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ots Ad hoc-Service: Basler AG <DE0005102008> Basler AG: 4th quarter results will be below expectations

Ahrensburg (ots Ad hoc-Service) -

Ad hoc-announcement edited and sent by DGAP. The sender is solely
responsible for the contents of this announcement.
In the 4th quarter 2000, sales
and results of Basler AG - a leading supplier of Vision Technology,
the technology of artificial vision - will be below expectations. The
evaluation of the figures for October and November point to a
deterioration in results following a decline in sales that the
company will not be able to make good in December. Consequently, in
the 4th quarter, Basler anticipates total operating performance of
approximately 13 million DM, EBIT of about -8 million DM and a loss
of about -8 million DM (earnings per share: about -2.29 DM). For the
year overall, total operating performance will amount to
approximately 75 million DM (compared with 71,5 Mio. DM in 1999),
EBIT to approximately -8.5 million DM (compared with 5,97 Mio. DM in
1999), a loss of about -8.5 million DM (compared with a profit of
0,65 Mio. DM in 1999) and earnings per share of about -2.42 DM.
Analysts have expected a total operating performance of approximately
80 Mio. DM and EBIT of approximately -4 Mio. DM for 2000.
The reason for these results is to be found in the high level of
initial investments in the newly established, promising business
divisions Machine Vision Components (camera division), Display
Inspection (inspection of flat screens) and Web Inspection
(inspection of plastic films). Further reason is the decline in the
market for compact discs recordable (CD-R). In this respect seasonal
factors in the so far excellent performing business with inspection
systems for DVD have a bigger impact in the 4th quarter than
expected. Finally bulk orders for the business division Display
Inspection will not be reflected in the sales figures until the first
quarter 2001, rather than in the fourth quarter 2000, as planned.
The current situation in the fourth quarter is temporarily. Basler
will begin the new year 2001 equipped with an equity ratio in excess
of 75 % and anticipates for 2001 a renewed significant increase in
sales and a return to profitability in the first place.
Further information:
Christian Höck Head of Corporate Communications
Basler Vision Technologies An der Strusbek 60-62 22926 Ahrensburg
Telefon: 04102-463 175 Fax: 04102-463 108 
christian.hoeck@baslerweb.com
End of message
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