05.11.2020 Basler AG  DE0005102008

DGAP-News: Basler AG: Business figures for the first nine months of 2020: Basler grows at high profitability and narrows its forecast at the upper end of the corridor


 

DGAP-News: Basler AG / Key word(s): 9 Month figures
Basler AG: Business figures for the first nine months of 2020: Basler grows at high profitability and narrows its forecast at the upper end of the corridor

05.11.2020 / 07:30
The issuer is solely responsible for the content of this announcement.


Corporate News
Business fingures / nine month report

Business figures for the first nine months of 2020:
Basler grows at high profitability and narrows its forecast at the upper end of the corridor

- Incoming orders: € 128.3 million (previous year: € 122.7 million, +5 %)

- Sales: € 129.2 million (previous year: € 123.2 million, +5 %)

- EBITDA: € 28.2 million (previous year: € 23.1 million, +22 %)

- Pre-tax result: € 18.1 million (previous year: € 13.1 million, +38 %)

- Pre-tax return rate: 14.0 % (previous year: 10.6 %)

- Period surplus: € 13.7 million (previous year: € 9.3 million, +47 %)

- Free cash flow: € 7.1 million (previous year: € -14.6 million)

Ahrensburg, November 5, 2020 - BASLER AG, the leading global manufacturer of industrial cameras, is presenting today final figures for the first nine months of 2020.

The Basler group closed the first nine months with very positive results and thus laid a solid foundation for achieving the sales and profitability forecast for the full financial year 2020.

Compared to the same period of 2019, sales increased by 5 % to € 129.2 million (previous year: € 123.2 million). Incoming orders also increased by 5 % to € 128.3 million (previous year: € 122.7 million). The strong growth of the first quarter weakened in the course of the second and third quarter.

Even during the turbulent corona times, Basler developed better than the industry which reported a significant decrease in the first nine months. At the end of September 2020, the VDMA (Verband Deutscher Maschinen- und Anlagenbau, German Engineering Federation) reported a decline in sales amounting to 7 % for the accrued financial year 2020 for the German manufacturers of image processing components. According to VDMA, incoming orders of the industry even decreased by 10 % in the same period of time.

Compared to the previous year, the pre-tax result increased by € 5.0 million to € 18.1 million (previous year: € 13.1 million). Thus, the pre-tax return rate amounted to 14 % in the first nine months.

The free cash flow as sum of the cash flow from operating activities and cash flow from financing activities amounted to € 7.1 million (previous year: € -14.6 million).

The management assumes the incoming orders to seasonally increase towards the end of the year. However, the Basler group expects relatively weak sales and results for the fourth quarter. Additionally, in view of the increasing number of infections, risks in the sales and procurement markets will increase again.

These developments have already been anticipated in the business planning. Thus, the Basler management solidifies its forecast at the upper end as follows: group's sales € 165 million at a pre-tax return rate of 10 %.

Even if the current macroeconomic conditions have strong dampening effects, in principle, management is proud of what has been achieved and, in principle, positive about the future. Main growth drivers like automation, image processing in new application sectors outside the factory as well as the networking of intelligent machines and products (Industry 4.0 and / or IOT) continue to be intact, or rather in the medium-term will even be accelerated due to the corona crisis. Thus, the company still aims to reach a sales level of approximately € 250 million in its medium-term planning.

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: [email protected]


05.11.2020 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.

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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
EQS News ID: 1145654

 
End of News DGAP News Service

1145654  05.11.2020 

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Die wichtigsten Finanzdaten auf einen Blick
  2015 2016 2017 2018 2019 2020 2021e
Umsatzerlöse1 85,43 97,54 150,20 150,00 161,96 170,46 202,00
EBITDA1,2 16,00 18,76 39,65 35,97 29,96 34,57 45,00
EBITDA-Marge3 18,73 19,23 26,40 23,98 18,50 20,28 22,28
EBIT1,4 9,98 12,17 30,48 24,83 17,02 20,06 30,00
EBIT-Marge5 11,68 12,48 20,29 16,55 10,51 11,77 14,85
Jahresüberschuss1 6,21 7,93 21,63 17,01 12,87 15,11 19,50
Netto-Marge6 7,27 8,13 14,40 11,34 7,95 8,86 9,65
Cashflow1,7 12,91 16,10 28,39 27,00 24,75 37,32 40,00
Ergebnis je Aktie8 0,65 0,82 2,25 1,76 1,29 1,51 1,85
Dividende8 0,19 0,25 0,67 0,53 0,26 0,58 0,45
Quelle: boersengefluester.de und Firmenangaben

  Geschäftsbericht 2020 - 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 109,200 Kaufen 1.146,60
KGV 2022e KGV 10Y-Ø BGFL-Ratio Shiller-KGV
54,87 25,85 2,15 91,38
KBV KCV KUV EV/EBITDA
10,51 30,73 6,73 32,66
Dividende '19 in € Dividende '20e in € Div.-Rendite '20e
in %
Hauptversammlung
0,26 0,58 0,53 19.05.2021
Q1-Zahlen Q2-Zahlen Q3-Zahlen Bilanz-PK
06.05.2021 05.08.2021 04.11.2021 30.03.2021
Abstand 60Tage-Linie Abstand 200Tage-Linie Performance YtD Performance 52 Wochen
2,57% 23,80% 51,67% 74,44%
    
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Inspektionssysteme , 510200 , BSL , XETR:BSL