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Basler AG An der Stusbek 60 - 62 22926 Ahrensburg, Germany http://www.baslerweb.com
Contact Ms Verena Fehling +49 4102 463100
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Basler AG

Basler AG: Third quarter of 2009 - low point in demand has passed - cost-cutting program is effective according to plan - profit situation distinctly improved compared to the first half-year

(PresseBox) (Ahrensburg, )
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- Incoming orders and sales have slightly increased compared to both preceding quarters of 2009
- Progress as planned for realizing the new corporate strategy and the cost-cutting program
- Break-even point was decreased by approx. 25 % compared to the end of 2009
- Working capital decreased by approx. 40 % compared to previous year
- Incoming orders: EUR 8.1 million (previous year: EUR 11.3 million), sales: EUR 8.4 million (previous year: EUR 15.3 million), pre-tax earnings: EUR -0.6 million (previous year: EUR 1.2 million), free cash flow: EUR 1.7 million (previous year: EUR 1.7 million)

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