Basler AG
Basler AG: Basler AG raises forecast for fiscal year 2016
Basler AG / Key word(s): Change in Forecast 27.10.2016 16:14 Disclosure of an inside information according to Article 17 MAR, transmitted by DGAP - a service of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- - New sales forecast: Euro 94 - 96 million - New profit forecast: EBT-margin 11 - 12 % Ahrensburg, October 27, 2016 - BASLER AG, the leading global manufacturer of industrial cameras, is raising the forecast for fiscal year 2016. Due to strong incoming orders and sales in the first nine month of 2016 - particularly from the Asian market - the business performance is better than expected. Therefore, the management board of Basler AG increases today the sales forecast for fiscal year 2016 from Euro 92 - 94 million to Euro 94 - 96 million. Furthermore, the higher sales level as well as stable gross margins prompt the management board to also increase the profit forecast for the current fiscal year. The company henceforth expects a pre-tax return margin of 11 - 12 % (formerly 10 - 11 %). --------------------------------------------------------------------------- Basler is a leading global manufacturer of digital cameras for industrial applications, medical devices, and traffic systems. The cameras offer easy integration, compact size, excellent image quality, and a very strong price/performance ratio. Basler has more than 25 years of experience in vision technologies. The company employs 500 people at its headquarters in Ahrensburg, Germany, as well as in international subsidiaries and offices in Europe, Asia, and the Americas. Basler AG, Hardy Mehl (CFO/COO), An der Strusbek 60 - 62, 22926 Ahrensburg, Tel. +49 (0)4102-463100, ir/baslerweb.com, www.baslerweb.com, ISIN DE 0005102008 27.10.2016 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 End of Announcement DGAP News-Service ---------------------------------------------------------------------------
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