Basler Reports Business Figures for 2012: Still on Course of Success
- Sales: € 55.9 million (previous year: € 55.1 million)
- Earnings before taxes: € 5.6 million (previous year: € 5.6 million)
- Free cash flow: € 6.3 million (previous year: € 6.9 million)
- Forecast for 2013: Sales € 60-63 million, pre-tax return 8-10 %
The group's sales increased in fiscal year 2012 by 1 % to € 55.9 million (previous year: € 55.1 million). The gross profit margin increased to 48.1 % after 44.3 % in the previous year. The earnings before taxes amounted to € 5.6 million (previous year: € 5.6 million). The pre-tax return amounted to 10.0 % (previous year: 10.2 %). With these results, the previous guidance communicated by the company has been achieved at the upper end.
The cash flow from operational activity amounted to € 12.6 million (previous year: € 13.7 million -8%). The free cash flow calculated as the sum of cash flows from operational activity and investment reached a value of € 6.3 million (previous year: € 6.9 million, -9%).
In 2012, Basler AG achieved again one of the best results in the company's history. The focusing on the camera business agreed upon 4 years ago was concluded at the end of the reporting period so that the company starts as a pure camera manufacturer into its 25th fiscal year of 2013.
Against this background, as in the two previous years, Basler AG will propose to this year's general meeting the distribution of a dividend of 30 cents per share.
For fiscal year 2013, the Basler group expects the sales revenues to increase to € 60 million to € 63 million. Due to attractive growth opportunities in the industrial camera market, investments in future sales growth will be continued with unabated intensity. As far as earnings are concerned, Basler AG is assuming a solid pre-tax return between 8 % and 10 % depending on the sales trend.
Basler is a leading global manufacturer of digital cameras for industrial and video surveillance applications, medical devices, and traffic systems. Product designs are driven by industry requirements and offer easy integration, compact size, excellent image quality, and a very strong price/performance ratio. Founded in 1988, Basler has 25 years of experience in vision technologies and has designed and manufactured high quality digital cameras for 15 years. The company employs more than 300 people at its headquarters in Ahrensburg, Germany, as well as at international subsidiaries and offices in the U.S., Singapore, Taiwan, and Korea.
Nina Mang – Communications Specialist
+49 4102 463 432