EANS-Adhoc: Basler AG reports preliminary business figures for 2011: 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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13.02.2012
- Sales EUR 55.1 million (2010: EUR 51.0 million, +8%)
- Earnings before taxes EUR 5.6 million (2010: EUR 5.0 million, +12%)
- Cash flow from operational activity EUR 13.7 million (2010: EUR 11.8 million,
+16%)
Ahrensburg, February 13, 2012, - BASLER AG, one of the leading global
manufacturers of cameras for industry and video surveillance applications, is
releasing preliminary figures for fiscal year 2011.
The group's turnover increased in fiscal year 2011 by 8% to EUR 55.1 million
(previous year: EUR 51.0 million). The gross profit margin amounted to 44.2%
(previous year: 43.5%). The earnings before taxes increased by 12% to EUR 5.6
million (previous year: EUR 5.0 million). The pre-tax return reached 10.2%
(previous year: 9.8%). With these results the company's forecast communicated
to the capital market has been achieved.
The cash flow from operational activity amounted to EUR 13.7 million (previous
year: EUR 11.8 million +16%). The free cash flow calculated as the sum of cash
flows from operational activity and investment reached a value of EUR 6.9
million (previous year: EUR 5.7 million, +21%). The positive development of the
cash flow is due to decreased average delivery times and shorter collection
periods for receivables as a result of the intense working capital management.
In 2011 Basler AG achieved the best result in the company's history. The new
strategic alignment agreed upon 3 years ago with focus on the camera business
is proving successful.
These provisional figures are awaiting attestation by the auditors and approval
by the Supervisory Board. The definitive figures for fiscal year 2011, the
annual report for 2011, and the forecast for fiscal year 2012 will be presented
on March 26, 2012.
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.
Further inquiry note:
Verena Fehling
Investor Relations
Telefon: +49(0)4102 463-100
E-Mail: ir@baslerweb.com
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: info@baslerweb.com
WWW: http://www.baslerweb.com
sector: Semiconductors & active components
ISIN: DE0005102008
indexes: CDAX
stockmarkets: free trade: Berlin, München, Hamburg, Düsseldorf, Stuttgart,
regulated dealing/prime standard: Frankfurt
language: English