Brief: Barco NV Reports 2022 Sales Of EUR 1,058.3 Million, up 32%

Barco NV

09/02/2023 06:37

Feb 9 (Reuters) - Barco NV  BAR.BR :
    * ASSUMING STABILIZING MACRO-ECONOMIC CONDITIONS, MANAGEMENT
CONFIRMS ITS EXPECTATION OF SALES GROWTH BETWEEN 10 AND 15% FOR
2023 VERSUS PREVIOUS YEAR
    * 2022 ORDERS EUR 1,058.4 MILLION, UP 8% VERSUS ORDERS IN
2021
    * 2023 OUTLOOK SEES EXPECTED EBITDA MARGIN TO FURTHER
IMPROVE AND
MOVE ABOVE 14% FOR FULL YEAR 2023
    * 2022 SALES EUR 1,058.3 MILLION, UP 32% VERSUS SALES IN
2021
(+24% AT CONSTANT CURRENCIES)
    * 2022 EBITDA EUR 126.5 MILLION EUR OR 12.0 % OF SALES
VERSUS EUR
58.5 MILLION IN 2021
    * BARCO'S BOARD OF DIRECTORS WILL PROPOSE TO GENERAL
ASSEMBLY TO
DISTRIBUTE A GROSS DIVIDEND OF EUR 0.44 PER SHARE, A 10%
INCREASE FROM EUR 0.40
    * ORDERBOOK YEAR-END 2022 EUR 496.5 MILLION, UP EUR 9.5
MILLION
EUR VERSUS YEAR-END 2021
    * 2022 FREE CASH FLOW EUR 13.1 MILLION VERSUS EUR 78.0
MILLION IN
2021

Source text for Eikon:  ID:nFWN34P1BC 
Further company coverage:  BAR.BR 
 (Reporting by Gdansk Newsroom)
 ((PierreJohn.Felcenloben@thomsonreuters.com;))