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10.11.2011 – 06:12

Basler Vision Technologies AG

EANS-News: Basler AG successfully on track for growth

  Corporate news transmitted by euro adhoc. The issuer/originator is solely
  responsible for the content of this announcement.
9-month report

Ahrensburg (euro adhoc) - November 10, 2011 

- Camera business continues to grow

- Incoming orders:     EUR 42.4 million (previous year: EUR 41.3 million , +3 %)
  Sales:               EUR 41.4 million (previous year: EUR 38.3 million, +8 %)
  EBIT:                EUR  5.8 million (previous year: EUR 5.3 million, +9 %)
  Pre-tax earnings:    EUR  4.8 million (previous year: EUR 4.0 million, +20 %)
  Operating cash flow: EUR  9.2 million (previous year: EUR 5.4 million, +70 %)

- Forecast for 2011 confirmed

Directly from the "VISION", the worldwide leading trade fair for vision
technology taking place in Stuttgart, Germany, the company announces today that
the first nine months of the fiscal year 2011 were successful for Basler AG.

Despite the continuing uncertainty in the financial markets and the cyclical
slow down during the past months, Basler AG successfully continued its
profitable growth in sales.

In the first nine months, the incoming orders amounted to EUR 42.4 million     
(+3 %). In the reporting period, sales increased by 8 % to EUR 41.4 million.
Earnings before interest and taxes (EBIT) increased by 9 % to EUR 5.8 million.
The return before taxes and interest increased to 14.0 %. Earnings before taxes
(EBT) climbed disproportionately by 20 % to EUR 4.8 million. The pre-tax return
amounted to 11.6 %. The operational cash flow developed particularly well and
increased by 70 % to EUR 9.2 million. At the end of the reporting period, the
liquid assets amounted to EUR 6.8 million, exceeding the previous year's figure
by 39 %.

"The positive course during the first nine months shows that Basler AG will
achieve very good results also in 2011 and continue its profitable growth. The
growth is driven by our camera business that will increase in the double-digit
percentage range in 2011" explains Dr. Dietmar Ley (CEO). "The trade fair
visitors` positive reactions to our new products strengthens our conviction to
be able to further increase our market share in 2012."

Based on the positive results of the first nine months, Basler confirms its
forecast for the complete year 2011. According to the forecast the group's
turnover will range between EUR 54.0 million and EUR 58.0 million (previous
year: EUR 51.0 million). The earnings before taxes will be at least EUR 5.4
million (previous year: EUR 5.0 million).

Basler is a developer and manufacturer of high grade cameras for industrial and
medical applications, traffic control systems, and video surveillance. Basler
has more than 20 years of experience in image processing and offers its
customers one of the widest product portfolios in the industry. The company
employs approximately 270 employees in its headquarters in Ahrensburg, Germany,
and in subsidiaries in the USA, Singapore, Taiwan, Korea, and Japan.

Further inquiry note:
Verena Fehling
Investor Relations
Telefon: +49(0)4102 463-101

end of announcement                               euro adhoc 

company:     Basler AG
             An der Strusbek 60-62
             D-22926 Ahrensburg
phone:       +49 (0) 4102 463 0
FAX:         +49 (0) 4102 463 108
sector:      Semiconductors & active components
ISIN:        DE0005102008
indexes:     CDAX
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
             Hamburg, Stuttgart, Düsseldorf, München 
language:   English

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