The Basler Group has published its audited 2025 financial statements, revealing substantial year-over-year growth across key financial metrics and confirming preliminary results announced earlier in March. The company reported consolidated sales revenues of Euro 224.5 million, representing a 22% increase from the previous year's Euro 183.7 million. Incoming orders grew even more significantly, rising 23% to Euro 237.1 million compared to Euro 192.4 million in 2024.
Perhaps most notably, the company achieved a dramatic turnaround in profitability. Earnings before taxes (EBT) reached Euro 16.2 million, a substantial improvement from the adjusted loss of Euro -12.6 million in 2024. This resulted in a positive EBT margin of 7.2%, compared to the previous year's adjusted negative margin of -6.9%. The adjustments to 2024 figures stem from a change in accounting treatment of lease effects. Net income for 2025 stood at Euro 11.6 million, reversing the adjusted loss of Euro -14.2 million from the prior year.
Basler's performance exceeded market expectations, closing the fiscal year at the upper end of its revised forecast. The company had projected sales between Euro 220 million and Euro 225 million with an EBT margin between 5.5% and 7.5%. Management attributed this positive performance primarily to major customer projects in China and the United States, particularly in logistics, AI hardware production, and battery manufacturing for consumer electronics. European business also showed recovery in the second half of the year across diverse applications.
Structural measures implemented in previous years and strategic development of the product portfolio contributed significantly to the improved business performance and earnings. This positive trend strengthened throughout fiscal year 2025 and continued into the initial weeks of 2026. The company's free cash flow reached Euro 18.5 million, a substantial increase from Euro 1.4 million in 2024, reflecting both positive business development and reduced inventory levels.
Based on this strong performance, Basler's supervisory board approved a dividend resolution proposing Euro 0.11 per share for fiscal year 2025, representing approximately 30% of net income and consistent with the company's long-standing dividend policy. This proposal will be presented to the 2026 annual general meeting.
Looking ahead, management has issued an optimistic forecast for 2026, anticipating further growth based on positive incoming orders in recent months, industry association projections, and direct customer feedback. The company expects consolidated sales revenues between Euro 232 million and Euro 257 million, with an EBIT margin ranging from 6.5% to 10%. Management noted that the first quarter of 2026 is expected to exceed projected earnings due to strong incoming orders at the beginning of the year, though visibility for subsequent quarters remains limited and geopolitical uncertainties complicate the outlook.
Beyond financial objectives, Basler continues to pursue sustainability goals as part of its corporate development strategy. The company aims to achieve climate neutrality for Scope 1 and 2 emissions by 2030. The full annual report containing detailed financial information and strategic initiatives is available on the company's website at https://www.baslerweb.com.
