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Business figures for the first six months of 2016: Basler reaches new record values for incoming orders and sales
Incoming orders: EUR 50.2 million (previous year: EUR 41.6 million, +21 %)
Sales: EUR 48.5 million (previous year: EUR 44.2 million, +10 %)
EBIT: EUR 5.7 million (previous year: EUR 5.6 million, +2 %)
Pre-tax result: EUR 5.3 million (previous year: EUR 5.3 million)
Pre-tax return rate: 11 % (previous year: 12 %)
BASLER AG, one of the leading global manufacturers of industrial cameras, is releasing today the figures for the first half-year of 2016.
In the first six months of 2016, incoming orders of the group amounted to EUR 50.2 million (previous year: EUR 41.6 million, +21 %). The group's sales of EUR 48.5 million were 10 % above the previous year's value of EUR 44.2 million. The gross profit margin was at 49.7 % (previous year: 48.4 %). The group's earnings before taxes (EBT) amounted to EUR 5.3 million (previous year: EUR 5.3 million) and was thus on the same level as in the previous year. The pre-tax return rate was 11 % (previous year: 12 %).
"In a dynamic market environment, Basler AG closed the first half-year of 2016 with record values in incoming orders and sales. For the first five months of the year, the VDMA (Verband Deutscher Maschinen- und Anlagenbau; German Engineering Federation) reported a stagnant market for the German manufacturers of image processing components. Compared to the market, in the first half-year, Basler AG achieved an increase in sales of 10 % and thus clearly gained market shares. With this tailwind we start well into the second half-year of 2016 ", said Hardy Mehl, CFO.
The company recently increased its forecast for 2016 and is now expecting sales for the group within a corridor of EUR 92 - 94 million at a pre-tax return margin of 10 - 11 %.
The complete six-month report for 2016 can be accessed via the company's website: www.baslerweb.com
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