Basler Components registers sales turnover growth for 2008

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Basler Components, part of Basler Vision Technologies, recorded a turnover of €29.7 million in 2008, an increase of 8 per cent over the previous year (2007: €27.5 million). This increase was predominantly due to expansion in the fast-growing Gigabit Ethernet camera segment. In 2008, Basler Components consolidated its number two position in the global market for digital industrial cameras. The company's entry into the video surveillance market forms the basis for further growth outside of the capital goods industry.

As in 2007, the components' division generated more than half of the group's turnover. 'We finished 2008 with an excellent result, although the fourth quarter was already influenced by the global recession,' concluded Arndt Bake, general manager Basler Components. 'Competition will intensify due to the critical market situation and weak demand. Our goal is to further strengthen our market position, even in such a tough economic environment.'

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