Corporate News

3-month result

 

3-month results 2025: Basler starts the financial year with strong sales growth and a double-digit pre-tax return

 

• Incoming orders EUR 52.1 million (previous year: EUR 44.0 million, +18 %)
• Sales EUR 59.5 million (previous year: EUR 43.5 million, +37 %)
• EBITDA EUR 10.1 million (previous year: EUR 1.0 million, >+100 %)
• Pre-tax result: EUR 6.0 million (previous year: EUR -3.6 million)
• After-tax result: EUR 4.8 million (previous year: EUR -3.9 million)
• Free cash flow EUR -2.2 million (previous year: EUR -3.4 million)

 

Ahrensburg, May 8, 2025 - BASLER AG, a leading supplier of image processing components for computer vision applications, today presents its figures for the first three months of 2025.

Incoming orders increased to € 52.1 million compared to the same quarter of the previous year (previous year: € 44.0 million) and thus rose by 18 % compared to the previous year. The Basler group was able to significantly increase its sales by 37 % to € 59.5 million (previous year: € 43.5 million), in particular due to major projects in China and the USA already won in the fourth quarter of the previous year as well as solid incoming orders in the first months of the year. The gross profit margin increased by 3.5 percentage points year-on-year to 48.1 % (previous year: 44.6 %).

Due to reduced cost structures, a significant increase in sales and the improvement in the gross profit margin, earnings before taxes developed to € 6.0 million (previous year: € -3.6 million) and led the company back into the profit zone with an EBT margin of 10.0 % (previous year: -8.3 %). The after-tax result amounted to € 4.8 million (previous year: € -3.9 million).

The markets for machine vision components outside of Europe developed slightly positively in the first quarter. The German Engineering Federation (VDMA) reports a nominal increase in sales of 11 % year-on-year for German manufacturers of machine vision components as at the end of March 2025. However, incoming orders in the industry fell by 5 % in the same period. The industry benefited in particular from higher incoming orders and sales outside of Europe; incoming orders outside of Europe were stable at 0 % compared to the same quarter of the previous year and sales grew by 30 % compared to the previous year.

Basler therefore developed significantly better than the German image processing components industry. This is mainly due to the strong global market presence and major projects won in China and the USA.

The free cash flow, as the sum of the cash flow from operating activities and the cash flow from investments, amounted to EUR -2.2 million (previous year: EUR -3.4 million).

The cost-cutting program initiated in autumn 2024 was largely completed by the end of 2024 and the break-even point at the end of the year was successfully lowered to sales of approximately € 180 million. Based on the lowered cost structure and the successful start to the year, the group's management confirms the forecast for the 2025 financial year, according to which the management expects to generate sales of between € 186 - 198 million and a pre-tax margin of between 0 – 5 % for the group.

Visibility for the rest of the year is limited due to customers' short order horizons. In addition, geopolitical uncertainties and US tariffs are making the outlook more difficult or even clouding it. The company is already taking steps to minimize the direct costs resulting from the US tariffs in the second quarter. The impact resulting from any decline in demand and currency fluctuations cannot be adequately quantified at this time. However, the management considers these risks to be appropriately reflected in its forecast corridor at this point in time.

Basler AG is a leading international and experienced expert in computer vision. The company offers a broad, coordinated product portfolio of image processing hardware and software. It also works with customers to solve their vision application problems and develops customized products and solutions. Founded in 1988, the Basler Group employs around 850 people at its headquarters in Ahrensburg and at other sales and development locations in Europe, Asia and North America.

 

Basler AG, Hardy Mehl (CCO/COO), An der Strusbek 60 - 62, 22926 Ahrensburg, Tel. +49 (0)4102-463101, ir/baslerweb.com, www.baslerweb.com, ISIN DE 0005102008

 

Contact:
Basler AG
Verena Fehling
Tel. +49 4102 463 101
Email: Verena.fehling@baslerweb.com