Contact
QR code for the current URL

Press release Box-ID: 859857

Basler AG An der Stusbek 60 - 62 22926 Ahrensburg, Germany http://www.baslerweb.com
Company logo of Basler AG
Basler AG

Basler AG increases guidance for financial year 2017

(PresseBox) ( Ahrensburg, )
 .


New sales forecast: Euro 140 - 150 million
New profit forecast: EBT margin 15 - 18 %


AG, the leading global manufacturer of industrial cameras is increasing its guidance for financial year 2017.

After an extraordinarily strong first quarter, incoming orders continued to develop above expectations in the second quarter. Against this background, the management board of Basler AG is increasing the sales forecast for the financial year 2017 from previously Euro 120 - 130 million to Euro 140 - 150 million.

Additionally, the higher sales level combined with stable gross margins prompts the management board to also increase the profit forecast for the current financial year. Henceforth, the expected pre-tax return margin will be within a corridor of 15 - 18 % (previously 13 - 15 %).

For the remaining two quarters, the company assumes a solid development of the incoming orders, however, not on the same high level as in the first half year of 2017.

The company's half year report will be published on August 9, 2017.

Basler AG

Basler is a leading global manufacturer of digital cameras for industrial and retail 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 500 people at its headquarters in Ahrensburg, Germany, as well as in international subsidiaries and offices in Europe, Asia, and the Americas.

Basler AG, Hardy Mehl (CFO/COO), An der Strusbek 60 - 62, D-22926 Ahrensburg, Tel. +49 - 4102-463 101, ir/baslerweb.com, www.baslerweb.com, ISIN DE 0005102008

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.
Important note:

Systematic data storage as well as the use of even parts of this database are only permitted with the written consent of unn | UNITED NEWS NETWORK GmbH.

unn | UNITED NEWS NETWORK GmbH 2002–2022, All rights reserved

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.