Basler AG : H1 18 postview: normalizing growth as expected, 2018 guidance reiterated
>H1 2018: sales +6.1% yoy, EBT +6.7% yoy - Basler AG (BSL) reported H1 18 figures yesterday (13 August) which came in slightly above its exceptionally strong H1 2017 level. H1 2018 revenues stood at € 83m (up 6% yoy), slightly below our estimate (€ 86m). Q2 18 revenues were down -9% yoy to € 38.4m, below our estimate of € 41m. As expected, last year’s strong demand for capital goods from the electronic industry, driven by an extraordinary investment cycle of manufactu...Basler develops, manufactures and sells machine vision technology. Co. provides line scan cameras and area scan cameras, as well as network cameras. Co.'s cameras are used in a diverse range of industries. They are used in industrial production applications like electronics and semiconductor inspection, in robotics, food control, postal sorting and in print image control. In the medical sector, Co.'s cameras are used in many different tasks, such as microscopy, ophthalmology, and blood or specimen analysis. Co.'s cameras are also fit optimally for the traffic and transportation sector, as well as for the surveillance sector.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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