Basler: Preliminary business figures for the first quarter of 2013: Solid foundation laid for the new fiscal year

(PresseBox) ( Ahrensburg, )
- Incoming orders: Euro 17.6 million (previous year: Euro 13.8 million, +28 %)
- Sales: Euro 15.1 million (previous year: Euro 12.3 million, +23 %)
- Earnings before interest and taxes (EBIT): Euro 2.0 million (previous year: Euro 1.2 million, +67 %)
- Earnings before taxes (EBT): Euro 1.8 million (previous year: Euro 1.0 million, +80 %)
- Pre-tax margin: 12 % (previous year: 8%)
- Operational cash flow: Euro 1.9 million (previous year: Euro 1.4 million, +36 %)

BASLER AG, one of the leading global manufacturers of cameras for industry, video surveillance and medical and traffic applications, is releasing today preliminary figures for the first three months of 2013.

In the first quarter, the group's incoming orders amounted to Euro 17.6 million (previous year: Euro 13.8 million, +28 %). The group sales amounted to Euro 15.1 million and were 23 % above the previous year's figure of Euro 12.3 million. Compared with the previous year, the gross profit margin increased by 6 percentage points to 50.1 % (previous year: 44.1 %).

In the first three months of 2013, Basler AG achieved earnings before taxes (EBT) for the group of Euro 1.8 million compared to Euro 1.0 million in the previous year (+80 %). The pre-tax return amounted to 12 % (previous year: 8 %).

Given these results, Basler AG got off to a good start in fiscal year 2013 and is currently above the forecast corridor given at the end of the month of March.

In view of the continuing uncertainties in the markets and the resulting economic risks, for the time being the company is maintaining its sales and profit forecast for 2013. The sales will accordingly be within a corridor between Euro 60 million and Euro 63 million and the pre-tax margin will be between 9 and 10 %.

The definitive figures for the first three months of fiscal year 2013 will be published on May 7, 2013.
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