Basler AG Report Figures For First Nine Months of 2013

BASLER AG, one of the leading global manufacturers of industrial cameras, is presenting final figures for the first nine months of 2013. Incoming orders for the group amounted to EUR 51.1 million in the first nine months of 2013 (previous year: EUR 44.5 million, +15%).

The group’s sales revenues amounted to EUR 49.1 million and were thus 17% higher than the previous year’s figure of EUR 41.8 million. The gross profit margin increased by almost 4 percentage points to 49.3% (previous year: 45.7%).

Earnings before taxes (EBT) for the group increased by 43% to EUR 5.9 million (previous year: EUR 4.2 million). The pre-tax return amounted to 12% (previous year: 10%).

‘Given continuing restrained macroeconomic conditions, the incoming order rate, promising market launch of important new products, and our strong sales positioning give us great confidence for the future’, explains Dietmar Ley (CEO).

Due to these positive results, Basler increased its profit forecast for the
financial year 2013 in mid-October and will henceforth assume a pre-tax
return of 11 – 12% (previously 10 – 11%). The sales forecast of EUR 63 –
65 million remains unchanged. […]

Source: wallstreet-online.de
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