Overview
Germany image processing firm's 2025 sales rose 22%, a slight miss versus analyst expectations
Company's performance driven by major projects in China, U.S., and improved European business
Management forecasts 2026 sales growth but notes limited visibility and geopolitical uncertainties
Outlook
Basler forecasts 2026 revenue between EUR 232 mln and EUR 257 mln
Company expects 2026 EBIT margin of 6.5% to 10%
First-quarter 2026 earnings expected to exceed projected range, but visibility for rest of year is limited
Result Drivers
MAJOR PROJECTS - Co said results were primarily driven by large customer projects in China and the U.S., especially in logistics, AI hardware, and battery production
EUROPEAN BUSINESS RECOVERY - Co said European business picked up in the second half, covering a broad range of applications
STRUCTURAL MEASURES - Co said structural measures and strategic development of the product and solution portfolio had a positive impact on business performance and earnings
Company press release: ID:nEQ8X4bqsa
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Sales
Slight Miss*
EUR 224.5 mln
EUR 224.67 mln (3 Analysts)
FY Free Cash Flow
EUR 18.5 mln
FY Orders
EUR 237.1 mln
FY Pretax Profit
EUR 16.2 mln
*Applies to a deviation of less than 1%; not applicable for per-share numbers.
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the office equipment peer group is "buy."
Wall Street's median 12-month price target for Basler AG is €22.00, about 77.4% above its March 30 closing price of €12.40
The stock recently traded at 22 times the next 12-month earnings vs. a P/E of 30 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)