NEWS
Tags: 

Basler's sales and incoming orders leap in first half of 2017

Basler has seen a 62 per cent increase in sales and a 100 per cent increase in incoming orders for the first half of 2017. Sales amounted to €78.5 million (compared to €48.5 million for the same period last year), while the group's incoming orders were €100.4 million (€50.2 million for the previous year).

Basler put the strong increase in incoming orders down to a strong investment cycle in the Asian electronic goods industry, along with early order placements because of extended delivery times.

The company stated that ‘at the end of the second quarter, incoming orders cooled down and are expected to continue to weaken in the upcoming months.’

Basler recently purchased embedded computing firm Mycable, which had 2016 sales of approximately €2.6 million. Mycable will support Basler to develop embedded vision technology for a broader group of users. The Mycable results were consolidated in the Basler group on 30 June 2017.

Basler’s gross profit margin slightly increased on last year to 50.3 per cent. The earnings before taxes for the group were positively impacted by economies of scale and amounted to €18.2 million (previous year: €5.3 million). The pre-tax return rate was  23 per cent (previous year: 11  per cent).

The company expects a slowdown in the second half of the year, and its incoming orders are already weakening and returning to normal levels. Basler is working on expanding its capacities and reducing delivery times, as well as securing the supply chain.

Basler has raised its 2017 forecast and now plans within a group’s sales corridor of €140-150 million at a pre-tax margin of 15-18 per cent.

Other tags: 
Company: 
Twitter icon
Google icon
Del.icio.us icon
Digg icon
LinkedIn icon
Reddit icon
e-mail icon
Feature

Artificial intelligence seems to be sweeping the world and neural networks are now starting to find their way into the industrial imaging market. Greg Blackman investigates 

Feature

Wilhelm Stemmer, who has recently retired and sold his shares in Stemmer Imaging, the company he founded 30 years ago

Feature

Matthew Dale explores how 3D cameras are granting robots the gift of sight

Feature

Rob Ashwell finds that logistics, healthcare and research are turning to consumer imaging systems for their needs