euro adhoc: Basler Vision Technologies AG
quarterly or semiannual financial
statement
Basler records sharp rise in incoming orders for Q1/2006
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
04.05.2006
Basler records sharp rise in incoming orders for Q1/2006
- Q1/2006 turnover at Euro 10.1 mill. on last year's level (Q1/2005: Euro 10.5 mill.) - Net result of Euro 0.4 mill. down on last year (Q1/2005: Euro 0.7 mill.) - Sharp 25% rise in incoming orders at Euro 12.6 mill. (Q1/2005: Euro 10.1 mill.) - Growth forecast for the whole year confirmed
Ahrensburg, 4 May 2006 - Basler AG, a leading company for Vision Technology, the technology of artificial vision, has recorded a steep rise in demand for the first quarter 2006. Whilst first quarter turnover remained on last year's level and earnings fell slightly, incoming orders recorded a sharp increase of 25%. The key figures for Basler at a glance are:
In Mill. Euro Q1/2006 Q1/2005 +/- in % Turnover 10.1 10.5 -4% Net Result 0.4 0.7 -43% Net Earnings per Share 0.11 0.19 Incoming Orders 12.6 10.1 +25%
The Vision Systems business unit (inspection systems for mass production in a range of industries) continued to profit from unabated lively demand from the flat screen industry. One of the signs of the positive new investment climate is the recent award of a major contract from Taiwan for so-called polarization foils which line the front and back of every flat screen and are crucial for their functionality. We are expecting other major contracts from this industry sector in the coming weeks - in particular orders for inspection systems for colour filters which ensure quality colour display on flat screens.
Vision Systems in Mill. Euro Q1/2006 Q1/2005 +/- in % Turnover 4.7 7.0 -33% EBIT -0.5 0.6 -183% Incoming Orders 7.0 6.8 +3%
The Vision Components business unit (digital camera solutions) has shown highly satisfactory first quarter development. It particularly benefited from a steep rise in demand from the semi-conductor and electronics industries whilst the roll-out of new products broadened its market share. First quarter turnover, incoming orders and earnings were all at an all-time high:
Vision Components in Mill. Euro Q1/2006 Q1/2005 +/- in % Turnover 5.3 3.5 +51% EBIT 1.5 0.6 +150% Incoming Orders 5.6 3.3 +70%
In view of the positive prospects which emerge from the first quarter results, we are able to reaffirm the growth forecast we made at the start of the year for overall turnover for 2006 in excess of Euro 50 mill. (2005: Euro 45 mill., +11%) with a net result of over Euro 3 mill. (2005: Euro 2.4 mill., +25%).
The complete Quarterly Report is available in PDF format at: www.baslerweb.com.
end of announcement euro adhoc 04.05.2006 06:52:55
Further inquiry note:
Christian Höck
Tel.: +49 (0)4102 463 175
E-Mail: christian.hoeck@baslerweb.com
Branche: Semiconductors & active components
ISIN: DE0005102008
WKN: 510200
Index: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade