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DGAP-Adhoc: Basler AG raises forecast for fiscal year 2014

June 12, 2014

Basler AG / Key word(s): Change in Forecast 12.06.2014 14:32 Dissemination of an Ad hoc announcement according to 15 WpHG, transmitted by DGAP - a company of EQS Group AG. The issuer is solely responsible for the content of this announcement. --------------------------------------------------------------------------- Adhoc announcement according to 15 WpHG Raising of forecast Basler AG raises forecast for fiscal year 2014 - New sales forecast: Euro 73 - 76 million - New profit forecast: EBT-margin 12 - 14 % Ahrensburg, June 12, 2014 - BASLER AG, one of the leading global manufacturers of cameras for industry and video surveillance applications, is raising the forecast for fiscal year 2014 after the results for May 2014 were approved in today's meeting of the management board. Due to unexpected positive incoming orders - particularly from the Asian market - the business performance is better than planned. Therefore, the management board of Basler AG is increasing today the sales forecast for fiscal year 2014 from Euro 70 - 74 million to Euro 73 - 76 million. Furthermore, positive margin effects due to a favorable product mix as well as economies of scale for fixed costs lead to an above plan pre-tax result. This prompts the management board to also increase the profit forecast for fiscal year 2014. Since a significant cooling in the second half of fiscal year 2014 is not expected, the company henceforth expects a pre-tax return margin of 12 - 14 % (formerly 8 - 10 %). Basler is a leading developer and manufacturer of high grade digital cameras for applications in industry, video surveillance, medicine, and traffic. Product development is driven by industry requirements. The cameras provide easy integration, compact sizes, and an outstanding price/performance ratio. Basler has more than 25 years of experience in image processing and has been developing and producing high grade digital cameras for 15 years. The company employs approximately 400 employees in its headquarters in Ahrensburg, Germany, and in the subsidiaries in the USA, Singapore, Taiwan, and Korea. Basler AG, Hardy Mehl (CFO), An der Strusbek 60 - 62, D-22926 Ahrensburg, Tel. +49 - 4102- 463 100, ir/baslerweb.com, www.baslerweb.com, ISIN DE 0005102008 12.06.2014 DGAP's Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. Media archive at www.dgap-medientreff.de and www.dgap.de --------------------------------------------------------------------------- Language: English Company: Basler AG An der Strusbek 60-62 22926 Ahrensburg Germany Phone: 04102-463 0 Fax: 04102-463 109 E-mail: ir@baslerweb.com Internet: www.baslerweb.com ISIN: DE0005102008 WKN: 510200 Listed: Regulierter Markt in Frankfurt (Prime Standard); Freiverkehr in Berlin, DÜsseldorf, Hamburg, MÜnchen, Stuttgart End of Announcement DGAP News-Service ---------------------------------------------------------------------------


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Source: DGAP Ad Hoc Disclosures


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