BASLER AG (FRA:BSL) Basler AG: Basler AG publishes preliminary figures for the first quarter and increases the annual forecast for financial year 2021

Transparency directive : regulatory news

04/05/2021 16:18

DGAP-Ad-hoc: Basler AG / Key word(s): Preliminary Results/Change in Forecast
Basler AG: Basler AG publishes preliminary figures for the first quarter and increases the annual forecast for financial year 2021

04-May-2021 / 16:18 CET/CEST
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Inside Information according to Article 17 MAR
Preliminary quarterly result / Adjustment Forecast

Basler AG publishes preliminary figures for the first quarter and increases the annual forecast for financial year 2021

Ahrensburg, May 4, 2021 - Today, BASLER AG, a leading manufacturer of computer vision components, publishes its preliminary result for the first quarter of 2021 and adjusts its sales and profit forecast for financial year 2021 upwards.

The Basler group closed the first three months 2021 with very positive results and thus started powerfully the new financial year 2021.

Compared to the first quarter of the previous year, the company achieved an increase in sales by 25 % to € 54.6 million (previous year: € 43.7 million). Incoming orders increased by 27 % to € 67.3 million (previous year: € 52.9 million). The earnings before taxes increased by € 3.6 million to € 9.9 million (previous year: € 6.3 million), compared to the previous year. Thus, the pre-tax return rate of the first three months amounts to 18 %. With an annual surplus of € 7.8 million (previous year: € 4.7 million) the company reports a growth of 66 % compared to the previous year.

Against the background of the first quarter results and persistently strong incoming orders in the month of April, the management increases its forecast for the financial year 2021. The originally expected sales corridor of € 190 million - € 210 million will be increased to € 205 million - € 225 million. As a result of the increased sales the pre-tax return rate is expected to be stronger. The forecast for the pre-tax return rate increases from 12 - 14 % to 13 - 15.5 %.

The broad forecast corridor reflects the strong dynamic on the sales markets and the risks on the procurement markets for semiconductor and electronic components.

The final figures of the first quarter of 2021 as well as more detailed information together with the quarterly report will be published on May 6, 2021 under www.baslerweb.com/reports.

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Basler is a leading international manufacturer of high-quality imaging components for computer vision applications. In addition to classic area scan and line scan cameras, lenses, frame grabbers, light modules, and software, the company offers embedded vision modules and solutions, 3D products, as well as customized products and consulting services. Basler's products are used in a variety of markets and applications, including factory automation, medical, logistics, retail, and robotics. They are characterized by high reliability, an excellent price/performance ratio, and long-term availability. Founded in 1988, the Basler Group employs around 800 people at its headquarters in Ahrensburg and other locations in Europe, Asia and North America. Thanks to its worldwide sales and service organization and cooperation with renowned partners, it offers solutions that fit for customers from a wide range of sectors

Basler AG, Hardy Mehl (CFO/COO), An der Strusbek 60 - 62, 22926 Ahrensburg, Tel. +49 (0)4102-463101, ir/baslerweb.com, www.baslerweb.com, ISIN DE 0005102008




Contact:
Basler AG
Verena Fehling
Tel. +49 4102 463 101
Email: Verena.fehling@baslerweb.com

04-May-2021 CET/CEST The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de


Language: English
Company: Basler AG
An der Strusbek 60-62
22926 Ahrensburg
Germany
Phone: 04102-463 0
Fax: 04102-463 109
E-mail: ir@baslerweb.com
Internet: www.baslerweb.com
ISIN: DE0005102008
WKN: 510200
Listed: Regulated Market in Frankfurt (Prime Standard); Regulated Unofficial Market in Berlin, Dusseldorf, Hamburg, Munich, Stuttgart, Tradegate Exchange
EQS News ID: 1192440

 
End of Announcement DGAP News Service

1192440  04-May-2021 CET/CEST

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