Trading update 3Q12

Regulated information
Kortrijk, Belgium, 24 October 2012. Barco delivers 13% sales growth on across-the-board increases.

Today Barco reported selected financial results for the third quarter ended 30 September 2012.

During the third quarter of 2012 Barco booked 291.2 million euro of incoming orders, an increase year-over-year of 14.8%.

Barco’s order book as of 30 September, 2012 stood at 503.3 million euro, up 1.8 million euro compared to both 30 September 2011 and 30 June 2012.

Barco’s sales were 285.0 million euro, an increase of 13.2% compared to the third quarter of 2011. For the first nine months of 2012, sales were 816.0 million euro, up 10.0% compared to the same period last year.

All of Barco’s operating divisions contributed positively to the company’s sales growth for both the third quarter and first nine months of 2012.

Barco’s EBIT and EBITDA increased year-over-year, consistent with the progress reported for the first half of 2012.

The company strengthened its positive net financial cash position.

 

Order book

 

3Q12

3Q11

Change

Barco

503.3

501.5

0.4%


Incoming orders

 

3Q12

3Q11

Change

Barco

291.2

253.6

14.8%

 

YTD12

YTD11

Change

Barco

834.1

814.0

2.5%

Sales per division

 

3Q12

3Q11

Change

Entertainment

123.0

119.1

3.3%

Healthcare

50.0

47.7

4.8%

Control Rooms & Simulation

58.3

43.6

33.7%

Defense & Aerospace

28.6

22.3

28.5%

Ventures

25.1

19.5

28.7%

Intra-group eliminations

(0.0)

(0.3)

 

 

 

 

 

Barco

285.0

251.8

13.2%

 

YTD12

YTD11

Change

Entertainment

341.9

325.7

5.0%

Healthcare

150.2

138.6

8.4%

Control Rooms & Simulation

161.9

143.1

13.1%

Defense & Aerospace

92.1

75.9

21.3%

Ventures

70.2

59.9

17.3%

Intra-group eliminations

(0.4)

(1.1)

 

 

 

 

 

Barco

816.0

742.1

10.0%

Financial Calendar
2H12 and FY12 results will be communicated on 7 February 2013.

The information given in this press release has not been reviewed by the statutory auditor.

About Barco
Barco, a global technology company, designs and develops visualization products for a variety of selected professional markets. Barco has its own facilities for Sales & Marketing, Customer Support, R&D and Manufacturing in Europe, North America and Asia Pacific. Barco (NYSE Euronext Brussels: BAR) is active in more than 90 countries with about 3,700 employees worldwide. Barco posted sales of 1,041 million euro in 2011.

© Copyright 2012 by Barco

For more information, please contact

Carl Vanden Bussche
Vice President Investor Relations
Barco nv

Telephone +32 56 26 23 22
carl.vandenbussche@barco.com

|