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Abonner Basler Vision Technologies AG

Basler Vision Technologies AG

euro adhoc: Basler AG
Financial Figures/Balance Sheet
Basler records consistent profitable growth & raises 2008 forecast for the second time

  Disclosure announcement transmitted by euro adhoc. The issuer is responsible
  for the content of this announcement.
quaterly report
06.11.2008
Ad-hoc release according to Section 15 WpHG (German Securities 
Trading Act)
. Fundamental data show substantial improvement over previous year
   < Turnover: + 23%,
   < Pre-tax earnings: + 300%,
   < Free cash flow: + Euro 1.7 million
. Decline in incoming orders
. 2008 turnover and earnings forecast raised for the second time
Ahrensburg, 6 November 2008 - Basler AG, one of the main 
international vision technology specialists, recorded a significant 
increase in 3rd quarter turnover and revenue over the previous year. 
The company's 3rd quarter turnover in the amount of Euro 15.3 million
exceeded the previous year's figure by 23%. On a cumulative basis, 
turnover in the financial year 2008 rose by 16% to Euro 42.5 million 
compared to the previous year. 3rd quarter earnings before taxes 
amounted to Euro 1.2 million, while standing at Euro -0.6 million in 
the comparable period of 2007. In the first 9 months of 2008, 
positive earnings before taxes were generated in the amount of Euro 
2.8 million - the previous year's figure amounted to Euro -0.4 
million. At Euro 11.3 million, 3rd quarter incoming orders declined 
for the first time in 2008 (-20%). This decline reflects the slowdown
in the economic environment. The cumulative incoming order volume of 
the current financial year's first nine months rose to a record 
figure of Euro 53.4 million. This represents a 33% increase over the 
previous year's period. Our order book reaches well into the 2nd 
quarter of 2009. At Euro 1.7 million, our 3rd quarter 2008 cash flow 
was positive (Q3/2007: Euro 0.1 million). On a cumulative basis, the 
free cash flow in the financial year 2008 increased from Euro -2.8 
million in the previous year to Euro +2.9 million. Overview:
|in million Euro        |Q3/  |Q3/  |+/-      |Q1-3 |Q1-3  |+/-      |
|                       |2008 |2007 |         |2008 |2007  |         |
|Turnover               |15.3 |12.4 |+23%     |42.5 |36.8  |+16%     |
|Incoming orders        |11.3 |14.1 |-20%     |53.4 |40.2  |+33%     |
|Gross margin (in %)    |48   |46   |+2       |50   |46    |+4       |
|                       |     |     |percentag|     |      |percentag|
|                       |     |     |e points |     |      |e points |
|Pre-tax earnings       |1.2  |-0.6 |n.a.     |2.8  |-0.4  |n.a.     |
In the 3rd quarter 2008, turnover in the Basler Components division rose by 4%
to the new record figure of Euro 8.0 million. In the first nine months of 2008,
digital cameras generated turnover in the amount of Euro 22.9 million - 9% more
than in the previous year's period. Incoming orders amounted to Euro 8.4
million in the 3rd quarter (Q3/2007: -2%). The 2008 cumulative incoming order
volume increased by 12% to Euro 25.8 million. In the 3rd quarter, the component
business generated earnings before taxes and interest of Euro +1.0 million
(+25% over the previous year's period), rising to Euro +3.0 million in the
first 9 months (Q1-Q3/2007: Euro 2.8 million) despite high investments in the
video surveillance market.
3rd quarter turnover in the Basler Solutions division amounted to Euro 7.3
million, which represents a 55% increase over the 3rd quarter 2007. In the
first nine months of 2008, the cumulative turnover amounted to Euro 19.6
million (previous year's period: +25%). As expected, incoming orders in the
Basler Solutions division declined by 48% to Euro 2.9 million after two very
robust preceding quarters. This decline was due to a cyclical 
slowdown in demand in the flat screen industry. Total incoming orders
in the first nine months amounted to Euro 27.6 million - a 61% 
increase over the previous year. The segment's 3rd quarter earnings 
before taxes and interest amounted to Euro +0.3 million (Q3/2007: 
Euro -0.9 million). On a cumulative basis, the Basler Solutions 
division generated total segment earnings of Euro +0.2 million 
(comparative period 2007: Euro -2.6 million). Due to the positive 
development of the financial year's first nine months and owing to 
our solid order book, we are raising our forecast for the financial 
year 2008 for a second time despite the slowdown in the market 
environment. We now expect turnover in the amount of Euro 55 million 
and pre-tax earnings of just above Euro 3.0 million. Once again, our 
free cash flow will be positive in the fourth quarter. The quarterly 
report is available online and for download at 
www.baslerweb.com/finanzberichte. Basler AG, Dietmar Ley (CEO), An 
der Strusbek 60-62, 22926 Ahrensburg, Tel. +49(0)4102-463100,  
ir@baslerweb.com, www.baslerweb.com, ISIN DE 0005102008
end of announcement                               euro adhoc

Further inquiry note:

Verena Fehling
Assistant to the Board / Investor Relations
Telefon: +49(0)4102 463-100
E-Mail: Verena.Fehling@baslerweb.com

Branche: Semiconductors & active components
ISIN: DE0005102008
WKN: 510200
Index: CDAX
Börsen: Börse Frankfurt / regulated dealing/prime standard
Börse Berlin / free trade
Börse Hamburg / free trade
Börse Stuttgart / free trade
Börse Düsseldorf / free trade
Börse München / free trade

Plus de actualités: Basler Vision Technologies AG
Plus de actualités: Basler Vision Technologies AG