Brief: Barco Targets EBITDA Margin At 14%-18% Over Next 3 Yrs

Barco NV

08/09/2022 06:19

Sept 8 (Reuters) - Barco NV  BAR.BR :
    * FOR NEXT 3 YEARS, MANAGEMENT GUIDES FOR A HIGH SINGLE
DIGIT
ORGANIC TOPLINE CAGR WITH A MORE ARTICULATED GROWTH IN 2023 (10
TO 15%)
    * WE TARGET AN EBITDA MARGIN OVER NEXT 3 YEARS BETWEEN 14%
AND 18%
    * SHARED ITS NON-FINANCIAL OBJECTIVES FOR 2025, TARGETING
MORE
THAN 70% OF ITS REVENUES TO BE ECO-LABELLED AND A CARBON
EMISSION REDUCTION OF 45% (VERSUS BASELINE OF 2015)
    * RECONFIRMING 2022 OUTLOOK WITH A 25% TOPLINE GROWTH
COMPARED TO
2021, AND AN EBITDA MARGIN FOR YEAR BETWEEN 10% AND 12%
    * BARCO WILL ALSO SHARE ITS OUTLOOK-GUIDANCE, RECONFIRMING
2022
OUTLOOK WITH A 25% TOPLINE GROWTH COMPARED TO 2021, AND AN
EBITDA MARGIN FOR YEAR BETWEEN 10% AND 12%
    * OUTLOOK ASSUMES ECONOMIC CONDITIONS AND SUPPLY CHAIN
CONSTRAINTS
DO NOT FURTHER DETERIORATE AND ORDERS TO SALES CONVERSION
CONTINUES TO IMPROVE IN SECOND HALF OF YEAR

Source text: https://bit.ly/3Rs77zS
Further company coverage:  BAR.BR 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 587 696 600;))