EANS-News: Basler AG Preliminary figures for the first half-year of 2012
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6-month report
Ahrensburg (euro adhoc) - July 23, 2012
- New record figures realized for the camera business
- Incoming orders: EUR 28.7 million (previous year: EUR 30.2 million, -5 %)
- Sales: EUR 25.2 million (previous year: EUR 28.1 million, -10 %)
- Earnings before taxes: EUR 2.2 million (previous year: EUR 3.3 million, -33 %)
- Pre-tax return: 9 % (previous year: 12 %; -3.0 percentage points)
- Forecast for sales and results increased for 2012
BASLER AG, one of the global leading companies of vision technology, is
presenting today the preliminary figures for the first half-year of 2012.
The first half-year of the fiscal year was more successful than planned at the
beginning of the year. This is due to new records in incoming orders, sales,
and earnings in the Components business segment, where Basler offers digital
cameras for applications in industry and video surveillance.
The group's key figures for the reporting period are still below the previous
year's figures due to the expected weak demand for products of the smaller
Solutions business segment. The cause for the decline in sales for Solutions
lies in the low business activity in the LCD industry, extant since mid-2011.
Owing to the continued strong camera business, the positive trend for the
group's key figures of the previous quarters has continued also during the
second quarter of 2012.
In the first six months, Basler AG recorded incoming orders of EUR 28.7 million
(previous year: EUR 30.2 million, -5 %). The group's sales for the first half-
year of 2012 were at EUR 25.2 million which is 10 % below the previous year's
figure of EUR 28.1 million. The group's earnings before taxes (EBT) amounted to
EUR 2.2 million and thus fell short of the previous year's figure of EUR 3.3
million by almost EUR 1.1 million (-33 %). The input tax (EBT) margin amounted
in the reporting period to 9 % (previous year: 12 %, -3.0 percentage points).
"Considering the substantial economic risks during the first half-year of 2012,
we are very satisfied with the positive development of our camera business. The
achieved results confirm Basler's leading market position in the industrial
cameras market and provide us with planning reliability for the second half-
year. We expect for our Solutions sement that demand for LCD inspection
solutions will improve during the remainder of the year and that we will be
able to increase sales again", explains Dr. Dietmar Ley, CEO.
We are raising our forecasts for sales and earnings for the second half-year as
the results for the first half-year are above planning and as the assumptions
for the second half-year continue to appear realistic. We henceforth expect the
sales revenue within a corridor of EUR 52 - 54 million (so far EUR 50 - 54
million)and an input tax (EBT) margin of 8 - 9 % (so far 6 - 8 %).
The financial report for the first half-year of 2012 will be published on
August 6, 2012.
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Basler is a leading developer and manufacturer of high grade digital cameras
for applications in industry, video surveillance, medicine, and traffic.
Product development is driven by industry requirements. The cameras provide
easy intgration, compact sizes, and an outstanding price/performance ratio.
Basler has more than 25 years of experience in image processing and has been
developing and producing high grade digital cameras for 15 years. The company
employs approximately 300 employees in its headquarters in Ahrensburg, Germany,
and in the subsidiaries in the USA, Singapore, Taiwan, and, Korea.
Basler AG, Dr. Dietmar Ley (CEO), An der Strusbek 60 - 62, 22926 Ahrensburg,
Tel. +49 (0)4102-463100, ir/baslerweb.com,www.baslerweb.com, ISIN DE
0005102008
Further inquiry note:
Verena Fehling
Investor Relations
Telefon: +49(0)4102 463-101
E-Mail: ir@baslerweb.com
end of announcement euro adhoc
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company: Basler AG
An der Strusbek 60-62
D-22926 Ahrensburg
phone: +49 (0) 4102 463 0
FAX: +49 (0) 4102 463 108
mail: info@baslerweb.com
WWW: http://www.baslerweb.com
sector: Semiconductors & active components
ISIN: DE0005102008
indexes: CDAX
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English