Brief: Barco H1 Sales 366 Million Euros, Down 10% year-on-year

Barco NV

19/07/2021 06:44

July 19 (Reuters) - BaARCO NV  BAR.BR :
    * FIRST HALF RESULTS
    * H1 ORDERS 465.6 MILLION EURO, AN INCREASE OF 17% VERSUS
YEAR AGO
    * MANAGEMENT IS CONFIDENT THAT SALES FOR THE YEAR WILL SHOW
A
MARKED INCREASE VERSUS LAST YEAR WITH A FULL YEAR EBITDA MARGIN
HIGHER THAN THE FIRST SEMESTER EBITDA MARGIN
    * ORDERBOOK AT 391.4 MILLION EURO, 110 MILLION EURO HIGHER
COMPARED TO YEAR-END 2020
    * H1 SALES OF 366.0 MILLION EURO, 10% BELOW 1H20; EXCLUDING
CURRENCY EFFECTS, SALES WERE 6% BELOW LAST YEAR
    * FREE CASH FLOW FOR 1H21 WAS 35 MILLION EURO COMPARED TO
-51
MILLION EURO LAST YEAR
    * H1 EBITDA OF 27.5 MILLION EURO, OR 7.5% OF SALES VERSUS
10% FOR
1H20 AND 3.5% FOR 2H20
    * END-H1 NET FINANCIAL CASH POSITION WAS 262.6 MILLION EURO
COMPARED TO 223.2 MILLION EURO A YEAR AGO AND 193.5 MILLION EURO
AT THE END OF LAST YEAR

Source text for Eikon:  ID:nNDLc3zS6j 
Further company coverage:  BAR.BR 

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