Basler AG Reports 41% Decline in Incoming Orders for First Half 2023
AHRENSBURG, Germany, Aug. 18, 2023 — Basler, a leading manufacturer of cameras and accessories, reported that incoming orders decreased to €94 million ($102 million) in the first six months of 2023, a decrease of 41% from the same period last year, while sales for the same period were €116.1 million ($126 million), an 11% decrease from the prior year. In its sixth-month report to shareholders, management cited weakened demand from the consumer electronics, logistics, and laboratory automation equipment industries