April 6, 2014

              Basler Reports Business Figures for 2013, Reaching New Record Levels

              Basler Business Figures 2013
              The group's sales increased in the fiscal year 2013 by 16 % to € 65.1 million (previous year: € 55.9 million). The gross profit margin increased to 49.9 %, after 48.1 % in the previous year. The earnings before taxes totaled € 7.8 million (previous year:  € 5.6 million, +39 %). The pre-tax return rate amounted to 12 % (previous year: 10 %). With these results, the previous guidance communicated by us has been achieved at the upper end.

              The cash flow from operational activity amounted to € 12.1 million (previous year: € 12.6 million, -4 %). The free cash flow, calculated as the sum of cash flows from operational activity and investment, reached a value of € 5.6 million (previous year: € 6.3 million, -11 %).

              In 2013, we achieved the best results in our 25-year history. In this context, we will propose to this year's shareholders’ meeting the distribution of a dividend of 47 cents per share.

              For the fiscal year 2014, we expect an increase of sales to between € 70 million and € 74 million. Due to attractive growth opportunities in the industrial camera market, investments in future sales growth will continue with unabated intensity. As far as earnings are concerned, we are assuming a solid pre-tax return rate between 8 % and 10 %, depending on sales development.

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