Basler AG raises forecast for fiscal year 2016

New sales forecast: Euro 92 - 94 million / New profit forecast: EBT-margin 10 - 11 %

Ahrensburg, (PresseBox) - BASLER AG, the leading global manufacturer of industrial cameras, is raising the forecast for fiscal year 2016.

Due to strong incoming orders and sales in the first half year 2016 particularly from the Asian market - the business performance is better than expected.  Therefore, the management board of Basler AG increases today the sales forecast for fiscal year 2016 from Euro 90 - 92 million to Euro 92 - 94 million.

Furthermore, the higher sales level as well as stable gross margins prompt the management board to also increase the profit forecast for the current fiscal year. The company henceforth expects a pre-tax return margin of 10 11 % (formerly 9 - 10 %).

Basler is a leading global manufacturer of digital cameras for industrial applications, medical devices, and traffic systems. The cameras offer easy integration, compact size, excellent image quality, and a very strong price/performance ratio. 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.

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