Brief: Basler Says Management Cautious About Course Of Year

Basler AG

27/02/2023 05:38

Feb 27 (Reuters) - Basler AG  BSLG.DE :
    * PRELIMINARY BUSINESS FIGURES FOR 2022 - BASLER GROWS WITH
RECORD
SALES AND STARTS 2023 WITH AN INCREASED ORDER BACKLOG
    * INCOMING ORDERS EURO 248.4 MILLION (2021: EURO 322.5
MILLION,
-23 %)
    * FY FREE CASH FLOW EURO -31.8 MILLION (2021: EURO 10.0
MILLION)
    * FY ORDER BACKLOG DECREASED TO EURO 102.5 MILLION (PREVIOUS
YEAR:
EURO 140.9 MILLION)
    * HOWEVER, CONTINUOUSLY WEAK LEVEL OF INCOMING ORDERS IN
FIRST
WEEKS OF YEAR MAKE MANAGEMENT CAUTIOUS ABOUT COURSE OF YEAR
    * OUTLOOK FOR ASIAN MARKETS IS CURRENTLY CLOUDED DUE TO
CHINESE
NEW YEAR

Source text for Eikon:  ID:nEQ6RjMgya 
Further company coverage:  BSLG.DE 

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