Corporate | 23 March 2016 07:08
Basler AG: Basler reports business figures for 2015 – company confirms growth path
|
DGAP-News: Basler AG / Key word(s): Final Results
Corporate News
– Sales EUR 85.4 million (2014: EUR 79.2 million, +8 %) – Incoming orders EUR 83.0 million (2014: EUR 82.7 million) – Pre-tax result EUR 9.1 million (2014: EUR 11.1 million, -18 %) – Free cash flow EUR 3.6 million (2014: EUR 7.4 million, -51 %) – Guidance for 2016: Sales EUR 90 – 92 million, pre-tax return rate 9 – 10 % Ahrensburg, March 23, 2016 – BASLER AG, the leading global manufacturer of industrial cameras, is presenting today its audited annual report 2015. The group’s sales increased in the fiscal year 2015 by 8 % to EUR 85.4 million (previous year: EUR 79.2 million). In line with the strategy, solutions business was substituted by camera business and sales from cameras disproportionately increased by 15 % compared to the previous year. During the reporting period, the German industry for machine vision components grew by 9 % (VDMA). Thus, Basler AG again gained market shares in the elapsed fiscal year. The pre-tax result amounted to EUR 9.1 million (previous year: EUR 11.1 million, -18 %). The pre-tax return amounted to 11 % (previous year: 14 %). With these results, the upper end of the guidance previously communicated by the company has been achieved.
The cash flow from operational activity amounted to EUR 12.9 million (previous year:
According to plan, in fiscal year 2015 additional staff was hired in order to make optimum use of medium to long term growth potentials. The high profitability and cash flow level of the previous year was deliberately reduced and invested in the company’s future. Against the background of a solid annual result 2015, the company will propose to this year’s shareholders’ meeting the distribution of a dividend of EUR 0.58 per share. This corresponds to a distribution ration of 30 % of the after-tax result. For the fiscal year 2016, the Basler group expects an increase of sales to EUR 90 to 92 million. As far as earnings are concerned, the company is assuming a solid pre-tax return rate between 9 % and 10 % depending on the sales development.
The complete annual report is available on the website of the company (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. Basler AG, Hardy Mehl (CFO/COO), An der Strusbek 60 – 62, D-22926 Ahrensburg, Tel. +49 – 4102-463 101, ir/baslerweb.com, www.baslerweb.com , ISIN DE 0005102008
2016-03-23 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG.
|
| 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 |