on Basler AG (isin : DE0005102008)
Basler AG Releases 2024 Financial Statements, Projects Recovery in 2025
Basler AG has published its audited financial results for 2024, reporting a sales decline to €183.7 million, a decrease of 10% compared to 2023. However, incoming orders showed a promising rise to €192.4 million, up 15% from the previous year. Despite posting a net loss of €13.8 million, the free cash flow improved to €1.4 million, aided by strategic acquisitions.
The company foresees 2025 sales between €186 and €198 million, with an EBT margin from 0% to 5%. Cost-saving measures are expected to decrease the break-even point to approximately €180 million in sales. Medium-term, Basler anticipates average sales growth of 15%, aiming to achieve sales of over €275 million by 2028, aligned with the growth of the computer vision market.
Additionally, Basler aims for climate neutrality by 2030, focusing on sustainable corporate practices. The full annual report is accessible on their website.
R. P.
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