Business figures for the first nine months of 2013: Basler continues on course for success - profit forecast increased
- Incoming orders: € 51.1 million (previous year: € 44.5 million, +15 %)
- Sales: € 49.1 million (previous year: € 41.8 million, +17 %)
- Earnings before interest and taxes (EBIT): € 6.5 million (previous year: € 5.0 million, +31 %)
- Pre-tax earnings: € 5.9 million (previous year: € 4.2 million, +43 %)
- Pre-tax return: 12 % (previous year: 10 %)
BASLER AG, one of the leading global manufacturers of industrial cameras, is presenting today final figures for the first nine months of 2013.
Incoming orders for the group amounted to € 51.1 million in the first nine months of 2013 (previous year: € 44.5 million, +15 %). The group's sales revenues amounted to € 49.1 million and were thus 17 % higher than the previous year's figure of € 41.8 million. The gross profit margin increased by almost 4 percentage points to 49.3 % (previous year: 45.7 %). Earnings before taxes (EBT) for the group increased by 43 % to € 5.9 million (previous year: € 4.2 million). The pre-tax return amounted to 12 % (previous year: 10 %).
"Given continuing restrained macroeconomic conditions, the incoming order rate, promising market launch of important new products, and our strong sales positioning give us great confidence for the future", explains Dietmar Ley (CEO).
Due to these positive results, Basler increased its profit forecast for the financial year 2013 in mid-October and will henceforth assume a pre-tax return of 11 - 12 % (previously 10 - 11 %). The sales forecast of € 63 - 65 million remains unchanged.
The complete nine-month report for 2013 can be accessed on the company's web site (www.baslerweb.com).
Basler is a leading developer and manufacturer of high grade digital cameras for applications in industry, video surveillance, medicine, and traffic. Product development is driven by industry requirements. The cameras provide easy integration, compact sizes, and an outstanding price/performance ratio. Basler has more than 25 years of experience in image processing and has been developing and producing high grade digital cameras for 15 years. The company employs approximately 350 employees in its headquarters in Ahrensburg, Germany, and in the subsidiaries in the USA, Singapore, Taiwan, and Korea.