Basler Stock Skyrockets

Image Sensors World        Go to the original article...

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:

"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."

"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:

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