All Stories
Subscribe to Basler AG

24.07.2007 – 13:32

Basler AG

euro adhoc: Basler AG
Solid order income for 2nd Quarter, Changes in Management Board

--------------------------------------------------------------------------------   Disclosure announcement transmitted by euro adhoc. The issuer is responsible   for the content of this announcement. --------------------------------------------------------------------------------


Ahrensburg, 24 July 2007 - Basler AG recorded order income for the second quarter of Euro 15.3 million. This represents an increase of 39% over first quarter results and is the second best quarterly result in the company's history. Total order income for the first half year came to Euro 26.3 million. This marks a 16% drop against the previous year's record results which were shaped by block orders placed by the flat screen industry.

Vision Systems marked up first half year orders of Euro 11.8 million (39% down on last year's figures). Euro 8.0 million of orders came in the second quarter heralding the expected pickup of revenue in the second half year. Vision Components recorded first half year order income of Euro 14.5 million - a new record and a 19% increase over last year's figures.

In the light of the order income for the first half year, the Management Board maintains its forecast for the 2007 financial year.

Chief Financial Officer Peter Krumhoff will be leaving Basler AG on 31 August 2007 to join the Management Board of IQ Power AG. The Supervisory Board and Management Board of Basler AG would like to thank Mr. Krumhoff for the amicable and highly fruitful working relationship over the past six years. The recruitment of a possible successor has reached an advanced stage. Until a new CFO is appointed, the post will be provisionally taken over by the company's CEO, Dr. Dietmar Ley.

end of announcement                                                 euro adhoc 24.07.2007 13:00:00

ots Originaltext: Basler AG
Im Internet recherchierbar:

Further inquiry note:
Basler AG, Dr. Dietmar Ley (CEO), Verena Fehling (IR), An der Strusbek 60-62,
22926 Ahrensburg, Tel. +49(0)4102-463100,,,
ISIN DE 0005102008

Branche: Semiconductors & active components
ISIN:      DE0005102008
WKN:        510200
Index:    CDAX
Börsen:  Börse Frankfurt / regulated dealing/prime standard
              Börse Berlin / free trade
              Börse Hamburg / free trade
              Börse Stuttgart / free trade
              Börse Düsseldorf / free trade
              Börse München / free trade

Original content of: Basler AG, transmitted by news aktuell