Overview
Germany image processing components maker's fiscal Q1 revenue rose 30% yr/yr
Incoming orders for fiscal Q1 surged 64% yr/yr, driven by strong China and sector demand
Company raised 2026 revenue and EBIT margin forecasts on broad market recovery
Outlook
Basler raises 2026 revenue forecast to €247-270 mln from €232-257 mln
Company lifts 2026 EBIT margin outlook to 9.5%-13% from 6.5%-10%
Result Drivers
CHINA DEMAND - Co said very strong business in China contributed to growth in orders and revenue
SECTOR GROWTH - High growth in semiconductor, electronics, and logistics sectors supported results
COST DISCIPLINE - Improved EBIT attributed to higher gross profit, scalable organization, prior organizational adjustments, and continued cost discipline
Company press release: ID:nEQ2lpDRga
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Sales
EUR 77.30 mln
Q1 EBITDA
EUR 21 mln
Q1 Free Cash Flow
EUR 4.80 mln
Q1 Orders
EUR 85.60 mln
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 4.8% below its May 5 closing price of €23.10
The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 29 three months ago
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(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.)