Germany-based machine vision and industrial camera maker Basler stock market value more than triples since the beginning of 2017. The company earning reports reveal a surge in its imaging business:
10-05-17
"The strong demand is mainly due to high investments in the electronics industry in Asia along with a widely spread upswing in the market. Furthermore, bottle necks in materials and production led to increasing delivery times and these to early order placements."
09-08-17
"In a very dynamic market environment, Basler AG closed the first half-year of 2017 with new record values in incoming orders and sales. For the first six months of 2017, the VDMA (Verband Deutscher Maschinen- und Anlagenbau, German engineering association) reported the strongest growth for image processing components since 15 years. For German manufacturers of image processing components this meant an order growth by 47 % and a sales growth by 43 % - in the same period Basler's incoming orders grew by 100 % and sales by 62 %.”
Thanks to JK for the link!
Update: Here is the English version of the stock price:
10-05-17
"The strong demand is mainly due to high investments in the electronics industry in Asia along with a widely spread upswing in the market. Furthermore, bottle necks in materials and production led to increasing delivery times and these to early order placements."
09-08-17
"In a very dynamic market environment, Basler AG closed the first half-year of 2017 with new record values in incoming orders and sales. For the first six months of 2017, the VDMA (Verband Deutscher Maschinen- und Anlagenbau, German engineering association) reported the strongest growth for image processing components since 15 years. For German manufacturers of image processing components this meant an order growth by 47 % and a sales growth by 43 % - in the same period Basler's incoming orders grew by 100 % and sales by 62 %.”
Thanks to JK for the link!
Update: Here is the English version of the stock price:
Basler Stock Skyrockets
Reviewed by MCH
on
September 26, 2017
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