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ots Ad hoc-Service: Basler AG
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Ahrensburg (ots Ad hoc-Service) -
Basler AG: Sales and inflow of orders again up in Q3 2000 - Sales of the first nine months of 2000 nearly 31 % above the comparable period in 1999 - Incoming orders of the first nine months 25 % above prior-year level - EBIT in line with expectations
Basler AG - leading supplier of artificial vision systems, the
technology of artificial vision - could again increase its sales and
incoming orders in the first nine months of the year 2000 compared
with the first nine months of the previous year. With sales of DM
19.8 mio and total operating performance of 19.1 mio in Q3, the sales
in the first nine months of the year 2000 sums up to DM 63.4 mio
(total operating performance: DM 61.4 mio), an 31% plus on the
comparable period in 1999. Incoming orders amounted to DM 63.2 mio as
from 30/09/2000, an increase by 25% compared with the figures of the
previous year. As announced with the half-year result 2000 already,
Q3 was marked by still high investments in the opening up of the
vision technology growth market. In this respect, the focus is on the
younger and promising business units of this high-tech company
(Display Inspection, Machine Vision Components, Web Inspection).
Despite or just because of the present market fluctuations in the
still largest business unit, Optical Media Inspection, Basler
consistently maintains its growth strategy by addressing several
separate independent markets. Up to last year, inspection systems for
CD-Rs accounted for the most part of sales in this business unit.
This portion could mainly be compensated through the strongly growing
business with DVD media. The planned growth rates could, however, not
be realised in this weak phase of the CD-R market. Since this
business unit contributes more than the average to the total earnings
before interest and shares (EBIT) of Basler AG, the result of Q3 is
burdened accordingly. In the first nine months of this year, the EBIT
summed up to DM -300,000. The DVFA-result is also DM -300,000 leading
to a result per share of DM -0.09 (Q3 2000: EBIT DM -1.97 mio/DVFA
result DM -1.45 mio/result per share DM -0.41). Q4 2000 and the
annual result will also be marked by high investments in technology
and the opening up of markets for the new business units. Basler
expects a recovery of the CD-R market in Q3 of 2001 already. Then the
young business units will also make a positive contribution to the
EBIT of the total company so that the profit zone will again be
reached next year. Sales will strongly grow next year as well.
"Considering the fact that so far only 15 to 20% of all potential
applications in the artificial vision field have been identified, the
bulk of growth is still before us," says Dr. Dietmar Ley. At present
the world-wide volume of the vision technology market is valued at
USD 5 billion, and it is expected to increase by 65% to USD 8.3
billion by 2004. As a consequence, there cannot be any doubt about
the medium-term success of the business, adds Ley.
Further Information Christian Hock, Investor Relations Fon ++49 4102 463 175 Basler AG An der Strusbek 60-62 22926 Ahrensburg email@example.com
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