Corporate | 4 November 2015 06:31


Basler AG: Basler concludes the first nine months of 2015 in accord with planning


DGAP-News: Basler AG / Key word(s): 9-month figures

2015-11-04 / 06:31


Corporate News
Business figures / nine-month report

Business figures for the first nine months of 2015:
Basler concludes the first nine months of 2015 in accord with planning

– Incoming orders: EUR 62.0 million (previous year: EUR 61.0 million, +2 %)

– Sales: EUR 66.3 million (previous year: EUR 60.7 million, +9 %)

– EBIT: EUR 9.1 million (previous year: EUR 11.0 million, -17 %)

– Pre-tax result: EUR 8.5 million (previous year: EUR 9.8 million, -13 %)

– Pre-tax profit margin: 13 % (previous year: 16 %)

Ahrensburg, November 4, 2015 – BASLER AG, one of the leading global manufacturers of industrial cameras, is releasing today the figures for the first nine months of 2015 and confirming its growth plan.

In the first nine months of 2015, incoming orders of the group amounted to EUR 62.0 million (previous year: EUR 61.0 million, +2 %). The group’s sales of EUR 66.3 million were 9 % above the previous year’s value of EUR 60.7 million. The gross profit margin was at 48.6 % (previous year: 51.2 %) in the first nine months of 2015. In comparison to the second quarter, the gross profit margin increased by 1.2 percentage points to 48.9 %. The management’s efforts to stabilize the gross profit margin in the medium-term on a level of approximately 50 % continuing to powerfully pursue the volume strategy are proving effective. The group’s earnings before taxes (EBT) amounted to EUR 8.5 million (previous year: EUR 9.8 million) resulting in a pre-tax profit margin of 13 % (previous year: 16 %). The pre-tax profit margin is above the strategic goal of 10 %. However, due to a seasonally weak fourth quarter, the company assumes the EBT-margin to be within the planned corridor at the end of the year.

“Despite the turbulent economic environment we concluded the first nine months of fiscal year 2015 in line with our planning. We were able to take the scheduled steps for our planned growth. We are proud of the progress which proves that Basler AG is determinedly moving towards the medium-term sales goals of EUR 120 million”, states Hardy Mehl, CFO.

The company continues assuming sales of the group for 2015 within a corridor of EUR 81 – 84 million, at a pre-tax profit margin of 9 – 10 %.

The complete nine-month report for 2015 can be accessed via the company’s website: www.baslerweb.com

Basler is a leading global manufacturer of digital cameras for industrial and retail 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 500 people at its headquarters in Ahrensburg, Germany, as well as in international subsidiaries and offices in Europe, Asia, and the Americas.

For more information, please contact us at +49 4102 463 101, e-mail us at IR@baslerweb.com or visit us on the web at www.baslerweb.com .

Contact:

Verena Fehling-Investor Relations Specialist
Tel. +49 4102 463 100
Fax +49 4102 463 46 101
Verena.Fehling@baslerweb.com

Basler AG
An der Strusbek 60-62
22926 Ahrensburg
www.baslerweb.com





2015-11-04 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

408473  2015-11-04 show this