EANS-Adhoc: Basler AG reports preliminary business figures for the first nine
months of 2012: Successful course continued, forecast for 2012 raised again
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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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9-month report
22.10.2012
- Camera business realizes new record figures
- Results Q3-2012:
Incoming orders: EUR 15.7 million (previous year: EUR 12.2 million,+29 %)
Sales: EUR 16.6 million (previous year: EUR 13.2 million, +26 %)
Earnings before taxes: EUR 2.4 million (previous year: EUR 1.9 million, +26 %)
Pre-tax earnings: EUR 2.0 million (previous year: EUR 1.5 million, +33 %)
Operating cash flow: EUR 5.1 million (previous year: EUR 4.7 million, +9 %)
- Results first nine months of 2012:
Incoming orders: EUR 44.5 million (previous year: EUR 42.4 million, +5 %)
Sales: EUR 41.8 million (previous year: EUR 41.4 million, +1 %)
Earnings before taxes: EUR 5.0 million (previous year: EUR 5.8 million, -14 %)
Pre-tax earnings: EUR 4.2 million (previous year: EUR 4.8 million, -13 %)
Operating cash flow: EUR 8.4 million (previous year: EUR 9.2 million, -9 %)
- Forecast for 2012 raised again
Ahrensburg, October 22, 2012 - BASLER AG, one of the leading global
manufacturers of cameras for industry and video surveillance applications, is
releasing preliminary figures for the first nine months of 2012 as well as for
the third quarter of 2012.
Incoming orders for the group amounted to EUR 44.5 million in the first nine
months (previous year: EUR 42.4 million, +5 %). In the third quarter the new
orders increased by nearly one third to EUR 15.7 million (previous year: EUR
12.2 million; +29 %).
The sales revenues for the group amounted to EUR 41.8 million in the first nine
months and thus reached the previous year's level of EUR 41.4 million (+1 %).
Sales considerably increased from EUR 13.2 million to EUR 16.6 million in the
third quarter (+26 %).
In the first nine months as well as in the third quarter, the group's gross
profit and the group's gross margin developed better than in the previous year.
The gross margin increased by 3 percentage points to 45.7 % in the first nine
months (previous year: 43.2 %). In the third quarter the gross margin increased
from 43.2 % in the previous year to 46.4 % (+3 percentage points).
In the first nine months of 2012, Basler AG achieved earnings before taxes
(EBT) for the group of EUR 4.2 million. Compared to the earnings before taxes
of EUR 4.8 million achieved in the same period of the previous year, increased
operating costs and higher depreciations had a dampening effect. The pre-tax
return amounted to 10 % (previous year: 11,6 %) and was therefore above the
corridor of 8 % to 9 %, predicted for fiscal year 2012. In the course of the
third quarter, earnings before taxes (EBT) for the group increased by 33 % to
EUR 1.5 million in the previous year to EUR 2.0 million. The pre-tax return
increased from 11.3 % in the third quarter of 2011 to 12.0 %.
Thus, Basler AG performed better in fiscal year 2012 than it was expected at
the beginning of the year. This is mainly due to new record figures in our core
business with cameras for applications in industry and video surveillance
(Segment Components). For the fourth quarter of 2012, we expect our business to
develop as planned. Therefore, we can raise again our sales and earnings
forecast for 2012 and henceforth expect sales revenues within a corridor of EUR
54 - 56 million (previously EUR 52 - 54 million) and a pre-tax return (EBT)
margin of 9 - 10 % (previously 8 - 9 %).
The definitive figures for the first nine months of fiscal year 2012 will be
published on November 8, 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 integration, 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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issuer: 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