Preliminary business figures for 2013: Basler heading for success
- Sales € 65.1 million (2012: € 55.9 million, +16%)
- Incoming orders € 68.6 million (2012: € 60.6 million, +13%)
- Earnings before taxes € 7.8 million (2012: € 5.6 million, +39%)
- Free cashflow € 5.6 million (2012: € 6.3 million, -11%)
BASLER AG, one of the leading global manufacturers of cameras for industry and video surveillance applications, is releasing today preliminary figures for fiscal year 2013.
The group's sales increased in fiscal year 2013 by 16% to € 65.1 million (previous year: € 55.9 million). Incoming orders increased by 13% to € 68.6 million (previous year: € 60.6 million). The gross profit margin amounted to 49.9% (previous year: 48.1%). The earnings before taxes increased by 39% to € 7.8 million (previous year: € 5.6 million). The pre-tax margin increased to 12% (previous year: 10%). With these results the company's forecast communicated to the capital market has been achieved at the upper end.
The cash flow from operations remained stable with € 12.1 million (previous year: € 12.6 million; -4%). The free cash flow calculated as the sum of cash flows from operations and cash flow for investments reached a value of € 5.6 million (previous year: € 6.3 million, -11%).
These results are by far the best to date in the history of Basler AG.
These provisional figures are awaiting final approval by the auditors and the supervisory board. The definitive figures for fiscal year 2013, the annual report for 2013, and the forecast for fiscal year 2014 will be released on March 27, 2014.
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, China and Korea.