euro adhoc: Basler Vision Technologies AG
Earnings Forecast
Basler ups its
Forecast for 2006
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
11.07.2006
Basler ups its Forecast for 2006
- Record second quarter incoming orders at Euro 17.6 mill.. 30% up on same quarter last year (Q2/2005: Euro 13.5 mill.)
- At Euro 12.9 mill. second quarter turnover 19% up on same quarter last year's performance (Q2/2005: Euro 10.8 mill. )
- Turnover and profit expectations raised for the whole year
Basler AG, one of the leading companies in Vision Technology - the technology of artificial vision - has raised its forecast for 2006. In the light of the provisional figures for turnover and incoming orders, a meeting of the management board held today revised target figures for turnover for the full year 2006 to Euro 53 mill. (from Euro 50 mill.) with a rise in net profits from Euro 3 mill. to Euro 4 mill. This raises earnings per share from Euro 0.86 to Euro 1.14.
For the second quarter 2006 Basler recorded turnover of Euro 12.9 mill. (Q2/2005: Euro 10.8 mill., +19%) giving total turnover of Euro 22.9 mill. for the first half-year (HY1/2005: Euro 21.2 mill., +8%). Second quarter incoming orders were up by a spectacular 30% to Euro 17.6 mill. (Q2/2005: Euro 13.5 mill.), a record achievement in the company's history. Incoming orders for the first half-year totalled Euro 30.1 mill. - yet another new record (HY1/2005: Euro 23.6 mill., +28%).
These positive developments are the result of an aggressive, innovation-centric business policy coupled with unabated rising demand for digital industrial high-performance cameras (Vision Components) from the electronics and semiconductor industries.
Enhancements of product lines are also driving business with camera-based inspection systems for the flat screen industry. In recent months the award of major contracts has set key milestones in the acquisition of new markets in this sector. In June a major contract came in from AU Optronics - one of the global leaders in flat screen modules - for a new product line for the inspection of "color-filters". The launch of this new line marks a further step towards Basler's goal of becoming one of the leading global vendors of inspection systems for the flat screen industry.
The full First Half-Year Report for 2006 shall be published as announced on 10 August 2006.
end of announcement euro adhoc 11.07.2006 12:49:58
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: CDAX, Prime All Share, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing/prime
standard
Börse Berlin-Bremen / free trade
Hamburger Wertpapierbörse / free trade
Baden-Württembergische Wertpapierbörse / free trade
Börse Düsseldorf / free trade
Bayerische Börse / free trade
Original content of: Basler AG, transmitted by news aktuell