Basler Vision Technologies AG

EANS-News: Basler AG
Basler reports business figures for the first 6 months of 2012: Results slightly above expectations

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6-month report


Ahrensburg (euro adhoc) - Camera business reaches new record levels in incoming
orders, sales, and profit
- Incoming orders first half-year 2012: EUR 28.7 million (previous year: 
  EUR 30.2 million,-5 %)
- Sales first half-year 2012: EUR 25.2 million (previous year: EUR 28.1 million,
  -10 %)
- EBIT first half-year 2012: EUR 2.6 million (previous year: EUR 4.0 million,
  -35 %)
- Earnings before taxes first half-year 2012: EUR 2.2 million (previous year: 
  EUR 3.3 million, -33 %)
- Operating cash flow first half-year 2012: EUR 3.3 million (previous year: 
  EUR 4.5 million, -27 %)
- Forecast for sales and earnings increased

August 06, 2012 - BASLER AG, one of the global leading companies of
vision technology, is presenting today the final figures for the first half-
year of 2012.

The most important outcome of the reporting period are new record figures in
incoming orders, sales, and result in our core business with digital cameras.
Group sales and earnings in the first half-year were below 2011 results due to
the anticipated significant decrease in demand in the smaller Solutions
segment. Our expectations were, however, excelled by the achievements in the
camera business that was performing above budget. Due to the continued and
despite of all economic risk stable growth in the Components segment the
proportion of the camera business in the group's sales has increased more
quickly than planned to more than 90%. Therefore, the transformation of Basler
AG towards a pure-play camera manufacturer proceeds at a faster pace than
originally envisaged.

The group's key figures for the reporting period were  still  below  the  strong
figures for the previous year. This is due to the ongoing weak demand for new
industrial goods in the LCD industry that is catered to by the smaller
Solutions business segment. Incoming orders for the group in the first half-
year of 2012 decreased slightly compared to the previous year by 5 %, reaching
EUR 28.7 million (previous year: EUR 30.2 million), while orders in the core
business with digital cameras reached a new record value. Sales amounted to
EUR 25.2 million in the reporting period which is 10 % below the previous year's
figure of EUR 28.1 million. Sales in our Components segment reached a new record
value while revenues in the Solutions segment declined  significantly. Earnings
before taxes (EBT) added up to EUR 2.2 million in the first  half-year of 2012
(previous year: EUR 3.3 million).

The pre-tax margin amounted to 9 % (previous year: 12 %) and was above our 
forecast corridor. Earnings before interest and taxes (EBIT) amounted to EUR 2.6
million (previous year: EUR 4.0 million). The operating cash flow in the
reporting  period was EUR 3.3 million (previous year: EUR 4.5 million). Cash and
cash equivalents summed up to EUR 3.1 million at the end of the reporting period
(previous year: EUR 6.8 million).

Based on better than planned results for the first  half-year  and  being
confident to reach  our  goals for the second half-year, we increased  our
forecast for sales and profit for 2012 on July 23. We now expect the revenues
within a corridor of EUR 52 to 54 million (previously EUR 50 to 54 million) and 
a pre-tax (EBT) margin of 8 to 9 % (previously 6 to 8 %).

The complete six-months report for 2012 can be accessed  on  the  company's  web
site (www.baslerweb.com).

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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.


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
 



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