16.02.2015
Basler AG DE0005102008
DGAP-Adhoc: Basler AG: Preliminary business figures for 2014 - Basler continues its course of strong growth
Basler AG / Key word(s): Preliminary Results/Final Results
16.02.2015 11:38
Dissemination of an Ad hoc announcement according to § 15 WpHG, transmitted
by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.
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Ad hoc announcement according to §15 WpHG
- Sales EUR 79.2 million (2013: EUR 65.1 million, +22 %)
- Incoming orders EUR 82.7 million (2013: EUR 68.6 million, +21 %)
- Earnings before taxes EUR 11.1 million (2013: EUR 7.8 million, +42 %)
- Free cash flow EUR 7.4 million (2013: EUR 5.6 million, 32 %)
Ahrensburg, February 16, 2015 - BASLER AG, one of the leading global
manufacturers of cameras for industry and video surveillance applications,
is releasing preliminary figures for fiscal year 2014 today.
The group's sales increased in fiscal year 2014 by 22 % to EUR 79.2 million
(previous year: EUR 65.1 million). Incoming orders increased by 21 % to EUR
82.7 million (previous year: EUR 68.6 million). The gross profit margin
amounted to 51.8 % (previous year: 49.9 %). The earnings before taxes
increased by 42 % to EUR 11.1 million (previous year: EUR 7.8 million). The
pre-tax margin increased to 14 % (previous year: 12 %). With these results
the company's forecast communicated to the capital market has been achieved
at the upper end.
The cash flow from operations developed very well and increased to EUR 16.0
million (previous year: EUR 12.1 million; +32 %). The free cash flow
calculated as the sum of cash flows from operations and cash flow for
investments reached a value of EUR 7.4 million (previous year: EUR 5.6
million, +32 %).
With these results, Basler AG exceeds its previous business year's record
values and achieved by far its best results in the history of the company.
Due to a major contract, the first weeks of the financial year 2015 started
off very positively and it can already be said that the first quarter will
be particularly strong with correspondingly good results compared to the
previous years'.
These provisional figures are awaiting final approval by the auditors and
the supervisory board. The definitive figures for fiscal year 2014, the
annual report for 2014, and the forecast for fiscal year 2015 will be
released on March 24, 2015.
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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, China, Japan, 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
16.02.2015 The DGAP 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: Regulated Market in Frankfurt (Prime Standard); Regulated
Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich,
Stuttgart
End of Announcement DGAP News-Service
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