Barco shares soar after earnings beat, buyback announcement
11/02/2025 09:06
** Shares in Barco BAR.BR jump around 15% to their highest
since November after the Belgian visual technology company
reported full-year earnings ahead of expectations and launched a
share buyback
** EBITDA for financial year 2024 stood at 120.8 million
euros ($124.45 million), 16.8% above the LSEG-compiled consensus
** KBC describes the results as "very good," with cash flow
generation and buyback supporting the broker's PT of 13.2 euros
** "Barco's guidance for FY 2025 is relatively OK and seems
prudent on the top-line level," Degroof Petercam says, retaining
its "hold" rating
($1 = 0.9707 euros)
(Reporting by Johan Bodinier)
((Johangeorgesroger.bodinier@thomsonreuters.com))