Corporate | 24 March 2015 06:49
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Basler AG / Key word(s): Final Results
– Sales: EUR 79.2 million (2013: EUR 65.1 million, +22 %)
Ahrensburg, March 24, 2015 – BASLER AG, the leading global manufacturer of industrial cameras, is presenting today its audited annual report 2014.
The group’s sales increased in the fiscal year 2014 by 22 % to EUR 79.2 million (previous year: EUR 65.1 million). The gross profit margin increased to 51.8 % after 49.9 % in the previous year. The group’s earnings before taxes (EBT) rose by 42 % to EUR 11.1 million (previous year: EUR 7.8 million). The pre-tax return amounted to 14 % (previous year: 12 %). With these results, the upper end of the guidance previously communicated by the company has been achieved.
In 2014, 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 70 cents per share.
For the fiscal year 2015, the Basler group expects an increase of sales to EUR 81 to 84 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 9 % and 10 % depending on the sales development. In 2015, for the first time, the company sales will be generated entirely from its camera business and thus compensate the sales of approximately EUR 5 million from the systems business shown in 2014.
Basler is the 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. 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, and Korea. Basler AG, Hardy Mehl (CFO/COO), An der Strusbek 60 – 62, D-22926 Ahrensburg, Tel. +49 – 4102- 463 100, ir/baslerweb.com, www.baslerweb.com , ISIN DE 0005102008 2015-03-24 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: | Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart | |
| End of News | DGAP News-Service |
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| 336401 2015-03-24 |