DGAP-News: Basler AG: Basler confirms growth strategy - annual forecast increased

DGAP-News: Basler AG: Basler confirms growth strategy - annual forecast increased

ID: 285799

(firmenpresse) - DGAP-News: Basler AG / Key word(s): Half Year Results
Basler AG: Basler confirms growth strategy - annual forecast increased

08.08.2013 / 06:45

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- Incoming orders: EUR 33.3 million (previous year: EUR 28.7 million,
+16 %)

- Sales: EUR 32.2 million (previous year: EUR 25.2 million, +28 %)

- EBIT: EUR 4.2 million (previous year: EUR 2.6 million, +62 %)

- EBT: EUR 3.9 million (previous year: EUR 2.2 million, +77 %)

- Pre-tax margin: 12 % (previous year: 9 %)

Ahrensburg, August 08, 2013 - BASLER AG, one of the leading global
manufacturers of industrial cameras is presenting today the final figures
for the first half-year of 2013.

The group's incoming orders increased by 16 % to EUR 33.3 million (previous
year: EUR 28.7 million). The group's sales of EUR 32.2 million were 28 %
above the previous year's value of EUR 25.2 million. The gross margin
improved by almost 6 percentage points to 50.6 % (previous year: 44.8 %).
The group's earnings before taxes (EBT) rose by 77 % to EUR 3.9 million
(previous year: EUR 2.2 million). The pre-tax return amounted to 12 %
(previous year: 9 %).

'The robust incoming orders, the smooth introduction into the market of
important new products, and the progress made in sales in markets of great
significance to us, give us the confidence to assume that we will succeed
in exceeding the previous forecast for 2013, despite an unchanged moderate
economic environment', explains Dietmar Ley (CEO).

Based on the good half-year results, Basler AG increased the forecast for
sales and profit for fiscal year 2013 already in mid-July and henceforth
expects group's sales of EUR 63 to 65 million (previously EUR 60 to 63
million) at a pre-tax margin of 10 to 11 % (previously 8 to 10 %).





The complete half-year report for 2013 can be seen on the company's website
(www.baslerweb.com).

___________________________________________________________________________

Basler is a leading developer and manufacturer of high-quality digital
cameras for applications in industry, video surveillance, the medical
sector, and traffic. Product development is driven by industrial
requirements. The cameras offer ease of integration, compact sizes, and an
excellent price/performance ratio. Basler has more than 25 years worth of
experience in image processing and has been developing and producing
high-quality digital cameras for more than 15 years. The company employs
approximately 350 employees at its headquarters in Ahrensburg and in
offices in the USA, Singapore, Taiwan, and Korea.

Basler AG, Dr. Dietmar Ley (CEO), An der Strusbek 60 - 62, D-22926
Ahrensburg, Germany, Tel. +49 4102-463100, ir/baslerweb.com,
www.baslerweb.com, ISIN DE 0005102008


End of Corporate News

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08.08.2013 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

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Language: English
Company: Basler AG
An der Strusbek 60-62
22926 Ahrensburg
Germany
Phone: 04102-463 0
Fax: 04102-463 109
E-mail: ir(at)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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224796 08.08.2013


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Datum: 08.08.2013 - 06:45 Uhr
Sprache: Deutsch
News-ID 285799
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