Basler Group First Half-Year Financial Performance: Analysis and Outlook for 2022
The first half-year of 2022 saw significant changes in financial performance compared to previous periods. Sales increased by 14% to €130.8 million, up from the €115.2 million reported a year earlier. Incoming orders showed a slight decrease of 3%, reaching €147.9 million against last year’s record level of €152.4 million.
This normalization in incoming orders followed six quarters characterized by exceptionally high demand and strong book-to-bill ratios. The downturn was particularly influenced by market disruptions related to lockdowns in China during the second quarter.
On the profitability side, earnings before taxes decreased by €6.0 million to €14.8 million. Despite this reduction from last year’s level of €20.8 million, the pre-tax return margin remains healthy at 11.3%, well within Basler’s target range of approximately 12%. This performance aligns with the company’s profitable growth strategy aiming for medium-term sales growth of around 15%.
Looking ahead to 2022:
The group has largely met its growth forecast despite challenges including reduced incoming orders, demand risks from lockdown-related market weaknesses in China, and general economic uncertainty. The management maintains a fundamentally optimistic outlook for the remainder of the year.
Key factors supporting this optimism include:
- A substantial order backlog of approximately €145 million
- Anticipated strong demand in upcoming quarters
However, sales performance in the second half will depend significantly on the availability of critical semiconductor components. To address these potential supply chain challenges, management has confirmed its forecast until further notice.
Based on this confirmation, Basler anticipates group sales of €235–265 million for 2022 at a pre-tax return margin of 9–12%.
For detailed financial information and supporting documents:
- Download the full half-year report (available on the company website)
- Download press release
- Access various picture formats
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Last Updated: 2025-09-04 21:59:28