27.10.2016
Basler AG DE0005102008
DGAP-Adhoc: Basler AG: Basler AG raises forecast for fiscal year 2016
Basler AG / Key word(s): Change in Forecast
27.10.2016 16:14
Disclosure of an inside information according 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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- New sales forecast: Euro 94 - 96 million
- New profit forecast: EBT-margin 11 - 12 %
Ahrensburg, October 27, 2016 - BASLER AG, the leading global manufacturer
of industrial cameras, is raising the forecast for fiscal year 2016.
Due to strong incoming orders and sales in the first nine month of 2016 -
particularly from the Asian market - the business performance is better
than expected. Therefore, the management board of Basler AG increases today
the sales forecast for fiscal year 2016 from Euro 92 - 94 million to Euro
94 - 96 million.
Furthermore, the higher sales level as well as stable gross margins prompt
the management board to also increase the profit forecast for the current
fiscal year. The company henceforth expects a pre-tax return margin of 11 -
12 % (formerly 10 - 11 %).
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Basler is a leading global manufacturer of digital cameras for industrial
applications, medical devices, and traffic systems. The cameras 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, 22926 Ahrensburg,
Tel. +49 (0)4102-463100, ir/baslerweb.com, www.baslerweb.com, ISIN DE
0005102008
27.10.2016 The DGAP Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Archive at www.dgap.de
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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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