25/04/2013
Basler annual results show increased profit margins
Ahrensburg, Germany
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.