Basler turnover up 16 per cent in 2013

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Basler has recorded a 16 per cent increase in turnover in 2013 compared to 2012. Its sales rose from €55.9 million to €65.1 million.

The figures represent the best results in the company's 25 year history. With this background, Basler will propose to this year's shareholders’ meeting the distribution of a dividend of 47 cents per share. 

The gross profit margin increased to 49.9 per cent after 48.1 per cent in the previous year. The earnings before taxes amounted to €7.8 million, which, when compared to the previous year €5.6 million, showed a 39 per cent increase. The pre-tax return rate increased by 2 per cent to 12 per cent.

Basler expects an increase of sales to between €70 million and €74 million in 2014. Due to attractive growth opportunities in the industrial camera market, investments in future sales growth will be continued with unabated intensity. As far as earnings are concerned, the company is assuming a solid pre-tax return rate between 8 per cent and 10 per cent depending on the sales development.