August 10, 2017 / 7:49 AM / 12 days ago

BRIEF-Basler H1 group sales of EUR 78.5 million ​

Aug 10 (Reuters) - BASLER AG:

* ‍IN FIRST SIX MONTHS OF FISCAL YEAR 2017, GROUP'S INCOMING ORDERS AMOUNTED TO EURO 100.4 MILLION (PREVIOUS YEAR: EURO 50.2 MILLION, +100 %)​

* ‍H1 GROUP'S SALES OF EURO 78.5 MILLION WERE 62 % ABOVE PREVIOUS YEAR'S LEVEL (EURO 48.5 MILLION)​

* ‍RECENTLY, COMPANY RAISED ITS 2017 FORECAST AND NOW PLANS WITHIN A GROUP'S SALES CORRIDOR OF EURO 140-150 MILLION AT A PRE-TAX MARGIN OF 15-18 %​

* H1 EBT FOR GROUP WERE POSITIVELY IMPACTED BY ECONOMIES OF SCALE AND AMOUNTED TO EURO 18.2 MILLION (PREVIOUS YEAR: EURO 5.3 MILLION)​ Source text - bit.ly/2vQOvCA Further company coverage: (Gdynia Newsroom)

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