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
Basler is a leading manufacturer of high-quality digital cameras for industrial applications, medical devices, and traffic systems. Product development is driven by industry requirements. The cameras offer easy integration, compact size, excellent image quality, and an outstanding price/performance ratio. Basler has more than 25 years of experience in vision technology. The company employs over 500 persons at its headquarter in Ahrensburg, Germany, as well as in international subsidiaries and offices in the USA, Singapore, Taiwan, Japan, and Korea.