![]() In China, the sluggish economic recovery following the zero-covid policy and weakness in the consumer goods industry had a double impact. This was mainly due to market weaknesses for capital goods in the semiconductor, electronics and logistics sectors. The business development of the Basler group showed very strong regional differences in the first quarter of 2023. While sales in Europe grew by around 15 % and in Germany by as much as 25 % in the first quarter, business in America and Asia declined by approximately one quarter. This is mainly due to Basler’s Asia-oriented business. Thus, the company is falling behind the German industry for image processing components. Based on these figures, it can be seen that the increased order backlogs are currently still providing a tailwind for the industry, but that this should weaken in the future due to declining incoming orders. Incoming orders in the industry decreased by -13 % in the same period. However, it is expected to normalize to approximately three months of sales during the second quarter due to the current weak demand.įor January through March 2023, the German Engineering Federation (VDMA) reported a decline in sales of -4 % compared to the previous year for the German manufacturers of image processing components. At the beginning of the second quarter, the order backlog was slightly higher. Cancellations are expected to be lower in the second quarter, as the backlog at the end of the first quarter of 2023 is largely free of risky orders from the overheated market phase between January 2021 and June 2022. In addition, cancellations of orders from fiscal years 20 reduced the order backlog in the first quarter by € 13.3 million. Even though incoming orders increased again for the first time after three consecutive quarters of significant decline, they were at a low level of € 54.1 million in the first quarter of 2023. The Basler group closed the first three months of 2023 with a decline in sales of 15 % to Euro 56.3 million (previous year: Euro 66.3 million) as well as a negative result before taxes of Euro -1.6 million (previous year: Euro 9.2 million) and a pre-tax return rate of -3.0 % (previous year: 14 %).Īs expected, the extremely strong incoming orders of Euro 88.5 million in the first quarter of 2022, which were caused by the supply chain crises, were not achieved in the first three months of 2023. Forecast confirmation 2023: Sales Euro 235 - 265 million, pre-tax return rate 5 - 8 %Īhrensburg, – BASLER AG, a leading provider of image processing components for computer vision applications, is today presenting final figures for the first three months of 2023.Free cash flow: Euro -7.7 million (previous year: Euro -28.1 million).After tax result: Euro -2.2 million (previous year: Euro 6.8 million, >-100 %). ![]() Pre-tax result: Euro -1.6 million (previous year: Euro 9.2 million, >-100 %). ![]() EBITDA: Euro 3.6 million (previous year: Euro 13.4 million, -73 %). ![]() ![]()
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Highland Park students had planned to conduct a walkout on the same morning to promote gun violence prevention. ![]() |
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