Due to strong incoming orders and sales in the first half year 2016 particularly from the Asian market - the business performance is better than expected. Therefore, the management board of Basler AG increases today the sales forecast for fiscal year 2016 from Euro 90 - 92 million to Euro 92 - 94 million.
Furthermore, the higher sales level as well as stable gross margins prompt the management board to also increase the profit forecast for the current fiscal year. The company henceforth
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