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Press release Box-ID: 382767

Basler AG An der Stusbek 60 - 62 22926 Ahrensburg, Germany http://www.baslerweb.com
Contact Mr Dr. Dietmar Ley +49 4102 463100
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Basler AG

Basler AG: Preliminary figures for Q3-2010 - Management Board increases guidance

(PresseBox) (Ahrensburg, )
.
- Preliminary sales Q3-2010: €15.8 mill. (Q3-2009: €8.4 mill., +88 %)
- Preliminary pre-tax earnings (EBT) Q3-2010: €1.8 mill. (Q2-2009: €-0.6 mill., + €2.4 mill.)
- 2010 sales forecast now €46 - 48 mill. (was €43 - 45 mill.)
- 2010 EBT forecast now >€4.1 mill. (was >€3.5 mill.)

The third quarter of 2010 went better than expected for Basler AG. According to preliminary figures, sales and pre-tax earnings were significantly above previous year's levels and beyond management board's expectations.

Group sales for Q3-2010 increased to €15.8 mill., exceeding previous year's level of €8.4 mill. by 88 %. Earnings before taxes (EBT) for the group were €1.8 mill., up €2.4 mill. against the previous year's value of €-0.6 mill.. The EBT-margin for the third quarter was 11,4%.

Assuming continued market development we once again increase our guidance for the fiscal year 2010. We expect group sales to grow to a level between €46 mill. and €48 mill. (prev. guidance: €43 - 45 mill.; 2009 sales: €33.7 mill.) at an EBT of no less than €4.1 mill. (prev. guidance: > €3.5 mill.; 2009 EBT: €-8.0 mill.).

The financial report for the 3rd quarter 2010 will be published on November 20th 2010.
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The publisher indicated in each case is solely responsible for the press releases above, the event or job offer displayed, and the image and sound material used (see company info when clicking on image/message title or company info right column). As a rule, the publisher is also the author of the press releases and the attached image, sound and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.