EANS-Adhoc: Basler reports business figures for 2009: Forecast reached, cash flow positive, positive outlook for 2010

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ad-hoc disclosure pursuant to section 15 of the WpHG transmitted by euro
adhoc with the aim of a Europe-wide distribution. The issuer is solely
responsible for the content of this announcement.
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31.03.2010

- Sales: Euro 33.7 million
- Earnings before taxes: Euro -8.0 million
- Cash flow from operational activity: Euro 5.9 million

Ahrensburg, March 31, 2010 - BASLER AG, one of the internationally
leading companies of Vision Technology, is presenting today its
audited annual report for 2009.

In fiscal year 2009, the group's sales declined by 40.4 % to Euro
33.7 million (previous year: Euro 56.5 million) due to the global
economic and financial crisis. Earnings before taxes declined from
Euro 2.9 million in 2008 to Euro -8.0 million in 2009. Profit before
taxes, interest, and depreciations (EBITDA) declined to Euro 0.5
million (previous year: Euro 11.0 million). The gross profit margin
declined to 29.7 % after 38.6 % in the previous year. Due to value
adjustments on capitalized loss carryforwards the net results (EAT)
decreased from Euro 2.1 million to Euro -10.6 million. The earnings
per share (EPS) amounted to Euro -3.02 in fiscal year 2009 (previous
year: Euro 0.59). The forecasts made for fiscal year 2009 were
therewith reached.

Despite the decline in sales Basler AG has achieved a positive cash
flow. The cash flow from operational activity amounted to Euro 5.9
million after Euro 12.3 million in the previous year. This result can
be ascribed to intense management of the working capital that
declined by 40.1 % compared to the previous year.

The Components business segment has mastered the economic and
financial crisis in 2009 comparatively well. Due to the diverse
customer and industry structure we were able to limit the decline in
sales compared to the previous year to nearly 20 % and to realize
sales revenues of approx. Euro 24 million. We are very satisfied with
having realized growth of approx. 30 % compared to the previous year
in the Gigabit Ethernet camera segment despite unfavorable economic
conditions. The Gigabit Ethernet camera segment has meanwhile become
the most important segment in industrial camera business. With this
we were able to further extend our market leadership. In our business
started in 2008 with IP cameras for the video surveillance market, we
have fulfilled our business plan in 2009. Incoming orders and sales
in our components business have noticeably increased again during the
second half year of 2009. We therefore want to continue in fiscal
year 2010 from the good results of 2008.

Our Solutions business segment which is strongly focused on specific
industries and traditionally cyclic, was massively affected by the
negative repercussions of the economic and financial crisis. The
sales of inspection solutions declined in comparison to 2008 by
approx. 60 % to approx. Euro 10 million. Large excess capacities in
the LCD market and a resulting almost total stop of equipment
investment were the principal reasons for this decline in sales. In
parallel to this there was a rapid fall in prices in the solar market
in the year just ended. Combined with considerably aggravated
financing conditions, equipment investment declined also in the solar
industry significantly, compared to 2008. This overall very difficult
market environment has slightly improved again only toward the end of
fiscal year 2009.

For 2010, Basler AG expects a positive result again due to the
positive trend in incoming orders and the break-even point having
been significantly lowered in 2009. Growth will mainly be sustained
by the components business and with the currently still low activity
of our solutions business, will mainly be effected in the second half
year. The economic conditions in the components business have
significantly improved already in the second half-year of 2009. In
our solutions business, the forces for economic upturn have been
increasing noticeably since the beginning of the new fiscal year.
However, sales in 2010 are likely to still remain clearly below the
level of 2008.

Basler AG, Dr. Dietmar Ley (CEO), An der Strusbek 60 - 62, 22926
Ahrensburg, Tel. +49 (0)4102-463100, ir/baslerweb.com,
www.baslerweb.com, ISIN DE 0005102008

end of announcement euro adhoc
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ots Originaltext: Basler AG
Im Internet recherchierbar: http://www.presseportal.de

Further inquiry note:

Maren Schuster

Investor Relations

Telefon: +49(0)4102 463-100

E-Mail: ir@baslerweb.com

Branche: Semiconductors & active components
ISIN: DE0005102008
WKN: 510200
Index: CDAX
Börsen: Frankfurt / regulated dealing/prime standard
Berlin / free trade
Hamburg / free trade
Stuttgart / free trade
Düsseldorf / free trade
München / free trade