Brief: Basler Q3 EBT At EUR 9.5 Mln

Basler AG

26/10/2022 16:21

Oct 26 (Reuters) - BASLER AG  BSLG.DE :
    * BASLER AG PUBLISHES PRELIMINARY FIGURES FOR THE FIRST NINE
MONTHS AND INCREASES THE SALES FORECAST FOR FINANCIAL YEAR 2022
    * IN Q3, BASLER GROUP ACHIEVED RECORD SALES AMOUNTING TO
EURO 74.4
MILLION (PREVIOUS YEAR: EURO 49.4 MILLION) AND RECORDED A
SIGNIFICANT INCREASE IN PRE-TAX EARNINGS TO EURO 9.5 MILLION
(PREVIOUS YEAR: EURO 3.7 MILLION)
    * ACCUMULATED FOR FIRST NINE MONTHS OF 2022, COMPARED TO
PREVIOUS
YEAR, COMPANY REACHED A SALES INCREASE OF 25 % TO EURO 205.2
MILLION (PREVIOUS YEAR: EURO 164.6 MILLION)
    * 9-MONTH AT EURO 24.3 MILLION, EARNINGS BEFORE TAXES
ROUGHLY
REACH PREVIOUS YEAR'S LEVEL (PREVIOUS YEAR: EURO 24.5 MILLION)
    * 9-MONTH NET INCOME FOR PERIOD OF EURO 19.2 MILLION
(PREVIOUS
YEAR: EURO 18.7 MILLION)
    * AGAINST BACKGROUND OF VERY STRONG Q3 RESULTS AND A GOOD
TRANSPARENCY FOR REMAINING MONTHS OF FINANCIAL YEAR, MANAGEMENT
INCREASES ITS FORECAST FOR FINANCIAL YEAR 2022 AND AT SAME TIME
SPECIFIES FORECAST CORRIDORS FOR SALES AND PRE-TAX RETURN MARGIN
    * ORIGINALLY EXPECTED SALES CORRIDOR OF EURO 235 - 265
MILLION
WILL BE INCREASED TO EURO 262 - 270 MILLION
    * FORECAST FOR EBT MARGIN WILL BE NARROWED FROM 9 - 12 % TO
10 -
12 %

Source text for Eikon:  ID:nEQ3ZhGGma 
Further company coverage:  BSLG.DE 
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