Brief: Barco Sees FY EBITDA In Range Of EUR 56 Million To EUR 60 Million
21/12/2021 17:16
Dec 21 (Reuters) - Barco NV BAR.BR :
* SUPPLY CHAIN DISRUPTIONS, INCLUDING HIGHER COMPONENT
PRICES,
INCREASED FREIGHT BROKER RATES AND HIGHER LOGISTICS COSTS
FURTHER NEGATIVELY IMPACTED THE EBITDA FOR THE CURRENT YEAR
* WHILE SALES FOR 2021 ARE EXPECTED TO GROW MID-SINGLE DIGIT
YEAR-OVER-YEAR, IN LINE WITH EARLIER GUIDANCE, EBITDA FOR THE
YEAR IS NOW EXPECTED TO BE IN THE RANGE OF 56 TO 60 MILLION EURO
* BARCO IMPLEMENTED PRICE INCREASES ACROSS ITS PORTFOLIO AND
REGIONS AND EXPECTS THESE PRICE INCREASES TO BENEFIT GROSS
PROFIT MARGIN AS OF THE FIRST HALF OF 2022
Source text for Eikon: urn:newsml:reuters.com:*:nNDLyRpNc
Further company coverage: BAR.BR
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