EANS-News: Basler AG successfully on track for growth

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9-month report

Ahrensburg (euro adhoc) - November 10, 2011

- Camera business continues to grow

- Incoming orders: EUR 42.4 million (previous year: EUR 41.3 million , +3 %)
Sales: EUR 41.4 million (previous year: EUR 38.3 million, +8 %)
EBIT: EUR 5.8 million (previous year: EUR 5.3 million, +9 %)
Pre-tax earnings: EUR 4.8 million (previous year: EUR 4.0 million, +20 %)
Operating cash flow: EUR 9.2 million (previous year: EUR 5.4 million, +70 %)

- Forecast for 2011 confirmed

Directly from the "VISION", the worldwide leading trade fair for
vision technology taking place in Stuttgart, Germany, the company
announces today that the first nine months of the fiscal year 2011
were successful for Basler AG.

Despite the continuing uncertainty in the financial markets and the
cyclical slow down during the past months, Basler AG successfully
continued its profitable growth in sales.

In the first nine months, the incoming orders amounted to EUR 42.4
million (+3 %). In the reporting period, sales increased by 8 % to
EUR 41.4 million. Earnings before interest and taxes (EBIT) increased
by 9 % to EUR 5.8 million. The return before taxes and interest
increased to 14.0 %. Earnings before taxes (EBT) climbed
disproportionately by 20 % to EUR 4.8 million. The pre-tax return
amounted to 11.6 %. The operational cash flow developed particularly
well and increased by 70 % to EUR 9.2 million. At the end of the
reporting period, the liquid assets amounted to EUR 6.8 million,
exceeding the previous year's figure by 39 %.

"The positive course during the first nine months shows that Basler
AG will achieve very good results also in 2011 and continue its
profitable growth. The growth is driven by our camera business that
will increase in the double-digit percentage range in 2011" explains
Dr. Dietmar Ley (CEO). "The trade fair visitors` positive reactions
to our new products strengthens our conviction to be able to further
increase our market share in 2012."

Based on the positive results of the first nine months, Basler
confirms its forecast for the complete year 2011. According to the
forecast the group's turnover will range between EUR 54.0 million and
EUR 58.0 million (previous year: EUR 51.0 million). The earnings
before taxes will be at least EUR 5.4 million (previous year: EUR 5.0
million).

Basler is a developer and manufacturer of high grade cameras for
industrial and medical applications, traffic control systems, and
video surveillance. Basler has more than 20 years of experience in
image processing and offers its customers one of the widest product
portfolios in the industry. The company employs approximately 270
employees in its headquarters in Ahrensburg, Germany, and in
subsidiaries in the USA, Singapore, Taiwan, Korea, and Japan.

Further inquiry note:
Verena Fehling
Investor Relations
Telefon: +49(0)4102 463-101
E-Mail: ir@baslerweb.com

end of announcement euro adhoc
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company: Basler AG
An der Strusbek 60-62
D-22926 Ahrensburg
phone: +49 (0) 4102 463 0
FAX: +49 (0) 4102 463 108
mail: info@baslerweb.com
WWW: http://www.baslerweb.com
sector: Semiconductors & active components
ISIN: DE0005102008
indexes: CDAX
stockmarkets: regulated dealing/prime standard: Frankfurt, free trade: Berlin,
Hamburg, Stuttgart, Düsseldorf, München
language: English