06.11.2014
Basler AG DE0005102008
DGAP-News: Basler reports business figures for the first nine months of 2014: sales and profit continue to grow
DGAP-News: Basler AG / Key word(s): 9-month figures/9-month figures
Basler reports business figures for the first nine months of 2014:
sales and profit continue to grow
06.11.2014 / 07:06
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Corporate News
Business figures / nine-month report
Basler reports business figures for the first nine months of 2014: sales
and profit continue to grow
- Incoming orders: EUR 61.0 million (previous year: EUR 51.1 million, +19
%)
- Sales: EUR 60.7 million (previous year: EUR 49.1 million, +24 %)
- EBIT: EUR 11.0 million (previous year: EUR 6.5 million, +69 %)
- EBT: EUR 9.8 million (previous year: EUR 5.9 million, +66 %)
- EBT margin: 16 % (previous year: 12 %)
Ahrensburg, November 6, 2014 - BASLER AG, one of the leading global
manufacturers of industrial cameras is presenting today its final figures
for the first nine months of 2014.
The group's incoming orders increased by 19 % to EUR 61.0 million (previous
year: EUR 51.1 million). The group's sales of EUR 60.7 million were 24 %
above the previous year's value of EUR 49.1 million. The gross margin
improved by almost 2 percentage points to 51.2 % (previous year: 49.3 %).
The group's earnings before taxes (EBT) rose by 66 % to EUR 9.8 million
(previous year: EUR 5.9 million). The pre-tax return margin amounted to 16
% (previous year: 12 %).
"Similar to the first six months of the fiscal year 2014, the third quarter
of 2014 went better for Basler AG than originally planned. The necessary
steps in order to implement the planned growth were largely made. Strong
business in Asia led to a bigger sales growth than expected at the
beginning of the year. Due to the growth rates above reported market levels
we assume to have gained additional market shares", explains Hardy Mehl,
CFO.
Based on the positive monthly results in the course of the third quarter,
Basler AG increased the forecast for sales and profit for fiscal year 2014
already in mid-October and henceforth expects group's sales of EUR 77 to
EUR 79 million (previously EUR 73 to EUR 76 million) at a pre-tax return
margin of 13 to 14 % (previously 12 to 14 %).
The complete nine-month report for 2014 can be seen on the company's
website (www.baslerweb.com).
___________________________________________________________________________
Basler is a leading global manufacturer of digital cameras for industrial
and video surveillance 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 over 400 people at
its headquarters in Ahrensburg, Germany, as well as in international
subsidiaries and offices in the U.S., Singapore, Taiwan, Japan, and Korea.
Basler AG, Hardy Mehl (CFO/COO), An der Strusbek 60 - 62, 22926 Ahrensburg,
Tel. +49 (0)4102-463100, ir/baslerweb.com, www.baslerweb.com, ISIN DE
0005102008
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06.11.2014 Dissemination of a Corporate News, transmitted by DGAP - a
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The issuer is solely responsible for the content of this announcement.
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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: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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