EANS-News: Basler AG reports business figures for the first nine months of 2012:
Camera business sets new benchmarks for incoming orders, sales, and result
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Financial Figures/Balance Sheet/9-Month Report 2012
Ahrensburg (euro adhoc) - - Group 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 %)
EBIT: 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 %)
- Group 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 %)
EBIT: 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 %)
- Annual forecast raised for the year 2012:
Group's turnover at EUR 54 - 56 million, (previous forecast:
EUR 52 - 54 million;
previous year: EUR 55.1 million), pre-tax return at 9 - 10 % (previous
forecast: 8 - 9 %; previous year: 10.2 %)
November 8, 2012 - BASLER AG, one of the global leading companies in vision
technology, is presenting today the final figures for the first nine months of
2012.
The most important outcome of the reporting period are new record figures in
incoming orders, sales, and result in the core business with digital cameras.
"In fiscal year 2012, Basler AG is performing better than expected. Negative
effects due to the uncertain economic situation that we expected for our camera
business were either minimal or compensated by gains in market share.
Therefore, we increased again our sales and profit forecast" comments Dr.
Dietmar Ley, CEO, on the positive development.
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 above the corridor of 8
% to 9 %, predicted for fiscal year 2012. In the third quarter, earnings before
taxes (EBT) for the group increased by 33 % from EUR 1.5 million in the
previous year to EUR 2.0 million. The pre-tax return increased from 11.4 % in
the third quarter of 2011 to 12.0%.
Due to these results being above plan in the first nine months and a solid 4th
quarter outlook, on October 22, 2012, the company raised again the forecast for
sales and earnings for 2012. Basler AG henceforth expects sales revenues within
a corridor of EUR 54 - 56 million (previously EUR 52 - 54 million) and a pre-tax
(EBT) margin of 9 - 10 % (previously 8 - 9 %).
The complete nine-month report for 2012 can be accessed on the company's web
site (www.baslerweb.com).
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 463-100
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