Basler AG reported group final earnings results for the first quarter of 2013. For the quarter, the company's group sales amounted to EUR 15.1 million, 23% above the previous year's figure of EUR 12.3 million. The company achieved earnings before taxes for the group of EUR 1.8 million compared with EUR 1.0 million a year ago. Earnings before interest and taxes EUR 2.0 million compared with EUR 1.2 million a year ago. Operating cash flow was EUR 1.9 million compared with EUR 1.4 million a year ago. The management board is maintaining its sales and profit forecast for fiscal year 2013, despite the first quarter results that were better than expected. The sales will accordingly be within a corridor between EUR 60 million and EUR 63 million and the pre-tax margin will be between 8% and 10 %.

Basler AG, Q1 2013 Earnings Call, May 07, 2013

Basler AG reported preliminary earnings results for the first three months of 2013. For the period, the company reported sales of €15.1 million against €12.3 million a year ago, increase of 23%. Earnings before interest and taxes (EBIT) was €2.0 million against €1.2 million a year ago, increase of 67%. Earnings before taxes (EBT) was €1.8 million against €1.0 million a year ago, increase of 80%. Operational cash flow was €1.9 million against €1.4 million a year ago, increase of 36%. In view of the continuing uncertainties in the markets and the resulting economic risks, for the time being the company is maintaining its sales and profit forecast for 2013. The sales will accordingly be within a corridor between €60 million and €63 million and the pre-tax margin will be between 9% and 10%.