20.03.2017
Basler AG DE0005102008
DGAP-Adhoc: Basler AG: Basler starts with very strong incoming orders into the new fiscal year and expects 2017 sales growth and pre-tax return above the strategic target value
DGAP-Ad-hoc: Basler AG / Key word(s): Miscellaneous
Basler AG: Basler starts with very strong incoming orders into the new
fiscal year and expects 2017 sales growth and pre-tax return above the
strategic target value
20-March-2017 / 16:18 CET/CEST
Disclosure of an inside information acc. to Article 17 MAR, transmitted by
DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Adhoc announcement according to Article 17 MAR
Ahrensburg, March 20, 2017 - BASLER AG, one of the leading global
manufacturers of industrial cameras recorded very strong incoming orders in
the first eleven weeks of the year.
As the company disclosed in its announcement for the preliminary business
figures 2016 on February 16, 2017, Basler AG started the new fiscal year
with a high order backlog as well as good incoming orders. This positive
trend continues and indicates that the sales growth 2017 will very likely be
above the strategic target value of 15 %. Due to economies of scale, in this
case it can be assumed that the pre-tax return will also be above the
targeted 11 % percentage points.
Although the management expected strong incoming orders at the beginning of
the year, they are considerably above expectations. All sales regions show a
strong growth, however, the Asian region is worth mentioning, in particular
China and South Korea. Incoming orders are widely spread and not focused on
individual major projects.
With a continued good order situation, the processing of the order backlog
is expected to last into the third quarter, despite significant capacity
expansions.
In the upcoming days, the management will determine how long this positive
trend is likely to continue. As scheduled, the forecast for fiscal year 2017
will be published together with the annual report 2016 on March 31, 2017.
Basler is a leading global manufacturer of digital cameras for industrial
and retail applications, medical devices, and traffic systems. Product
designs are driven by industry requirements and offer easy integration,
compact size, excellent image quality, and a very strong price/performance
ratio. Founded in 1988, Basler has more than 25 years of experience in
vision technologies. The company employs 500 people at its headquarters in
Ahrensburg, Germany, as well as in international subsidiaries and offices in
Europe, Asia, and the Americas.
Basler AG, Hardy Mehl (CFO/COO), An der Strusbek 60 - 62, D-22926
Ahrensburg, Tel. +49 - 4102-463 101, ir/baslerweb.com, www.baslerweb.com,
ISIN DE 0005102008
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Language: English
Company: Basler AG
An der Strusbek 60-62
22926 Ahrensburg
Germany
Phone: 04102-463 0
Fax: 04102-463 109
E-mail: [email protected]
Internet: www.baslerweb.com
ISIN: DE0005102008
WKN: 510200
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart, Tradegate Exchange
End of Announcement DGAP News Service
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555821 20-March-2017 CET/CEST
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