Brief: Barco H1 Sales Up At EUR 473 Mln

Barco NV

19/07/2022 06:21

July 19 (Reuters) - Barco NV  BAR.BR :
    * FIRST HALF RESULTS
    * ORDERS 1H22 OF 509 MILLION EURO, AN INCREASE OF 9% VERSUS
1H21
    * ASSUMING ECONOMIC CONDITIONS AND SUPPLY CHAIN CONSTRAINTS
DO NOT
FURTHER DETERIORATE AND ORDERS TO SALES CONVERSION CONTINUES TO
IMPROVE, MANAGEMENT EXPECTS SALES FOR THE YEAR 2022 WILL
INCREASE APPROXIMATELY 25% COMPARED TO 2021, WITH AN EBITDA
MARGIN BETWEEN 10 TO 12%
    * END-H1 ORDERBOOK AT 538 MILLION EURO, 146 MILLION EURO
HIGHER
COMPARED TO 1H21 AND 51 MILLION EURO HIGHER COMPARED TO YEAR-END
2021
    * EBITDA 1H22 OF 46 MILLION EURO
    * SALES 1H22 OF 473 MILLION EURO, AN INCREASE OF 29%
COMPARED TO
1H21

Source text for Eikon:  ID:nNDL3HR7Xf 
Further company coverage:  BAR.BR 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))