Preliminary business figures for the first nine months of 2013: Basler continues dynamic growth - profit forecast increased
- Incoming orders: Euro 51.1 million (previous year: Euro 44.5 million, +15%)
- Sales: Euro 49.1 million (previous year: Euro 41.8 million, +17%)
- Earnings before interest and taxes (EBIT): Euro 6.5 million (previous year: Euro 5.0 million, +31%)
- Pre-tax earnings: Euro 5.9 million (previous year: Euro 4.2 million, +43%)
- New profit forecast: EBT-margin: 11 - 12%
BASLER AG, one of the leading global manufacturers of cameras for industry and video surveillance applications, is releasing today preliminary figures for the first nine months of 2013.
The group's incoming orders increased by 15% to Euro 51.1 million (previous year: Euro 44.5 million). The group's sales revenues amounted to Euro 49.1 million and where thus 17% higher than the previous year's figure of Euro 41.8 million.
In the first nine months of 2013, Basler AG achieved earnings before taxes (EBT) for the group of Euro 5.9 million which is an increase of 43% compared to the previous year's figure of Euro 4.2 million. The earnings before taxes for the group in the first nine months of 2013 are therefore higher than during the overall fiscal year 2012. The pre-tax return amounted to 12% (previous year: 10%) and was therefore above the corridor most recently predicted for the fiscal year of 10 - 11%.
Thus, so far Basler AG performed better than expected in the 2013 fiscal year. For the fourth quarter 2013, we expect our business to develop as planned. Thus, we again increase our profit forecast for 2013 and forecast from now on a pre-tax return margin of 11 - 12% (previously 10 - 11%).
The definitive figures for the first nine months of fiscal year 2013 will be published on November 11th, 2013.
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 subsidiaries in the USA, Singapore, Taiwan, Korea, and Japan.