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26.03.2012 – 07:26

Basler Vision Technologies AG

EANS-News: Basler AG
Business figures for 2011: Best results in the company's history

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

Ahrensburg (euro adhoc) - - Increase in sales by 8 % to EUR 55.1 million
(previous year: EUR 51.0 million)
- Earnings before taxes amounting to EUR 5.6 million (previous year: EUR 5.0
- Increase of cash flow from operational activity to EUR 13.7 million
  (previous year: EUR 11.8 million)
- Preliminary sales expectations for 2012 between EUR  50 million and EUR  54
  million and a pre-tax return of 6 - 8%

BASLER AG, one of the leading global companies in vision technology, is
presenting today its audited annual report for 2011.

The group's turnover increased in fiscal year 2011 by 8 % to EUR 55.1 million
(previous year: EUR 51.0 million). The gross profit margin increased to 44.3 %
after 43.5 % in the previous year. The earnings before taxes increased to EUR
5.6 million (previous year: EUR 5.0 million). The pre-tax return amounted to
10.2 % (previous year: 9.8 %). With these results the company's forecast
communicated to the capital market has been achieved.

The cash flow from operational activity amounted to EUR 13.7 million (previous
year: EUR 11.8 million +16%). The free cash flow calculated as the sum of cash
flows from operational activity and investment reached a value of EUR 6.9
million (previous year: EUR 5.7 million, +21%). The positive development of the
cash flow is due to decreased average delivery times and shorter collection
periods for receivables as a result of an intense working capital management.

In 2011 Basler AG achieved the best result in the company's history. "Our new
strategy alignment agreed upon 3 years ago with focus on the camera business
continues to prove successful", said Dr. Dietmar Ley, Chairman of the
Management Board.

Against this background, Basler AG will propose to this year's general meeting
the distribution of a dividend of 30 cent per share.

Due to the currently existing cyclical risks the Management Board opted for a
cautious forecast. Accordingly, the Basler group expects in fiscal year 2012
approximately stable to slight declining sales revenues within a corridor
between EUR 50.0 million and EUR 54.0 million. Here, sales in the core business
with digital cameras (Components business segment) continue to increase
compared to the previous year, whereas sales revenues of the Solutions business
segment fall below the level reached in 2011 due to the current weak demand
from the LCD industry. Because of the sustainably attractive growth
opportunities in the camera business, investments in the Components business
segment will continue with unabated intensity. Depending on the sales trend the
company expects on the earnings side a solid pre-tax return between 6 % and 8
%. "In parallel to the expected improvement of the economic situation in the
course of the year, we assume sales and pre-tax results in the second half-year
to be above the figures of the first six months and then to show again the
level of return reached in 2011", said the Chairman of the Management Board,
Dr. Dietmar Ley, commenting on the forecast.

Basler AG is developer and manufacturer of high-quality cameras for
applications in industrial mass production, medical and traffic technology, as
well as video surveillance. Basler has more than 20 years of experience in
image processing and offers one of the widest product portfolios in the
industry. The company employs approximately 300 employees in its headquarters
in Ahrensburg, Germany, and in the subsidiaries in the USA, Singapore, Taiwan,
and, Korea.

The annual report can be downloaded from

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: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
             regulated dealing/prime standard: Frankfurt 
language:   English