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BRIEF-Basler gives forecast for 2017
March 30, 2017 / 9:51 AM / 8 months ago

BRIEF-Basler gives forecast for 2017

March 30 (Reuters) - Basler Ag

* Reports annual forecast for 2017: the company expects strong growth in 2017

* Expects sales revenues to increase to 120 - 130 million euros in fiscal year 2017

* Company assumes to generate incoming orders of more than 50 million euros in Q1

* On earnings side, company plans a pre-tax return rate of 13 - 15 pct depending on sales development for 2017

* Incoming orders in first three months developed significantly above expectations and above strategic growth target of 15 pct Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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