Corporate | 31 July 2014 07:56
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Basler AG / Key word(s): Half Year Results
Corporate News
Basler reports business figures for the first half-year of 2014:
– Incoming orders: EUR 40.9 million (previous year: EUR 33.3 million, +23 %) – Sales: EUR 39.0 million (previous year: EUR 32.2 million, +21 %) – EBIT: EUR 6.7 million (previous year: EUR 4.2 million, +60 %) – EBT: EUR 5.9 million (previous year: EUR 3.9 million, +51 %) – EBT margin: 15 % (previous year: 12 %) Ahrensburg, July 31, 2014 – BASLER AG, one of the leading global manufacturers of industrial cameras is presenting today its final figures for the first half-year of 2014. The group’s incoming orders increased by 23 % to EUR 40.9 million (previous year: EUR 33.3 million). The group’s sales of EUR 39.0 million were 21 % above the previous year’s value of EUR 32.2 million. The gross margin improved by almost 1 percentage point to 51.5 % (previous year: 50.6 %). The group’s earnings before taxes (EBT) rose by 51 % to EUR 5.9 million (previous year: EUR 3.9 million). The pre-tax return margin amounted to 15 % (previous year: 12 %). “The continuing robust incoming orders, the smooth market launch of important new products, and the sales progress made in markets of great significance to us, give us the confidence to assume that we will succeed in fulfilling the new forecast for the financial year 2014, despite an unchanged moderate economic environment and geopolitical risks”, explains Hardy Mehl, CFO. Based on the positive monthly results in the course of the second quarter, Basler AG increased the forecast for sales and profit for fiscal year 2014 already in mid-June and henceforth expects group’s sales of EUR 73 to EUR 76 million (previously EUR 70 to EUR 74 million) at a pre-tax return margin of 12 to 14 % (previously 8 to 10 %). The complete half-year report for 2014 can be seen on the company’s website (www.baslerweb.com). ___________________________________________________________________________ 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 more than 25 years of experience in vision technologies. 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, Japan, and Korea. Basler AG, Hardy Mehl (CFO/COO), An der Strusbek 60 – 62, 22926 Ahrensburg, Tel. +49 (0)4102-463100, ir/baslerweb.com, www.baslerweb.com , ISIN DE 0005102008 31.07.2014 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. The DGAP 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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