EANS-Adhoc: Basler AG / Preliminary figures for Q3-2010 - Management Board increases guidance
- Preliminary sales Q3-2010: EUR15.8 mill. (Q3-2009: EUR8.4 mill., +88 %) - ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro adhoc with the aim of a Europe-wide distribution. The issuer is solely responsible for the content of this announcement.
- Preliminary pre-tax earnings (EBT) Q3-2010: EUR1.8 mill. (Q3-2009: EUR-0.6 mill., + EUR2.4 mill.)
- 2010 sales forecast now EUR46 - 48 mill. (was EUR43 - 45 mill.)
- 2010 EBT forecast now >EUR4.1 mill. (was >EUR3.5 mill.)
Ahrensburg, October 20th, 2010 - The third quarter of 2010 went better than expected for Basler AG. According to preliminary figures, sales and pre-tax earnings were significantly above previous year's levels and beyond management board's expectations.
Group sales for Q3-2010 increased to EUR15.8 mill., exceeding previous year´s level of EUR8.4 mill. by 88 %. Earnings before taxes (EBT) for the Group were EUR1.8 mill., up EUR2.4 mill. against the previous year's value of EUR-0.6 mill. The EBT-margin for the third quarter was 11,4 %.
Assuming continued market development we once again increase our guidance for the fiscal year 2010. We expect Group sales to grow to a level between EUR46 mill. and EUR48 mill. (prev. guidance: EUR43 - 45 mill.; 2009 sales: EUR33.7 mill.) at an EBT of no less than EUR4.1 mill. (prev. guidance: > EUR3.5 mill.; 2009 EBT: EUR-8.0 mill.).
The financial report for the 3rd quarter 2010 will be published on November 16th 2010.
end of announcement euro adhoc
issuer: Basler AG An der Strusbek 60-62 D-22926 Ahrensburg phone: +49 (0) 4102 463 0 FAX: +49 (0) 4102 463 108 mail: email@example.com WWW: http://www.baslerweb.com sector: Semiconductors & active components ISIN: DE0005102008 indexes: CDAX
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