Basler Reports Business Figures for 2012: Still on Course of Success

Basler building

Basler building

11 March 2013

• Sales: € 55.9 million (previous year: € 55.1 million)
• Earnings before taxes: € 5.6 million (previous year: € 5.6 million)
• Free cash flow: € 6.3 million (previous year: € 6.9 million)
• Forecast for 2013: Sales € 60-63 million, pre-tax return 8-10 %

Ahrensburg, 28 March 2013 – Basler AG, one of the leading global manufacturers of industrial cameras, is presenting today its audited annual report 2012.

The group's sales increased in fiscal year 2012 by 1 % to € 55.9 million (previous year: € 55.1 million). The gross profit margin increased to 48.1 % after 44.3 % in the previous year. The earnings before taxes amounted to € 5.6 million (previous year: € 5.6 million). The pre-tax return amounted to 10.0 % (previous year: 10.2 %). With these results, the previous guidance communicated by the company has been achieved at the upper end.

The cash flow from operational activity amounted to € 12.6 million (previous year: € 13.7 million -8%). The free cash flow calculated as the sum of cash flows from operational activity and investment reached a value of € 6.3 million (previous year: € 6.9 million, -9%).

In 2012, Basler AG achieved again one of the best results in the company's history. The focusing on the camera business agreed upon 4 years ago was concluded at the end of the reporting period so that the company starts as a pure camera manufacturer into its 25th fiscal year of 2013.

Against this background, as in the two previous years, Basler AG will propose to this year's general meeting the distribution of a dividend of 30 cents per share.

For fiscal year 2013, the Basler group expects the sales revenues to increase to € 60 million to € 63 million. Due to attractive growth opportunities in the industrial camera market, investments in future sales growth will be continued with unabated intensity. As far as earnings are concerned, Basler AG is assuming a solid pre-tax return between 8 % and 10 % depending on the sales trend.

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