EANS-Adhoc: Basler AG
Preliminary figures for Q1-2011:
Business with digital cameras reaches new record levels in incoming orders,
sales, and profit
-------------------------------------------------------------------------------- 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. --------------------------------------------------------------------------------
quarterly report/Preliminary figures for Q1-2011
21.04.2011
Ad hoc information according to § 15 WpHG Business figures / earnings forecast
Basler AG: - Incoming orders: EUR 17.2 million (Q1-2010: EUR 12.2 million, +41%) - Sales: EUR 13.7 million (Q1-2010: EUR 9.3 million, +47%) - Pre-tax earnings (EBT): EUR 1.6 million (Q1-2010: EUR 0.4 million, +300%) - Pre-tax margin: 11.7% (Q1-2010: 4.7%; +7.0 percentage points)
Ahrensburg, April 21, 2011, - Basler AG started successfully into fiscal year 2011. The preliminary results for incoming orders, sales, and pre-tax earnings in Q1-2011 exceeded significantly the previous year's figures.
In the first three months, Basler AG recorded incoming orders of EUR 17.2 million. This corresponds to an increase by 41% (Q1-2010: EUR 12.2 million). The group's sales increased to EUR 13.7 million in the first quarter of 2011, exceeding the previous year's value of EUR 9.3 million by 47%. The group's earnings before taxes (EBT) amounted to EUR 1.6 million and thus improved by EUR 1.2 million compared to the Q1-2010 figure of EUR 0.4 million (+300%). The pre-tax (EBT) margin climbed in the reporting period to 11.7% (Q1-2010: 4.7%, +7.0 percentage points).
Based on these good results, the Management Board assumes for the current fiscal year significant increases in incoming orders, sales, and profit compared to the previous year. However, the high growth rates of the first quarter should not be extrapolated for the remaining year as macro-economic risks have increased recently and therefore market conditions for the second half-year of 2011 are still subject to uncertainty.
Under the assumption of a continuous market development, the company expects 2011 group turnover to be within a corridor of EUR 54 to 58 million (previous forecast: EUR 53 to 58 million; 2010: EUR 51.0 million) and pre-tax earnings to be no less than EUR 5.4 million (previous forecast: > EUR 5 million; 2010: EUR 5.0 million) for fiscal year 2011.
The financial report for the first quarter of 2011 will be published on May 02, 2011.
Basler AG, Dr. Dietmar Ley (CEO), An der Strusbek 60 - 62, D-22926 Ahrensburg, Tel. +49 - 4102 - 463 100, ir/baslerweb.com, www.baslerweb.com, ISIN DE 0005102008
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Contact:
Verena Fehling
Investor Relations
Telefon: +49(0)4102 463-101
E-Mail: ir@baslerweb.com
Branche: Semiconductors & active components
ISIN: DE0005102008
WKN: 510200
Index: CDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade