Barco | Investors | Press Releases

Barco creates giant 360° LED screen for U2

Tue, 30 Jun 2009 15:55:00 GMT

Kuurne, Belgium, 30 June 2009. Barco, a global leader in creative LED technology, is proud to announce the world's first transformable LED screen for U2's latest world tour. With its 360° shape, the LED screen surrounds the band while performing and can change shape in all directions during the concert, For the third time this millennium, the Barco – U2 cooperation resulted in a revolutionary approach to video, this time totaling more than 500,000 pixels of video, making it the biggest LED screen ever used in concert touring. U2's worldwide tour kicks off 30 June in a sold out Camp Nou stadium in Barcelona, Spain.

Barco China awarded ISO 14001 certification for design, manufacture and installation of LED displays

Fri, 19 Jun 2009 05:59:00 GMT

Shanghai, CHINA, 19 June 2009 — Barco, a world leader in visualization and display solutions, is proud to announce that its Global LED Manufacturing Operations was awarded ISO 14001 certification on 7 May 2009. The certification covers the design, manufacture and installation of LED displays, and solidifies the company's environmental awareness and business philosophy to create cost-effective, green and reliable products.

Cinemark and Barco Sign Exclusive Partnership for the Delivery of Enhanced DLP Cinema® 4K Digital Projection

Thu, 18 Jun 2009 06:00:00 GMT

This partnership continues Barco's position as leader in the Digital Cinema market in the years to come

Cinemeccanica and Barco sign contract with Cineville, further expanding digital cinema roll-out in France

Thu, 11 Jun 2009 14:30:00 GMT

Kuurne, Belgium, 11 June 2009. Cinemeccanica and digital cinema pioneer Barco are proud to announce another digital cinema deployment deal in France. Both companies have signed a contract with Cineville for the installation of thirty Barco 2K digital cinema projectors in five multiplexes.

Barco settles patent litigation with Aydin Displays, Inc.

Thu, 04 Jun 2009 18:00:00 GMT

Kuurne, Belgium, 4 June 2009. Barco, N.V. (Nyse Eurnonext Brussels: BAR), together with its U.S. affiliate Barco Federal Systems, LLC, announced today that it has entered into a License Agreement with Aydin Displays Inc., a subsidiary of Video Display Corporation (NASDAQ: VIDE).

Cinemeccanica and Barco take leading role in French digital cinema roll-out

Wed, 03 Jun 2009 13:15:00 GMT

Kuurne, Belgium, 3 June 2009. Cinemeccanica and digital cinema pioneer Barco are proud to announce a milestone contract with French exhibitor Cap Cinema. Under the terms of the agreement, both companies will install eighty 2K DLP digital projectors in Cap Cinema theaters across France.

Barco and Kodak sign worldwide digital projector supply agreement

Tue, 19 May 2009 05:30:00 GMT

Kortrijk, Belgium, 19 May 2009. Barco, a global leader in digital cinema projection technology, is proud to announce that it has signed a supply agreement with Kodak, a global leader in entertainment imaging. Under the terms of the agreement, Barco could deliver up to 10,000 digital cinema projectors to support Kodak's worldwide digital cinema deployment.

Barco appoints Urbain Vandeurzen as director

Thu, 30 Apr 2009 15:00:00 GMT

Kortrijk, Belgium, 30 April 2009 – At the Annual General Meeting of Barco, held on 30 April 2009, Dr. Urbain Vandeurzen was appointed as independent director of the company. The Annual General Meeting also reappointed Mr. Jan P. Oosterveld and Ms. Christina von Wackerbarth as independent directors of the company.

Barco sets up flagship reference site in one of Belgium's major general hospitals

Wed, 29 Apr 2009 08:15:00 GMT

Kortrijk, Belgium, 29 April 2009 – Medical imaging specialist Barco is further expanding its clinical collaborator network with a brand-new customer reference site at the 'Dienst Medische Beeldvorming', the radiology practice serving the General Hospital Group AZ Groeninge in Kortrijk, Belgium. With this initiative, Barco further intensifies its cooperation with the clinical end-user community.

Focus on cost reduction and working capital generates the cash needed to reposition the company for future growth

Wed, 22 Apr 2009 05:30:00 GMT

Regulated information

Kortrijk, Belgium, 22 April 2009 - Barco (Euronext: BAR; Reuters: BARBt.BR; Bloomberg: BAR BB) today announced results for the three-month periods ended 31 March, 2009¹.

Barco selected by EADS Defence & Security for major radar system upgrade of the German Air Force

Wed, 01 Apr 2009 15:45:00 GMT

Kortrijk, Belgium, 1 April 2009 – Barco, a leader in display and visualization solutions for selected professional markets, has been selected by EADS Defence & Security (DS), Ulm, Germany, for the delivery of visualization hardware and software components to be integrated into new radar systems of the German Air Force. The contract fits into a comprehensive program including the upgrade of 22 radar systems for military airfields all over Germany by 2015. For Barco, the contract holds a total value of almost 14 million Euro.

Barco contracts with China Film Group Corporation for 100 digital cinema projectors

Tue, 31 Mar 2009 15:45:00 GMT

Teaming with China film and television giant, Barco is set to roll out its best digital cinema technology in China's major cities.

Beijing, CHINA, 30 March 2009 — Barco, a world leader in visualization and display solutions, has won a major contract with China Film Group Corporation, the largest and most influential state-run film enterprise in China. In cooperation with GDC Technology, a leading partner in providing integrated solutions, Barco will deploy 100 digital cinema projectors in select China cities.

GDC and Barco announce digital cinema deployment contracts with two major Chinese exhibitors

Tue, 31 Mar 2009 15:45:00 GMT

ShoWest, Las Vegas (April 1, 2009) – GDC Technology ("GDC"), a world leading digital cinema solution provider and Barco, a global market leader in professional visualization, are pleased to announce digital cinema deployment contracts with Hengdian Entertainment Co., Ltd ("Hengdian") and Jinyi Zhujiang Movie Circuit Co., Ltd ("Jinyi"). Hengdian is China's thirteenth largest exhibitor, while Jinyi is the nation's sixth largest exhibitor (according to 2007 published box office collection). In total GDC and Barco will equip 120 theaters with digital projection. Jinyi already began deploying Barco technology in the course of February 2009, with all systems to be installed in the next 18 months, whereas deployment for for Hengdian is slated to start in April 2009. The DCI-2000 Digital Cinema Integrated Projection System, which consists of GDC's SA-2100 Digital Cinema Server and Barco's DLP Cinema® Projector, will be adopted for both installations. Together GDC and Barco have already deployed more than 700 digital cinema projection systems.

MOVING iMAGE TECHNOLOGIES selects Barco projectors for new digital cinema funding program

Mon, 30 Mar 2009 15:45:00 GMT

Barco, MiT and All Media Capitol partner to offer attractive 3D equipment and financing packages at volume discounts for small to mid-sized exhibitors.

Barco China awarded ISO14001 certification, extending its commitment to environmental protection and being a leading ‘green' enterprise.

Mon, 16 Feb 2009 16:00:00 GMT

Shanghai, CHINA, 20 February 2009 — Barco, a world leader in visualization and display solutions, announces that Barco China received its ISO 14001 Environmental Management Systems (EMS) certification on 26 December 2008. The certification includes all of Barco's offices in Shanghai, Beijing, Beijing Changping, Guangzhou, Chengdu, and Hong Kong.

Disclosure in accordance with the provisions of the Act of 2 May 2007: Transparency law - Allianz SE

Tue, 10 Feb 2009 15:30:00 GMT

Regulated information

Notification of participations as of 9 February 2009

Barco confirms earlier trading update on 2008 results

Wed, 04 Feb 2009 06:30:00 GMT

Regulated information

Kortrijk, Belgium, 4 February 2009 - Barco (Euronext: BAR; Reuters: BARBt.BR; Bloomberg: BAR BB) today announced results for the three- and twelve-month periods ended 31 December, 2008. ¹

Incoming orders booked in 4Q08 were at 203.9 million euro, up 11.1% compared to 4Q07. Sales declined to euro 207.9 million, down 6.6% compared to the same period of 2007. EBIT for the quarter was minus 24.2 million euro after restructuring and impairment provisions. Before the same provisions EBIT was minus 2.0 million euro.

Sales of continuing operations for the entire fiscal year 2008 were 725.3 million euro, down 1.5% to FY07, whereas incoming orders declined with 2.7% to 762.6 million euro in FY08. EBIT for FY08 was 8.9 million euro before restructuring and impairment charges, down almost 50 million euro from FY07. Restructuring and impairment charges booked amounted to 26.7 million euro.

Working capital was reduced with 35.8 million euro and net debt with 20 million euro to 32.8 million.

As previously announced the Board of Directors of Barco will propose to the Annual Shareholders' meeting not to pay a dividend over 2008. Due to the global financial uncertainty and the company's weak results Barco opted to pursue a conservative financial profile.

¹ Following IFRS rules comparison must be made on the basis of "continuing operations". This means that the results of the medical advanced visualization activities of the business unit Voxar are shown as a separate line ("results from discontinued operations") and added to the net results of the continuing operations. All financial data appearing further in this announcement will be based on "continuing operations", unless otherwise indicated. Barco divested Voxar to Toshiba Medical Systems Corporation, Tokyo, Japan, in 1Q09.

Barco closes sale of Advanced Visualization business to Toshiba

Tue, 03 Feb 2009 08:00:00 GMT

Regulated information

Kortrijk, Belgium, 03 February 2009 – Medical imaging specialist Barco announces that the company closed the divestment operation of its Advanced Visualization (AVIS) activities to Toshiba Medical Systems Corporation, Tokyo, Japan. Details of the impact of the operation will be given with the announcement of Barco's first quarter 2009 financial results on 22 April 2009.

Trading Update and Management Change

Mon, 19 Jan 2009 07:01:00 GMT

Regulated information

Trading update

Kortrijk, 19 January 2009. FY08 profitability hit by economic downturn but significant improvement in working capital in 4Q08 leads to a better cash position

Barco digital projection exclusive choice for Premiere Cinema Corp.

Fri, 12 Dec 2008 16:00:00 GMT

Following closely on the signing of the Phase II Supply Agreement for Digital Cinema systems with Cinedigm (formerly AccessIT), Premiere Cinema Corp. exclusively selects Barco for its digital projectors and complete systems integration solution.

Barco stars in architectural fairy tale in Brussels designed by Magic Monkey

Fri, 12 Dec 2008 16:00:00 GMT

Kortrijk, Belgium, 12 December 2008. Barco, a global leader in LED technology, is proud to announce that its creative LED MiSTRIP has been chosen for the Electrabel Nights in Brussels. From 28 November to 28 December 2008, the Grand Place is the setting for a spectacular sound and light spectacle designed and produced by Magic Monkey and showing Barco's MiSTRIP at its best.

Stephan Paridaen, President of the Media & Entertainment Division, to leave Barco

Tue, 09 Dec 2008 15:50:00 GMT

Kortrijk, 9 December 2008. Today Barco announces that the company and Mr Stephan Paridaen will end the employment agreement between the two parties as of 1 January 2009. Mr Paridaen guarantees a smooth transition of the management of his division to his successor, who will be announced in due time.