Basler with record results in the first half of 2021
The camera manufacturer Basler achieves the strongest half-year in the company's history in terms of sales, profit and incoming orders. Compared to the same period last year, sales increased by 30 percent and profit by more than 60 percent.
Compared to the first half of 2020, sales increased by 30 percent to 115.2 million euros. Profit before tax increased by 63 percent year-on-year to 20.8 million euros. Order intake increased by 65 percent to 152.4 million euros. In the second quarter, order intake doubled compared to the previous year.
VDMA: Machine vision industry grew strongly in the first half of 2021
Basler thus once again outperformed the industry in the first half of the year: as of the end of June 2021, the German Engineering Federation (VDMA) reported a 17 percent increase in sales for the German manufacturers of machine vision components for the accumulated year 2021. According to VDMA, incoming orders in the industry increased by 29 percent in the same period. Accordingly, Basler significantly expanded its market share.
Seasonal low in demand likely to weaken in 2021
The positive demand trend of machine vision components in the application areas for semiconductors and electronics typically subsides in the second half of the year due to seasonal factors. However, due to the bottlenecks for semiconductors and electronics components and increasing demand in the areas of automation and medical technology, management expects a milder seasonal fluctuation by the end of the year.
Despite all operational challenges, management is very positive about the future and will update its medium-term business plan at the end of the year. So far, this plan foresees reaching a turnover of about 250 million euros in 2023.
Basler already presented excellent business figures in the past fiscal year.
