Corporate | 27 March 2014 07:19
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Basler AG / Key word(s): Final Results/Final Results
Press release
Basler reports business figures for 2013:
– Sales: EUR 65.1 million (2012: EUR 55.9 million, + 16%) – Incoming orders: EUR 68.6 million (2012: EUR 60.6 million, + 13%) – Pre-tax result: EUR 7.8 million (2012: EUR 5.6 million, + 39%) – Free cash flow: EUR 5.6 million (2012: EUR 6.3 million, – 11%) – Guidance for 2014: Sales EUR 70 – 74 million, pre-tax return rate 8 – 10 % Ahrensburg, March 27, 2014 – BASLER AG, one of the leading global manufacturers of industrial cameras, is presenting today its audited annual report 2013. The group’s sales increased in the fiscal year 2013 by 16 % to EUR 65.1 million (previous year: EUR 55.9 million). The gross profit margin increased to 49.9 % after 48.1 % in the previous year. The earnings before taxes amounted to EUR 7.8 million (previous year: EUR 5.6 million, + 39%). The pre-tax return rate amounted to 12 % (previous year: 10 %). With these results, the previous guidance communicated by the company has been achieved at the upper end. The cash flow from operational activity amounted to EUR 12.1 million (previous year: EUR 12.6 million, – 4%). The free cash flow, calculated as the sum of cash flows from operational activity and investment, reached a value of EUR 5.6 million (previous year: EUR 6.3 million, – 11%). In 2013, Basler AG achieved the best results in the 25 years of the company’s history. With this background, Basler AG will propose to this year’s shareholders’ meeting the distribution of a dividend of 47 cents per share. For the fiscal year 2014, the Basler group expects an increase of sales to EUR 70 to 74 million. Due to attractive growth opportunities in the industrial camera market, investments in future sales growth will be continued with unabated intensity. As far as earnings are concerned, we are assuming a solid pre-tax return rate between 8 % and 10 % depending on the sales development. 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 25 years of experience in vision technologies and has designed and manufactured high quality digital cameras for 15 years. 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, China, and Korea. The annual report can be downloaded from www.baslerweb.com/finanzberichte . 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 27.03.2014 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: | 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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| 259897 27.03.2014 |