24.05.2005 – 17:10

Basler AG

euro adhoc: Basler Vision Technologies AG
other
Basler lowers 2005 forecast and stays profitable

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24.05.2005

Basler lowers 2005 forecast and stays profitable

Ahrensburg, 24 May 2005 - Basler AG, a leading vision technology
company, has corrected its full-year 2005 forecast as published in
the context of the first quarter report. The turnover forecast has
been reduced from EUR 54 million to EUR 48 million. Expected earnings
now amount to EUR 5 million as opposed to EUR 7 - 7.5 million. The
pre-tax return has declined from 13% to 10.4%.

This correction is due to the postponement of orders in the
flat-screen industry beyond the 31 December 2005 cut-off date,
resulting from a temporary decline in the demand for glass substrate
production equipment in the flat-screen industry. In addition, it now
appears that the recovery of the optical storage media equipment
market will occur later in the year than originally expected. 
Given the vision technology market’s consistent potential, Basler AG
is maintaining its strategic aim of achieving on average a 20%
turnover growth figure p.a.. After growth rates of 34% and 47% in
2003 and 2004 resp. the company lies well above the target corridor
and is not expecting any variations of the growth path.

Consequently, despite the fact that 2005 development is less solid
due to business cycle-related reasons, the company will maintain its
investment strategy as a basis for future growth. Investments will
focus on the development of further inspection solutions in the
flat-screen production field, an extension of the digital
high-performance camera portfolio and on the establishment of new
strategic business segments.

end of announcement                    euro adhoc 24.05.2005 16:35:20 

Further inquiry note:

Christian Höck
Tel.: +49 (0)4102 463 175
E-Mail: christian.hoeck@baslerweb.com

Branche: Semiconductors & active components
ISIN: DE0005102008
WKN: 510200
Index: Prime Standard, CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Berliner Wertpapierbörse / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade
Bremer Wertpapierbörse (BWB) / free trade

Original content of: Basler AG, transmitted by news aktuell