholders,
Following the restructuring in the second half of last year, we had an intensive first half of 2024 in which we focused more strongly on the future in order to return to a profitable growth path as quickly as possible and to drive forward our transformation into a full-range solutions provider. The team worked with a high level of commitment and gradually settled into the new structures. In the second quarter, we again saw a significant increase in incoming orders, although they are still at a relatively low level. The increase in incoming orders and sales as well as further progress in the gross profit margin resulted in a positive pre-tax result in the second quarter. However, continued market weakness, above average inventory levels at our customers and geopolitical uncertainties prevented us from achieving a profit in the first half despite a significantly reduced cost base. We remain committed to our course of strict cost discipline and are optimistic that market conditions will gradually improve as the year progresses and that we will continue to move towards profitability.
As part of our strategic development, we acquired a $25.1 \%$ stake in Roboception GmbH in Munich. With its innovative hardware and software products, Roboception is a pioneer in the field of intelligent 3D image processing sensors for robotics. We are pleased that this investment will intensify our existing sales cooperation that has been in place since 2021 and are convinced that Roboception's 3D vision solutions will make a decisive contribution to the further development of intelligent robotic systems and expand our product portfolio in an attractive way. In addition, we increased
our stake in Basler France to $100 \%$ as planned after the end of the reporting period, effective August 1, 2024, thus consistently supporting our strategic path towards a more direct market presence in key national markets.
With this compact six-month report we would like to give you a deeper insight into the development of the first half of the year.
Your management board
Business Development
In the first six months of the year, incoming orders amounted to $€ 92.5$ million (previous year: $€ 94.0$ million). Incoming orders grew sequentially for the third quarter in a row and showed a sustained positive trend. Sales decreased by $20 \%$ to $€ 93.0$ million (previous year: $€ 116.1$ million) compared to the same period of the previous year, in which an increased order backlog due to the chip crisis was reduced. The main reason for the low level of incoming orders and sales was the continued weak demand from the equipment industries for consumer electronics, logistics and laboratory automation in Asia and North America. Increased inventories at customers as a result of over-ordering during the chip crisis further dampened the already low demand. High interest rates and geopolitical tensions prevented the business climate in the capital goods markets from brightening towards the end of the reporting period.
The German Engineering Federation (VDMA) reports a nominal decline in sales of $19 \%$ compared to the previous year for German manufacturers of machine vision components as at the end of June 2024. Incoming orders in the industry fell by $7 \%$ in the same period.
Basler's sales development showed a high correlation with the industry in the first half of the year. Incoming orders developed better. This is particularly due to the higher share of Basler's business in the early-cycle regions of Asia and the Americas, which already showed a significant decline in the first half of 2023.
In this weak market environment, the Basler Group performed in line with the forecast, but despite the significant reduction in the cost base and the increase in the gross margin, it fell just short of the pre-tax profit threshold and reported a pre-tax loss of $€ 2.3$ million for the first half of the year.
Product Development \& Product Launches
In the first six months of 2024, development activities were ongoing in many futureoriented projects. The full costs of development services amounted to $€ 14.4$ million in the first half of the year (June 30, 2023: € 20.4 million). Absolute R\&D costs were significantly reduced as part of the restructuring, but at $15 \%$ in the first half were still above the target ratio of around $13 \%$ due to the low level of sales. This is being temporarily accepted in order to best support the transformation to a full-range solutions provider in terms of technology and products.
With the imaFlex CXP-12 Quad, Basler AG expanded its CXP-12 Vision portfolio in the second quarter by a powerful, individually programmable frame grabber. With the help of the graphical FPGA development environment VisualApplets, applicationspecific image processing for high-end applications can be implemented directly on the frame grabber. The Basler boost cameras, trigger boards and cables together with the card form a complete, compatible CXP-12 Vision portfolio.
The ace $2 X$ visSWIR camera family was expanded by four high-resolution models. The models - with a choice of USB 3.0 or GigE interface - are equipped with Sony's latest SenSWIR sensors IMX992 and IMX993 with 5 MP and 3 MP resolution. They complement the existing IMX990 (1.3 MP) and IMX991 (VGA) models. Thanks to firmware features, all SWIR cameras deliver high image quality in the visible and shortwave infrared spectrum from $0.4 \mu \mathrm{~m}$ to $1.7 \mu \mathrm{~m}$. With a $29 \mathrm{~mm} \times 29 \mathrm{~mm}$ size, they are compact and cost-effective, making them suitable for applications where conventional SWIR cameras are too large or too expensive. Typical applications for this technology include the food and semiconductor industries.
The 3D imaging processing product line was also expanded and supplemented by the industrial-grade Basler stereo visard camera series. Robots equipped with Basler stereo cameras can perceive their environment in high resolution. The five model variants are available with basic distances of 65 millimeters and 160 millimeters, in both monochrome and color. All cameras come with a pre-installed, modular onboard software package that is suitable for typical robotics applications such as object recognition or „reach into the box".
Outlook
The restructuring program was largely completed by the end of 2023 and the breakeven point was lowered to below $€ 200$ million. These cost reduction measures and the increase in gross profit were already clearly noticeable in the first half of the year. Despite these initial positive trends, the market environment must still be described as weak. As a result, incoming orders and sales were still slightly below break-even in the first half of the year. The management board now expects a noticeable recovery in demand for capital goods to start later than anticipated at the beginning of the year. Therefore, management confirms its forecast, but narrows the forecast corridor to the lower half. Whereas sales of between $€ 190$ - 210 million and a pre-tax margin of 0 - 5\% were previously assumed, sales of between $€ 190$ - 200 million and a pretax margin of between $0-3 \%$ are now expected.
Interim Management Report including essential Supplementary Disclosures of the Consolidated Annual Financial Statement of December 31, 2023 according to IFRS
Report on profit, finance, and asset situation
Sales and incoming orders, costs of service provision
Sales decreased by $20 \%$ to $€ 93.0$ million compared to the same period of the previous year ( $€ 116.1$ million). Incoming orders decreased to $€ 92.5$ million (previous year: $€ 94.0$ million), a decrease of $2 \%$ compared to the previous year. Although at a low level, the ratio of incoming orders to sales was balanced during the reporting period. Both sales and incoming orders increased again compared to the previous quarter. Incoming orders increased by $10 \%$ to $€ 48.5$ million compared to the previous quarter, while sales increased by $14 \%$ to $€ 49.5$ million.
Sales and Incoming Orders
For the last six quarters (in € million)
Revenue Order entry
- order entry in 2023 excluding cancellations of orders placed in previous years; no significant amount of cancellations in 2024
Sales split by Regions
Compared to the first half of last year, the regional distribution of sales has shifted slightly towards Asia - Europe $35 \%$ (previous year: $38 \%$ ), America $16 \%$ (previous year: $16 \%$ ) and Asia $49 \%$ (previous year: $46 \%$ ).
*as of June 30, 2024
Gross Profit and Gross Margin
At $46.5 \%$, the gross profit margin for the first six months of 2024 was slightly above the previous year's level, but well above the level of the second half of 2023. In the second quarter, the gross profit margin increased again to $48.1 \%$. The measures taken in recent quarters to increase the gross profit margin showed a clear impact in the past two quarters. However, increased material costs due to the chip crisis, weak currencies in China and Japan and low capacity utilization in production continued to have a temporary negative impact on the gross profit margin. Price pressure due to intense competition, particularly in the Chinese market, also continued.
Gross Margin in \% Gross Profit Margin in € million
Earnings before Taxes
The increase in sales and gross margin resulted in a positive pre-tax result of $€ 1.3$ million in the second quarter. For the first six months, the pre-tax result was $€-2.3$ million (previous year: $€ 0.2$ million). The after-tax result for the first six months amounted to $€-3.4$ million (previous year: $€-1.7$ million). Earnings per share amounted to $€-0.11$ (previous year: $€-0.06$ ).
Asset Situation
In comparison, noncurrent assets were slightly lower than at December 31, 2023.
Due to weak demand, inventories were only reduced by $€ 0.2$ million in the first six months of the year. Significant reductions in inventories are not expected until later in the financial year, when long-term delivery obligations have fully expired and demand picks up further.
Development of Equity
Due to the result, equity decreased to $€ 135.5$ million in the first half of the year (December 31, 2023: € 139.2 million). The equity ratio was $54.3 \%$ as of June 30, 2024, compared to $54.4 \%$ as of December 31, 2023. The continued high equity ratio provides a solid foundation for financing the upcoming transition year.
Cash Flow and Liquidity
Cash flow from operating activities amounted to $€ 3.9$ million (previous year: $€-1.0$ million) and is primarily characterized by the accumulated loss due to the low level of business activity.
Cash flow from investing activities amounted to $€-6.0$ million (previous year: $€-8.6$ million) and includes the investment in Roboception GmbH. Compared to the previous year, the level was significantly reduced as part of the restructuring program and the ongoing strict cost and investment management.
Cash flow from financing activities amounted to $€-6.4$ million (previous year: $€ 16.2$ million). The main factors influencing this item in the reporting period were the repayment of bank loans and the repayment of finance lease liabilities.
In total, free cash flow amounted to $€-2.1$ million (previous year: $€-9.6$ million). As a result, cash and cash equivalents decreased from $€ 32.2$ million (December 31, 2023) to $€ 23.8$ million. Net debt after deduction of all bank liabilities amounted to $€ 33.0$ million (December 31, 2023: $€ 29.0$ million).
CashFlow
For the last six quarters (in $€$ million)
FCF ■ OCF ■ ICF
Events after the end of the interim reporting period
Employees
At the reporting date of June 30, 2024, the Basler group employed 882 employees (December 31, 2023: 942) on a full-time equivalent basis. Compared to the previous year, the number of employees decreased by 235 full-time equivalents (June 30, 2023: 1,117).
Report on Significant transactions with related parties (entities and individuals)
There have been no material related party transactions since the reporting date of December 31, 2023.
Opportunities and Risks Report
Regarding significant opportunities and risks of the probable development of the Basler Group, we refer to the group management report as of December 31, 2023. In the first half of the year, an analysis was made of the risks that have arisen in the area of order intake and business development. The next Group-wide comprehensive risk inventory will take place in the third quarter of 2024
Notes to the interim statement according to IFRS
The interim statement of Basler was prepared according to the International Financial Reporting Standards (IFRS) as applicable within the European Union (EU), the interpretations of the International Financial Reporting Interpretations Committee (IFRIC), as well as the Standing Interpretations Committee (SIC). The interim statement was
prepared according to the provision of the IAS 34. The interim financial statements as of June 30, 2024 are unaudited and have not been reviewed by an auditor. In principle, the same accounting and valuation methods are applied in the interim financial statements as in the consolidated financial statements as of December 31, 2023.
For significant changes to the consolidated statement of financial position, the consolidated statement of comprehensive income and the consolidated statement of cash flows, please refer to the report on the results of operations, financial position and net assets. The statements on IFRS 9 made in the annual financial statements as of December 31, 2023 have not changed in the first six months of the current financial year. To date, the Basler Group has not been able to identify any changes in the payment behavior of customers that would have led to a different valuation of trade receivables. As of the reporting date, there were no findings that would have led to a revaluation of lease accounting in accordance with IFRS 16.
Basler in the Capital Market
The course of business and the restructuring program, as well as the general mood on the capital markets with regard to small and mid caps, have been clearly reflected in the price of Basler shares in recent quarters. In addition to the resolute management of the restructuring program, the management has again intensified its active exchange with the capital market in recent months through conferences, roadshows and video calls. In the coming quarters, management will continue to report transparently on the market situation and the progress of the transformation to a solution provider.
closing price on June 30, 2024 € 10.62
Shareholder Structure*
| 06/30/2024 Number of shares in pieces |
12/31/2023 Number of shares in pieces |
|
|---|---|---|
| Supervisory Board | ||
| Norbert Basler | 0 | 0 |
| Horst W. Garbrecht | 10,000 | 10,000 |
| Alexander Jürn | 0 | 0 |
| Tanja Schley | 0 | 0 |
| Lennart Schulenburg | 0 | 0 |
| Prof. Dr. Mirja Steinkamp | 12,793 | 12,793 |
| Management Board | ||
| Arndt Bake (until December 31, 2023) | - | 7,311 |
| Dr. Dietmar Ley | 1,145,495 | 1,143,669 |
| Hardy Mehl | 38,388 | 36,683 |
| Alexander Temme | 4,533 | 3,400 |
The share capital of Basler AG amounted to $€ 31.5$ million at the end of the quarter on June 30, 2024 divided into 31.5 million no-par-value bearer shares at $€ 1.0$ each.
Treasury Shares
As of June 30, 2024, the Company still holds 757,000 treasury shares or $2.4 \%$ of the share capital of 31.5 million shares on the basis of the new authorization to acquire and use treasury shares pursuant to Section 71 para. 1 no. 8 German Stock Corporation Act resolved by the Annual General Meeting on May 26, 2023 under agenda item 7 .
As part of the Management Board remuneration for the 2023 financial year, 1,826 treasury shares were transferred to Mr. Dietmar Ley at the end of May 2024, 1,705 shares to Mr. Hardy Mehl and 1,133 shares to Mr. Alexander Temme.
Annual General Meeting 2024
On May 13, 2024, the annual general meeting of Basler AG took place at the Hamburg Chamber of Commerce. The voting result of this year's shareholders' meeting is as follows:
| Agenda items | Shares, for those valid votes were cast | Share of basic capital in \% | Yes | in \% | Absten- tions |
No | in \% | Proposed resolution |
|---|---|---|---|---|---|---|---|---|
| TOP 2 Resolution on the appropriation of net retained profits for the 2023 financial year to carry forward the reported net retained profits as of December 31, 2023 of EUR 45,216,145.77 in full to new account | 24,564,198 | 77.98 | 24,556,982 | 99.97 | 100 | 7,216 | 0.03 | Accepted |
| TOP 3 Resolution on the discharge of the members of the Executive Board for the 2023 financial year Discharge of the members of the Executive Board for the 2023 financial year |
23,374,897 | 74.21 | 23,148,707 | 99.03 | 5,649 | 226,190 | 0.97 | Accepted |
| TOP 4 Resolution on the discharge of the members of the Supervisory Board for the 2023 financial year Discharge of the members of the Supervisory Board for the 2023 financial year | 7,966,023 | 25.29 | 6,435,547 | 80.79 | 6,719 | 1,530,476 | 19.21 | Accepted |
| Item 5.1 Election of the auditor and the group auditor as well as the auditor for the sustainability reporting for the 2024 financial year of Basler Aktiengesellschaft and the auditor for the review of other interim financial reports for the 2024 financial year and the 2025 financial year prior to the 2025 Annual General Meeting with the content of the Supervisory Board's proposed resolution under agenda item 5.1, as published in the Federal Gazette on April 4, 2024 | 24,559,298 | 77.97 | 24,559,232 | 99.99 | 5,000 | 66 | 0.01 | Accepted |
| TOP 5.2 Election of the auditor and the group auditor as well as the auditor for the sustainability reporting for the 2024 financial year of Basler Aktiengesellschaft and the auditor for the review of other interim financial reports for the 2024 financial year and the 2025 financial year prior to the 2025 Annual General Meeting with the content of the Supervisory Board's proposed resolution under agenda item 5.2, as published in the Federal Gazette on April 4, 2024 | 24,559,298 | 77.97 | 24,559,232 | 99.99 | 5,000 | 66 | 0.01 | Accepted |
Mr. Norbert Basler will continue to be the chairman of the supervisory board and Mr. Horst W. Garbrecht will continue to be the deputy chairman.
The presentation of the annual general meeting and all other information on this subject can be found on the company's website at:
www.baslerweb.com/en/investors/annual-general-meeting/2024/
German Corporate Governance Code
The current declaration of the management board and the supervisory board pursuant to § 161 of the German Stock Corporation Act (AktG) regarding the German Corporate Governance Code was made continually available to the shareholders on the company's website at:
www.baslerweb.com/en/investors/declaration-of-compliance/
Declaration of the Legal Representatives
We affirm to the best of our knowledge that the interim consolidated financial statements, in accordance with the accounting principles applicable to interim reporting, provide a true and fair view of the group's asset, financial, and earnings situation and that the group's interim management report represents a true and fair picture of the course of business, including the operating result, and the group's financial situation as well as describing the essential opportunities and risks concomitant with the expected development of the group during the remainder of the fiscal year.
The management board
| Dittmer by | toryite | $\boldsymbol{\sim}$ |
|---|---|---|
| Dr. Dietmar Ley | Hardy Mehl | Alexander Temme |
| CEO | CFO/COO | CCO |
Consolidated Profit and Loss Statement
Group's annual balance sheet according to IFRS for the fiscal year from January 1, 2024 to June 30, 2024
| in $€ \mathrm{k}$ | 01/01/ - 06/30/2024 | 01/01/ - 06/30/2023 |
|---|---|---|
| Sales revenues | 93,034 | 116,080 |
| Currency result | 347 | $-1,197$ |
| Cost of sales | $-50,155$ | $-62,859$ |
| Gross profit on sales | 43,225 | 52,024 |
| Other income | 575 | 1,252 |
| Sales and marketing costs | $-19,824$ | $-21,203$ |
| General administration costs | $-11,733$ | $-11,646$ |
| Research and development | ||
| Full costs | $-14,401$ | $-20,443$ |
| Capitalisation of developments | 4,084 | 4,715 |
| Amortizations and impairments on developments | $-3,481$ | $-3,604$ |
| Research and development | $-13,798$ | $-19,332$ |
| Other expenses | $-295$ | $-119$ |
| Operating result | $-1,850$ | 976 |
| Financial income | 203 | 172 |
| Financial expenses | $-770$ | $-923$ |
| Financial result | $-567$ | $-751$ |
| Profit shares in companies accounted for using the equity method | 119 | 0 |
| Earnings before taxes | $-2,298$ | 225 |
| Income taxes | $-1,070$ | $-1,892$ |
| Group net loss for the period of which are allocated to | $-3,368$ | $-1,667$ |
| shareholders of the parent company | $-3,368$ | $-1,667$ |
| non-controlling shareholders | 0 | 0 |
| Average number of shares (pieces) | 30,733,242 | 30,017,531 |
| Earnings per share diluted = undiluted (€) | $-0.11$ | $-0.06$ |
Consolidated Statement of Comprehensive Income
Group's annual balance sheet according to IFRS for the fiscal year from January 1, 2024 to June 30, 2024
| in $€ \mathrm{k}$ | $01 / 01 /-06 / 30 / 2024$ | $01 / 01 /-06 / 30 / 2023$ |
|---|---|---|
| Group net loss for the period | $-3,368$ | $-1,667$ |
| Result from currency translation differences recognized directly in equity | $-320$ | $-1,926$ |
| Other result | $-320$ | $-1,926$ |
| Total result of which are allocated to | $-3,688$ | $-3,593$ |
| shareholders of the parent company | $-3,688$ | $-3,593$ |
| non-controlling shareholders | 0 | 0 |
Consolidated Cash Flow Statement
Group's annual balance sheet according to IFRS for the fiscal year from January 1, 2024 to June 30, 2024
in $€$ k
Operating activities
Group net loss for the period
Increase (+) / decrease (-) in deferred taxes
Interest expenses / incoming payments for interest
Depreciation on fixed assets
Change in capital resources without affecting payment
Decrease (-) / increase (+) in accruals
Loss (+) / profit (-) from asset disposals
Decrease (+) / increase (-) in inventories
Increase (+) / decrease (-) in advanced payments received
Increase (-) / decrease (+) in receivables from deliveries and services
Increase (-) / decrease (+) in other assets
Increase (+) / decrease (-) in liabilities from deliveries and services
Increase (+) / decrease (-) in other liabilities
Net cash from operating activities
Investing activities
Payout for investments in fixed assets - tangible assets
Payout for investments in fixed assets - intangible assets
Incoming payments for asset disposals
Expenses for acquisitions less cash acquired
Payoput for increase valuation at equity
Net cash used in investing activities
$01 / 01 /-06 / 30 / 2024$
$-3,368$
$-370$
838
8,927
$-320$
$-154$
$-154$
$-154$
$-1,306$
$-1,306$
$-439$
$-2,943$
$-2,756$
$-1,306$
$-3,893$
$-1,188$
$-4,096$
$-472$
$-1,160$
$-5,972$
$-1,667$
296
1,132
9,687
$-1,926$
$-3,301$
$-129$
$-2,064$
222
3,599
$-3,678$
$-1,444$
$-1,771$
$-1,044$
$-1,157$
$-7,639$
$-489$
0
$-240$
$-8,547$
Group Balance Sheet
Group's annual balance sheet according to IFRS for the fiscal year from January 1, 2024 to June 30, 2024
| in €k | $6 / 30 / 2024$ | $12 / 31 / 2023$ |
|---|---|---|
| Liabilities | ||
| A. Equity | ||
| I. Subscribed capital | 30,737 | 30,737 |
| II. Capital reserves | 10,669 | 10,669 |
| III. Retained earnings | 99,105 | 102,473 |
| IV. Other components of equity | $-5,024$ | $-4,704$ |
| 135,487 | 139,175 | |
| B. Long-term debt | ||
| I. Long-term liabilities | ||
| 1. Long-term liabilities to banks | 48,228 | 51,360 |
| 2. Other financial liabilities | 0 | 522 |
| 3. Liabilities from finance lease | 18,987 | 19,907 |
| II. Non-current provisions | 1,386 | 1,340 |
| III. Deferred tax liabilities | 2,858 | 3,222 |
| 71,459 | 76,351 | |
| C. Short-term debt | ||
| I. Other financial liabilities | 8,990 | 9,722 |
| II. Short-term provisions | 6,706 | 7,248 |
| III. Short-term other liabilities | ||
| 1. Liabilities from deliveries and services | 13,889 | 14,672 |
| 2. Other short-term financial liabilities | 3,998 | 5,149 |
| 3. Liabilities from finance lease | 3,384 | 2,731 |
| IV. Current tax liabilities | 1,049 | 707 |
| 38,016 | 40,229 | |
| 244,962 | 255,755 |
Consolidated Statement of Changes in Equity
Group's annual balance sheet according to IFRS for the fiscal year from January 1, 2024 to June 30, 2024
- € 0.14 per share (distribution in 2023 for 2022)
Events 2024
| IR-Events | Event | Venue |
|---|---|---|
| Date | Release of Nine-Month-Report 2024 | Ahrensburg, Germany |
| $11 / 7 / 2024$ | German Equity Forum, Frankfurt | Frankfurt/Main, Germany |
| $11 / 25 / 2024-11 / 26 / 2024$ |
| Shrowe and Conferences | Event | Venue |
|---|---|---|
| Date | Vision China Shanghai | Shanghai, China |
| $8 / 21 / 2024-8 / 24 / 2024$ | Taipei Automation | Taipei, Taiwan |
| $8 / 21 / 2024-8 / 24 / 2024$ | Automation Expo | Mumbai, India |
| $10 / 8 / 2024-10 / 10 / 2024$ | Vision | Stuttgart, Germany |
| $12 / 5 / 2024-12 / 8 / 2024$ | Healthcare + Expo Taiwan | Taipei, Taiwan |
BASLER AG
An der Strusbek 60-62
22926 Ahrensburg
Germany
Tel. +4941024630
Fax +49 4102463109
[email protected]
baslerweb.com
BASLER ITALY S.R.L.
Via Carducci, 35
20090 Trezzano sul Naviglio -MI- Italy
Tel. +39024455154
[email protected]
BASLER FRANCE SA
V43/44 rue d'Armagnac, CS 72073
33088 Bordeaux Cedex
France
Tel. +330629653900
[email protected]
BASLER, INC.
855 Springdale Drive, Suite 203
Exton, PA 19341
USA
Tel. +16102800171
Fax +16102807608
[email protected]
BASLER ASIA PTE. LTD.
35 Marsiling Industrial Estate Road 3
#05-06
Singapore 739257
Tel. +6563671355
Fax +6563671255
[email protected]
Basler Vision Technologies Taiwan Inc.
No. 160, Zhuangjing N. Rd.,
Zhubei City, Hsinchu County 302,
Taiwan (R.O.C.)
Tel. +88635583955
Fax +88635583956
[email protected]
BASLER VISION TECHNOLOGY
(BELJING) CO., LTD
2nd Floor, Building No.5, Dongsheng International
Pioneer Park, No. 1 Yongtaizhuang NorthRoad, Haidian District, Beijing
Tel. +8601062952828
Fax +8601062800520
[email protected]
BASLER KOREA INC. (WEST)
(REPUBLIC OF KOREA)
2501-2507, Anyang IS Biz Central A-dong, 25,
Deokcheon-ro 152 beaon-gil, Manan-gu, An-yang-si, Gyeonggi-do
Tel. +82317143114
[email protected] Korea Inc. (East)
(Republic of Korea)
No. 1305, Hyundai Knowledge Center C-dong,
Beobwon-ro 11-gil,
Songpa-gu, Seoul, Korea
Tel. +8224248832
BASLER JAPAN KK
6th floor #A, Iwamotocho Kita Building,
1-8-15 Iwamotocho, Chiyoda-ku, Tokyo
101-0032 Japan
Tel. +81366722333
Fax +81366722344
[email protected]