In its 2012 annual report, camera maker Basler (Ahrensburg, Germany) reports that it has achieved one of the best financial results in the company's history.
Sales increased one percent in 2012 to € 55.9m, compared with sales in the previous year of € 55.1m, and the gross profit margin of the company increased to 48.1 percent compared with 44.3 percent the year before. Earnings before taxes remained the same at €5.6m.
The company attributes its success to focusing purely on its camera business, a course it decided upon four years ago.
As it has done in the past two years, Basler will propose to distribute a dividend of 30 cents per share at its general meeting this year.
For fiscal year 2013, Basler expects its sales revenues to increase from € 60m to € 63m.
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-- Dave Wilson, Senior Editor, Vision Systems Design