Brief: Barco H1 Sales Rise 10% YoY To EUR 520.9 Mln

Barco NV

19/07/2023 06:27

July 19 (Reuters) - Barco NV  BAR.BR :
    * H1 ORDERBOOK AT 505.8 MILLION EURO, 9.3 MILLION EURO
HIGHER THAN
YEAR-END 2022
    * OUTLOOK: SALES AND EBITDA MARGIN ARE EXPECTED TO BE HIGHER
IN
THE SECOND HALF OF THE YEAR THAN IN THE FIRST HALF OF THE YEAR
    * OUTLOOK: RECONFIRMING SUSTAINABLE PROFITABLE GROWTH
    * WE RECONFIRM OUR LONG-TERM GUIDANCE FOR A HIGH
SINGLE-DIGIT
SALES CAGR AND AN EBITDA MARGIN IN THE RANGE OF 14-18%
    * REAFFIRMS ITS EXPECTATION FOR AN EBITDA MARGIN ABOVE 14%
FOR THE
FULL YEAR 2023
    * H1 NET INCOME ATTRIBUTABLE TO EQUITY HOLDERS WAS 33.3
MILLION
EURO OR 6.4% OF SALES COMPARED TO 22.4 MILLION EURO OR 4.7% OF
SALES FOR H1 2022
    * H1 ORDERS EUR 541.1 MILLION
    * H1 EBITDA EUR 65 MILLION
    * H1 SALES EUR 520.9 MILLION

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

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