Skip to main content

Basler reports increased sales for 2015, confirms continued growth

Industrial camera manufacturer Basler has reported an eight per cent increase sales in fiscal year 2015 to US$97 million from (EU85.4 million) from the previous year’s sales of US$90 million (EU79.2 million). According to plan, the company increased its staff in 2015 to make optimum use of medium to long term growth potential, reducing the high profitability and cash flow level of the previous year to invest in the company’s future. Against the background of 2015’s annual result, the company predict
April 1, 2016 Read time: 1 min
Industrial camera manufacturer 7094 Basler has reported an eight per cent increase sales in fiscal year 2015 to US$97 million from (EU85.4 million) from the previous year’s sales of US$90 million (EU79.2 million).

According to plan, the company increased its staff in 2015 to make optimum use of medium to long term growth potential, reducing the high profitability and cash flow level of the previous year to invest in the company’s future.

Against the background of 2015’s annual result, the company predicts a further increase in sales for fiscal year 2016.

For more information on companies in this article

Related Content

  • Telvent relocates and takes a global stance on ITS
    March 12, 2012
    Telvent's Manuel Sanchez Ortega, on relocating the company's headquarters to the US and how that fits in the international scheme of things. The change-of-address cards are in the post; Manuel Sanchez Ortega has just moved homes. The domestic upheaval of Telvent's Chairman and Chief Executive comes as a result of the decision to relocate many of the company's headquarter functions from Madrid to Rockville, Maryland in the US. Viewed in the context of its significant recent acquisitions in North America - am
  • Global ITS market expected to reach US$38.7 billion by 2020
    March 24, 2014
    The global market for intelligent transportation systems is expected to reach US$38.7 billion by 2020, according to a new study by Grand View Research. Growing demand for optimising fuel consumption and reducing emissions is expected to be the key driving force for the market. ITS aids in reducing incidents such as road accidents and boost safety, which is estimated to positively impact demand over the next six years. Increasing need for enhancing existing transportation networks coupled with demand for
  • Studies show HOV conversion to HOT improves transit
    February 4, 2016
    According to a December 2015 report from American Association of State Highway and Transportation officials, converting from high occupancy vehicle (HOV) to Express Lanes (HOT) benefits transit. Across the US, transit ridership and speeds increase when HOV goes HOT. Data from major cities that converted to Express Lanes show positive results, such as Miami, where 53 per cent of passengers said tolling affected their decision to use transit. Average bus travel increased from 18 to 55 mph on the I-95 E
  • Electric vehicle charging stations market
    April 7, 2016
    The growing need to reduce carbon emissions is pushing electric vehicle (EV) charging stations market along with increasing use of EVs, government subsidies and incentives according to a new research report from Reports and Reports. It forecasts the market to reach US$12.61 billion by 2022, at a CAGR of 29.8 per cent from 2016 to 2022. The growth of electric vehicle charging stations market is attributed to significant incentives offered by the Chinese government for EV buyers and tightening emission reg