02.11.2016
Basler AG DE0005102008
DGAP-News: Basler AG: Business figures for the first nine months of 2016: Basler closes 3rd quarter with strong incoming orders and sales
DGAP-News: Basler AG / Key word(s): 9-month figures
Basler AG: Business figures for the first nine months of 2016: Basler closes
3rd quarter with strong incoming orders and sales
02.11.2016 / 06:40
The issuer is solely responsible for the content of this announcement.
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Corporate News
Geschäftszahlen / 9-Monatsbericht
Geschäftszahlen für die ersten 9 Monate 2016:
Basler schließt 3. Quartal erneut mit starkem Auftragseingang und Umsatz ab
- Incoming orders: EUR 76.5 million (previous year: EUR 62.0 million, +23
%)
- Sales: EUR 72.2 million (previous year: EUR 66.3 million, +9 %)
- EBIT: EUR 9.2 million (previous year: EUR 9.1 million, +1 %)
- Pre-tax result: EUR 8.6 million (previous year: EUR 8.5 million, +1 %)
- Pre-tax return rate: 12 % (previous year: 13 %)
- Free cash flow: EUR 6.1 million (previous year: EUR 0.5 million, >100
%)
Ahrensburg, November 2, 2016 -BASLER AG, one of the leading global
manufacturers of industrial cameras, is releasing today the final figures
for the first nine months of 2016.
In the first nine months of 2016 the group's incoming orders amounted to
EUR 76.5 million (previous year: EUR 62.0 million, +23 %). The group's
sales of EUR 72.2 million Euro were 9% above the previous year's value (EUR
66.3 million). The gross profit margin was 49.0 % (previous year: 48.6 %).
The group's earnings before taxes (EBT) amounted to EUR 8.6 million
(previous year: EUR 8.5 million) and was thus on the same level as the
previous year. The pre-tax return rate was 12 % (previous year: 13 %). The
free cash flow increased significantly to EUR 6.1 million (previous year:
EUR 0.5 million). It covered the cash flow from financing activity in an
amount of EUR -3.8 million and led to a liquidity surplus of EUR 2.2
million.
"In a relatively weak market environment, Basler AG closed the first nine
months of 2016 with strong results in incoming orders and sales. Although
the VDMA (Verband Deutscher Maschinen- und Anlagenbau, German Engineering
Federation) reported a stagnant market for German manufacturers of image
processing components for the first eight months of the year, Basler AG has
increased sales by 9%. Regarding the incoming orders Basler AG was able to
achieve +23 % which is significantly better than the market with +10 %.
With this tailwind we are confident about the remaining weeks of the
financial year", said Hardy Mehl, CFO.
For 2016, the company plans with a sales corridor of Euro 94 - 96 million
at an EBT margin between 11 - 12 %.
The full nine-month report 2016 can be seen on the company's website
(www.baslerweb.com).
___________________________________________________________________________
Basler is a leading manufacturer of high-quality digital cameras for
industrial applications, medical devices, and traffic systems. Product
development is driven by industry requirements. The cameras offer easy
integration, compact size, excellent image quality, and an outstanding
price/performance ratio. Basler has more than 25 years of experience in
vision technology. The company employs over 500 persons at its headquarter
in Ahrensburg, Germany, as well as in international subsidiaries and
offices in the USA, Singapore, Taiwan, Japan, and Korea.
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
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02.11.2016 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
End of News DGAP News Service
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516473 02.11.2016
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