07.05.2020 Basler AG  DE0005102008

DGAP-News: Basler AG: Business figures for the first three months of 2020 - Basler closes the first three months of 2020 on a very high level and narrows its forecast at the upper end of the corridor


 

DGAP-News: Basler AG / Key word(s): Quarter Results
Basler AG: Business figures for the first three months of 2020 - Basler closes the first three months of 2020 on a very high level and narrows its forecast at the upper end of the corridor

07.05.2020 / 07:13
The issuer is solely responsible for the content of this announcement.


Corporate News
Business figures / three month report

- Incoming orders: € 52.9 million (previous year: € 42.0 million, +26 %)

- Sales: € 43.7 million (previous year: € 39.3 million, +11 %)

- EBITDA: € 9.5 million (previous year: € 6.0 million, +58 %)

- Pre-tax result: € 6.3 million (previous year: € 3.1 million, +103 %)

- Pre-tax return rate: 14 % (previous year: 8 %)

- Period surplus: € 4.7 million (previous year: € 1.5 million, +213 %)

- Free cash flow: € -1.9 million (previous year: € -6.2 million)

Ahrensburg, May 7, 2020 - BASLER AG, the leading global manufacturer of industrial cameras, is presenting today final figures for the first three months of 2020.

Despite the corona pandemic, the Basler group started the year very well and thus laid a solid foundation for achieving the sales and profitability forecast for the first half year of 2020. The temporary shutdown of some countries affected the incoming orders and delivery situation. Overall, the company benefited from the broad geographic positioning, the diversified target customer structure as well as from the maintenance of operating processes.

Compared to the same period of 2019, sales increased by 11 % to € 43.7 million (previous year: € 39.3 million). Incoming orders increased by 26 % to € 52.9 million (previous year: € 42.0 million). Thus, sales and particularly incoming orders are on a very high level. In addition to a higher demand, the relatively great difference between incoming orders and sales is due to a major framework order including a delivery plan over several months and slightly increased delivery times because of materials bottlenecks.

In contrast, the VDMA (Verband Deutscher Maschinen- und Anlagenbau, German Engineering Federation) reported an increase in sales of 2% for the German manufacturers of image processing components for the first three months of 2020. According to VDMA, incoming orders of the industry increased by 3 % in the same period.

The pre-tax result doubled by € 3.2 million to € 6.3 million (previous year: € 3.1 million).

The free cash flow as sum of the cash flow from operating activities and cash flow from financing activities amounted to € -1.9 million (previous year: € -6.2 million).

On the basis of the very positive first quarter results, the management board confirms its forecast for the first half year of 2020 and sets it at the upper end. According to this, the management board expects sales in an amount of € 78 million and a pre-tax return rate between 9 - 10 % for the first half year.

However, this very positive start of the year is clouded by the current global economic outlook due to the corona pandemic. The management board assumes that the pandemic will also affect the computer vision market in the 'second row' with negative impacts. Based on current estimations, they will occur more strongly in the second half of the year and show varying effects on the different vertical markets. Currently, the potential consequences cannot be quantified. A forecast for the second half of the year will be published together with the mid-year report 2020.

Even though the current macroeconomic conditions have strong dampening effects, in principle, the management is positive about the future. Main growth drivers such as automation, image processing in new application fields outside the factory as well as the networking of intelligent machines and products (Industry 4.0 / IOT) continue to be intact in the medium to long term.

---------

Basler is a leading international manufacturer of high-quality imaging components for computer vision applications. In addition to classic area scan and line scan cameras, lenses, frame grabbers, light modules, and software, the company offers embedded vision modules and solutions, 3D products, as well as customized products and consulting services. Basler's products are used in a variety of markets and applications, including factory automation, medical, logistics, retail, and robotics. They are characterized by high reliability, an excellent price/performance ratio, and long-term availability. Founded in 1988, the Basler Group employs around 800 people at its headquarters in Ahrensburg and other locations in Europe, Asia and North America. Thanks to its worldwide sales and service organization and cooperation with renowned partners, it offers solutions that fit for customers from a wide range of sectors

Basler AG, Hardy Mehl (CFO/COO), An der Strusbek 60 - 62, 22926 Ahrensburg, Tel. +49 (0)4102-463101, ir/baslerweb.com, www.baslerweb.com, ISIN DE 0005102008




Contact:
Basler AG
Verena Fehling
Tel. +49 4102 463 101
Email: Verena.fehling@baslerweb.com


07.05.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Basler AG
An der Strusbek 60-62
22926 Ahrensburg
Germany
Phone: 04102-463 0
Fax: 04102-463 109
E-mail: ir@baslerweb.com
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
EQS News ID: 1038185

 
End of News DGAP News Service

1038185  07.05.2020 

fncls.ssp?fn=show_t_gif&application_id=1038185&application_name=news&site_id=boersengefluester_html


Die wichtigsten Finanzdaten auf einen Blick
  2013 2014 2015 2016 2017 2018 2019 2020e
Umsatzerlöse1 65,11 79,24 85,43 97,54 150,20 150,00 161,96 142,00
EBITDA1,2 14,00 18,00 16,00 18,76 39,65 35,97 29,96 25,00
EBITDA-Marge3 21,50 22,72 18,73 19,23 26,40 23,98 18,50 17,61
EBIT1,4 8,54 12,54 9,98 12,17 30,48 24,83 17,02 12,40
EBIT-Marge5 13,12 15,83 11,68 12,48 20,29 16,55 10,51 8,73
Jahresüberschuss1 5,56 8,18 6,21 7,93 21,63 17,01 12,87 8,90
Netto-Marge6 8,54 10,32 7,27 8,13 14,40 11,34 7,95 6,27
Cashflow1,7 12,14 15,95 12,91 16,10 28,39 27,00 24,75 16,50
Ergebnis je Aktie8 0,57 0,85 0,65 0,82 2,25 1,76 1,29 0,85
Dividende8 0,16 0,23 0,19 0,25 0,67 0,53 0,26 0,26
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2019 - Kostenfrei herunterladen.  
1 in Mio. Euro; 2 EBITDA = Ergebnis vor Zinsen, Steuern und Abschreibungen; 3 EBITDA in Relation zum Umsatz; 4 EBIT = Ergebnis vor Zinsen und Steuern; 5 EBIT in Relation zum Umsatz; 6 Jahresüberschuss (-fehlbetrag) in Relation zum Umsatz; 7 Cashflow aus der gewöhnlichen Geschäftstätigkeit; 8 in Euro; Quelle: boersengefluester.de

Wirtschaftsprüfer: BDO

INVESTOR-INFORMATIONEN
©boersengefluester.de
Basler
WKN Kurs in € Einschätzung Börsenwert in Mio. €
510200 47,400 Kaufen 497,70
KGV 2021e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
29,63 21,80 1,439 48,17
KBV KCV KUV EV/EBITDA
4,96 20,11 3,07 17,106
Dividende '19 in € Dividende '20e in € Div.-Rendite '19e
in %
Hauptversammlung
0,26 0,26 0,55 26.05.2020
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
07.05.2020 06.08.2020 05.11.2020 30.03.2020
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
-15,66% -8,92% -12,87% 2,93%
    
Weitere Ad-hoc und Unternehmensrelevante Mitteilungen zu Basler AG  ISIN: DE0005102008 können Sie bei DGAP abrufen

Inspektionssysteme , 510200 , BSL , XETR:BSL