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Basler Reports Business Figures for 2017: Company Confirms Record Annual Results and Expects Continuing Growth through 2018
In the fiscal year 2017, the group’s sales recorded an extraordinarily strong growth of 54 %, to € 150.2 million (previous year: € 97.5 million). This more than doubles the rate currently achieved by the German industry for image processing components, which grew by 24 %. These statistics are calculated by the VDMA (Verband Deutscher Maschinen- und Anlagenbau, German Engineering Federation) and represent a key indicator for global market development.
With the addition of 68 new employees, Basler staff was considerably augmented in the 2017 fiscal year. For 2018, we plan to hire over 100 new employees, mainly at the Ahrensburg location, as well as in Asia to lay the foundation for further growth in the upcoming years.
After the extraordinarily positive market development and the strong growth of Basler in 2017 – in particular for factory applications in Asia – the management board’s 2018 fiscal year outlook currently forecasts single-digit market growth and sales revenues for the Basler group in the range of € 145 to 160 million. For results, the company expects a pre-tax return rate of 13 to 15 % depending on sales development. Given the very high momentum in the sales markets and the limited visibility of the business development for the second half-year, the potential range of the sales numbers is relatively broad. The management will strive for a more precise forecast through the course of the fiscal year.
The complete annual report is available on baslerweb.com/financialreports/
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