12.06.2014
Basler AG DE0005102008
DGAP-Adhoc: Basler AG raises forecast for fiscal year 2014
Basler AG / Key word(s): Change in Forecast
12.06.2014 14:32
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a company of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Adhoc announcement according to §15 WpHG
Raising of forecast
Basler AG raises forecast for fiscal year 2014
- New sales forecast: Euro 73 - 76 million
- New profit forecast: EBT-margin 12 - 14 %
Ahrensburg, June 12, 2014 - BASLER AG, one of the leading global
manufacturers of cameras for industry and video surveillance applications,
is raising the forecast for fiscal year 2014 after the results for May 2014
were approved in today's meeting of the management board.
Due to unexpected positive incoming orders - particularly from the Asian
market - the business performance is better than planned. Therefore, the
management board of Basler AG is increasing today the sales forecast for
fiscal year 2014 from Euro 70 - 74 million to Euro 73 - 76 million.
Furthermore, positive margin effects due to a favorable product mix as well
as economies of scale for fixed costs lead to an above plan pre-tax result.
This prompts the management board to also increase the profit forecast for
fiscal year 2014. Since a significant cooling in the second half of fiscal
year 2014 is not expected, the company henceforth expects a pre-tax return
margin of 12 - 14 % (formerly 8 - 10 %).
Basler is a leading developer and manufacturer of high grade digital
cameras for applications in industry, video surveillance, medicine, and
traffic. Product development is driven by industry requirements. The
cameras provide easy integration, compact sizes, and an outstanding
price/performance ratio. Basler has more than 25 years of experience in
image processing and has been developing and producing high grade digital
cameras for 15 years. The company employs approximately 400 employees in
its headquarters in Ahrensburg, Germany, and in the subsidiaries in the
USA, Singapore, Taiwan, and Korea.
Basler AG, Hardy Mehl (CFO), An der Strusbek 60 - 62, D-22926 Ahrensburg,
Tel. +49 - 4102- 463 100, ir/baslerweb.com, www.baslerweb.com, ISIN DE
0005102008
12.06.2014 DGAP's Distribution Services include Regulatory Announcements,
Financial/Corporate News and Press Releases.
Media archive at www.dgap-medientreff.de and 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: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr
in Berlin, Düsseldorf, Hamburg, München, Stuttgart
End of Announcement DGAP News-Service
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