- 15.02.2011, 10:22:04
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- OTS0084 OTW0084
EANS-Adhoc: Basler AG reports preliminary business figures for 2010: Best results in the company's history
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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.
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15.02.2011
- Increase in sales by 51.3 % to EUR 51.0 million (previous year: EUR 33.7
million)
- Positive earnings before taxes amounting to EUR 5.0 million (previous year:
EUR -8.0 million)
- Significant increase of cash flow from operational activity to EUR 9.6 million
(previous year: EUR 5.9 million)
Ahrensburg, February 15, 2011, - BASLER AG, one of the globally leading
manufacturers of cameras for industry and video surveillance, is presenting
today preliminary figures for fiscal year 2010 (unaudited.
The group's turnover increased in fiscal year 2010 by 51.3 % to EUR 51.0 million
(previous year: EUR 33.7 million). The gross profit margin increased to 43.1 %
after 34.4 % in the previous year. The earnings before taxes increased to EUR
5.0 million (previous year: EUR -8.0 million). The pre-tax return amounted to
9.8 % (previous year: -23.7 %). Resulting from newly valued capitalized loss
carryforwards the group's annual surplus increased to EUR 8.3 million (previous
annual deficit: EUR -10.6 million). The earnings per share amounted to EUR 2.38
(previous year: EUR -3.02). The previous forecast made for fiscal year 2010 was
surpassed again slightly due to the fourth quarter having been better than
expected.
Despite the strong rise in sales Basler AG achieved a very good cash flow in the
reporting period. The cash flow from operational activity amounted to EUR 9.6
million (previous year: EUR 5.9 million). The free cash flow calculated as the
sum of cash flows from operational activity and investment reached a value of
EUR 3.5 million (previous year: EUR 0.9 million). The positive development of
the cash flow resulted from significantly decreased average delivery times,
shorter collection periods for receivables, and an intense working capital
management.
Overall, Basler AG realized the best result in the company's history in fiscal
year 2010 and, accordingly, merely one year after the global economic and
financial crisis. The new strategic alignment that was carried out during the
past 18 months with focus on the camera business has proven successful.
These provisional figures are awaiting attestation by the auditors and approval
by the Supervisory Board. The definitive figures for fiscal year 2010, the
annual report for 2010, and the forecast for fiscal year 2011 will be presented
on March 30, 2011.
Further inquiry note:
Maren Schuster
Investor Relations
Telefon: +49(0)4102 463-100
E-Mail: [email protected]
end of announcement euro adhoc
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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 protected]
WWW: http://www.baslerweb.com
sector: Semiconductors & active components
ISIN: DE0005102008
indexes: CDAXstockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English
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