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TRADING UPDATE 3Q15
Posted on Wednesday, October 21, 2015
Regulated information
Kortrijk, Belgium, 21 October 2015 – Today Barco (Nyse/Euronext: BAR; Reuters: BARBt.BR; Bloomberg: BAR BB) announced results for the third quarter ended 30 September 2015.

Incoming orders booked during the third quarter of 2015 were 269.3 million euro, an increase of 25.1% compared to the third quarter of 2014.

Order book as of 30 September 2015 stood at 367.2 million euro, up 34.2 million euro compared to 30 June 2015 and up 23.0 million euro compared to 30 September 2014.

Sales for the quarter were 230.3 million euro, slightly ahead of the third quarter of 2014 at 229.3 million euro. Sales year-to-date were 737.6 million euro, an increase of 11.2% compared to last year.

Quote of the CEO, Eric Van Zele

“Barco’s incoming orders and backlog continued to grow at a rapid pace, helped by rather favourable currency translations.”

“On the other hand Barco’s third quarter shipments somewhat lagged the order momentum due to minor IT conversion and supply chain issues.  On a year-to-date basis our sales performance remains solid in all divisions and the company is well positioned to continue to deliver profitable growth. Our outlook for 2015 remains unchanged,” said Eric Van Zele, president and CEO.

“During the quarter we also implemented measures to improve profitability in our Control Rooms business and launched a few strategic growth initiatives.” 

Order Intake & Order Book

Order Book

(in millions of euros)

3Q15

2Q15

1Q15

4Q14

3Q14

Order book

367.2

333.1

339.7

302.2

344.2

Order Intake

(in millions of euros)

3Q15

2Q15

1Q15

4Q14

3Q14

Order Intake