Basler sees 58 per cent growth in sales for 2010

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Digital camera manufacturer Basler Vision Technologies has recorded sales figures of €38 million for the first three quarters of 2010, exceeding the previous year's level of €24 million by 58 per cent. Earnings before taxes (EBT) for the group amounted to €3.8 million, up €11.6 million compared the previous year's results.

The digital camera business segment in particular is driving this growth. In the first three quarters, camera sales increased by 85 per cent to €29.8 million (€16.1 million in the previous period). Incoming orders were at €33.6 million compared to €18.7 million last year (+79.7 per cent). The preliminary segment result is +€6.5 million.

Digital cameras with a Gigabit Ethernet interface are the growth driver in Basler's product portfolio. After a difficult year in 2009 in which sales of GigE cameras still saw a two digit increase, sales will nearly double in 2010. For the first time, GigE cameras will have the highest share of total turnover compared to other interface technologies.

Basler has raised its guidance for the 2010 fiscal year and now expects group sales to grow to a level between €46 and €48 million (previous guidance: €43-45 million; 2009 sales: €33.7 million) at an EBT of no less than €4.1 million (previous guidance: >€3.5 million; 2009 EBT: €-8.0 million).

The financial report for the third quarter of 2010 will be published on 16 November.

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