Business
Basler : 06.05.2026 Präsentation 3-Monatsbericht 2026 (20260506 Q1 Report 2026)
Basler : 06.05.2026 Präsentation 3-Monatsbericht 2026 (20260506 Q1 Report
About this update from Basler Ag
3-Months Report 2026 May 6th, 2026 Hardy Mehl | CEO Ines Brückel | CFO Agenda Executive Summary Financials Share Outlook Q&A German Industry for Vision Components: Bookings yoy +20 %, billings yoy +9 % (VDMA*) Broader market recovery in many verticals. Manufacturing PMIs for investment goods above 50 with positive trends. Strong market development in semicon, consumer electronics, logistics and data center hardware production. Ongoing high competition intensity, especially in China and Asia Pacific Uncertain US tariff situation. GeopoIitical frictions rising but so far, no direct impact on vision industry. FX headwind from KRW and Yen - devaluation against EUR Expanding lead times and supply bottlenecks become visible * Source: VDMA Jan. - March 2026; nominal values Q1 2026 vs. Q1 2025: Bookings yoy +64 %, billings yoy +30 % Basler clearly outperformed the industry Strong order momentum accelerated in Q1 - positive book-to-bill ratio Highest growth region China. Strong business momentum in all regions Gross Profit Margin improvement to 51.5 % (PY adj.: 47.5 %) EBIT almost tripled to € 17.6 mill. (PY adj: € 6.2 mill.); EBIT Margin 22.7 % (PY adj.: 10.5 %) Free Cashflow of € 4.8 mill. (PY adj.: € -1.8 mill.) R&D gross quota from sales: 9.6 % R&D gross quota from sales (adj.): 12.9 % 23 % R&D 24 % R&D 17 % Administration 13 % Administration 836 37 % Sales & Marketing 849 41 % Sales & Marketing 23 % Operations FTEs e/o Q1 2026 22 % Operations FTEs e/o Q1 2025 TDI Vision System Stereo mini GMSL Vision System Basler Vision Simulator NVIDIA GTC, San Jose, USA March 16 - 19, 2026 LogiMat, Stuttgart March 24 - 26, 2026 Vision China, Shanghai March 25 - 27, 2026 Agenda Executive Summary Financials Share Outlook Q&A Total Sales and Distribution by Region Global Organization 1 2 10 9 Headquarters, Germany U.S Taiwan Singapore 17 % (PY: 24 %) Americas 34 % (PY: 28%) 8 6 7 5 5 6 China Korea 3 7 Japan 8 India 4 9 Italy 10 France Sales Offices China TOTAL 28 % (PY: 28 %) EMEA € 77.3 mill. 21 % (PY: 20 %) Asia Public | © Basler AG 11 Bookings +64 %; billings +30 % yoy 85.6 77.3 52.1 59.5 61.2 52.2 58.5 56.3 65.3 56.5 Q1 2025 Q2 Q3 Q4 Q1 2026 Public | © Basler AG Incoming Orders mill. € Revenue mill. € 12 47.5 45.6 48.4 48.0 51.5 39.8 28.2 23.8 27.3 27.1 Q1 2025 Q2 Q3 Q4 Q1 2026 Gross Profit mill. € (adj. in 2025) Gross Margin % (adj. in 2025) EBIT and EBIT Margin 22.7 10.5 4.8 10.3 5.6 17.6 6.2 5.8 2.5 3.2 Q1 2025 Q2 Q3 Q4 Q1 2026 EBIT mill. € (adj. in 2025) EBIT Margin % (adj. in 2025) P&L Q1 2026 vs. Q1 2025 (in € mill.*) P&L Q1 2025 in € mill.* Q1 2026 (adj.) +/- Order Entry 85.6 52.1 64% Revenue 77.3 59.5 30% Gross Profit Margin 51.5% 47.5% 4.0 Pp. EBITDA 21.0 10.1 >100% EBIT 17.6 6.2 >100% EBIT Margin 22.7% 10.5% 12.2 Pp. Net Income 13.0 4.8 >100% EPS in € 0.42 0.16 >100% *unless otherwise stated Free Cashflow 11.0 9.6 8.0 7.6 1.5 -2.7 -2.5 -2.1 -2.7 -2.8 -1.8 4.8 5.3 6.0 9.0 Q1 2025 Q2 Q3 Q4 Q1 2026 OCF mill. € (adj. in 2025), pro-forma* ICF mill. € (adj. in 2025), pro-forma* FCF mill. € (adj. in 2025), pro-forma*/ ** *adj., pro forma: Q2-Q4 2025 figures are derived on an indicative basis **excluding foreign exchange effects Liquidity and Cashflow (in € mill.) Cash Flow in € mill. Q1 2026 Q1 2025 (adj.) +/- Cash b/o period 29.0 21.3 36% Cashflow from Operations 7.6 1.5 >100% Cashflow from Investments -2.8 -2.7 -4% Exchange rate effects cash holdings -0.1 -0.6 91% Free Cashflow 4.8 -1.8 >100% Cashflow from Financing -5.7 -3.4 -67% Cash e/o period 28.1 16.1 74% Net Cash in € mill. Q1 2026 Q1 2025 (adj.) +/- Liabilities to banks -42.0 -46.5 10% Cash and Cash equivalents 28.1 29.0 -3% Net Debts (w/o leasing) -13.9 -17.5 20% Agenda Executive Summary Financials Share Outlook Q&A Basler Shareholder Structure 53 % Norbert Basler Holding GmbH 30 % Free Float 4 % Universal Investment 4 % Norges Bank 4 % Dr. Dietmar Ley 3 % Union Investment 2 % Treasury Shares *as of 03/31/2026 Basler Share versus TecDax 2026 € 15.32 opening price on January 2, 2026 Opening Price on May 6th € 23.10 € 12.50 closing price on March 31, 2026 Agenda Executive Summary Financials Share Outlook Q&A We expect the computer vision market to grow at least high single digit in 2026 Broader industry recovery to continue with high growth in semicon, consumer electronics, data center hardware and logistics applications Trade and geopolitical conflicts to rise. Combined with the Middle East conflict makes the second half of the year hardly predictable Currency volatility and continuing weakness of KRW, JPY against EUR Supply chains tightening Competitive intensity to stay high, especially in China and Asia Pacific Under these assumptions we increased our guidance for 2026: Revenue: € 247 - 270 mill. (before € 232 - 257 mill.) EBIT Margin: 9.5 % - 13 % (before 6.5 % - 10 %) Financial Mid-term Plan ~15 % CAGR >13 % EBIT margin 2028 € 275 mill. 70 % Revenue CCR * *Cash Conversion Rate FCF/EAT (excl. M&A transactions) Assumptions : Computer vision market will grow again - mid to high single digit long-term CAGR expected Successful execution of Basler's strategy to address a bigger market Market recovery begins 2026 at the latest Access to China market remains Agenda Executive Summary Financials Share Outlook Q&A Questions & Answers Hardy Mehl Ines Brückel Phone +49 4102 463 0 [email protected] Public | © Basler AG 26 Um den Rest dieser Noodl zu lesen, rufen Sie bitte die Originalversion auf, und zwar hier .