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euro adhoc: Basler Vision Technologies AG
Quarterly or Semiannual Financial Statements
Basler: Profitable Growth in First Quarter (E)

  Disclosure announcement transmitted by euro adhoc.
  The issuer is responsible for the content of this announcement.
Basler: Profitable Growth in First Quarter
  • Turnover in Q1/2004 increased by 90% on year-earlier quarter, to Euro 12 mill.
  • Net income increased to Euro +1.2 mill., compared to Euro -0.9 mill. loss in year-earlier quarter
  • Prognosis for 2004 raised to Euro 45 mill. turnover and Euro +2.5 to 3 mill. earnings before tax
Ahrensburg, 05 May 2004 - Basler AG, the leading company in vision
technology, the technology of artificial vision, significantly
increased turnover, earnings and incoming orders in the first quarter
of 2004. Turnover increased by 90% to Euro 12.0 mill. (Q1/2003: Euro
6.3 mill.). Incoming orders increased by 63% to Euro 13.4 mill.
(Q1/2003: Euro 8.2 mill.). The main driving force behind this
development is the inspection systems business (Vision Systems) for
the optical media industry and the flatscreen industry. Activities
with digital high-performance cameras (Vision Components) are also in
particular profiting from increasing orders from the electronics
industry.
Earnings before tax (EBT) amounted to Euro +1.9 mill. due to
increasing sales and stable costs. In the first quarter of 2003, EBT
was negative at Euro -0.9 mill.. The net income amounted to Euro +1.2
mill. in Q1/2004 (Q1/2003: Euro -0.9 mill.). Earnings per share
amounted to Euro +0.33 in the past quarter, compared to Euro -0.25 in
Q1/2003.
In view of the promising start to the new year, the Managing Board is
adjusting its forecast for the entire year (turnover: Euro 42 mill.,
EBT: Euro +1.5 to 2 mill.). Under the current circumstances, the
company anticipates achieving turnover of Euro 45 mill. (+26% on the
previous year) and EBT of Euro +2.5 to 3 mill. (EBT 2003: Euro +0.7
mill.). The business trend in the further course of 2004 depends to a
certain extent on the Euro/US-Dollar exchange rate correlation, as
the company exports approx. 80% of its products. It is also unclear
whether the currently very high level of investment activities in the
optical media industry for write-once storage media will be continued
at the same level in the second half of 2004.
The detailed quarterly report is available to download at
www.baslerweb.com.
end of announcement        euro adhoc 05.05.2004

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, Prime Standard, Technologie All Share
Börsen: Frankfurter Wertpapierbörse / regulated dealing
Berliner Wertpapierbörse / free trade
Bayerische Börse / free trade
Hamburger Wertpapierbörse / free trade
Bremer Wertpapierbörse (BWB) / free trade
Börse Düsseldorf / free trade
Baden-Württembergische Wertpapierbörse / free trade

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