30.03.2017
Basler AG DE0005102008
DGAP-Adhoc: Basler AG reports annual forecast for 2017: The company expects strong growth in 2017
DGAP-Ad-hoc: Basler AG / Key word(s): Forecast
Basler AG reports annual forecast for 2017: The company expects strong
growth in 2017
30-March-2017 / 11:44 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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Inside Information accoding to Article 17 MAR
Ahrensburg, March 30, 2017 - BASLER AG, the leading global manufacturer of
industrial cameras is publishing today its annual forecast for 2017.
Based on the good order backlog at the turn of the year as well as the very
strong incoming orders in the first three months of the new fiscal year, the
Basler group expects sales revenues to increase to EUR 120 - 130 million in
fiscal year 2017. On the earnings side, the company plans a pre-tax return
rate of 13 - 15 % depending on the sales development.
Incoming orders in the first three months developed significantly above
expectations and above the strategic growth target of 15 %. The company
assumes to generate incoming orders of more than EUR 50 million in the first
quarter. This is more than double the incoming orders compared to Q1 2016.
All sales regions show considerable growth with again a disproportionate
growth development in Asia. The strong demand is mainly due to high
investments in the electronics industry. Furthermore, bottlenecks in
materials and production lead to increasing delivery times and these, in
turn, to earlier order placements. It is expected that this overheating will
cool down soon and incoming orders will come back to a normal level in the
second quarter.
Given the high momentum in the sales markets and the limited visibility of
business development in the second half-year, the current range of the sales
corridor is relatively broad. The management strives for giving a more
precise corridor in the course of the fiscal year.
Tomorrow, on March 31, 2017, the company will publish its annual report
2016.
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. 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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560081 30-March-2017 CET/CEST
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