Barco mengumumkan percepatan pertumbuhan di paruh pertama 2022

Barco has announced a 29% year-on-year increase in revenue during the first half of 2022, with growth accelerating between the first and second quarters of the year.

The growth to half-yearly sales of €473 million, was revealed in a half-yearly results statement published yesterday.

There was a strong increase in demand in the cinema and meeting room sectors, taking sales in the second quarter of the year above the pre-pandemic levels seen in the second quarter of 2019.

Earnings before interest, taxes, depreciation and amortisation of grew to 9.8% of sales at €46 million, compared to 7.5% and 27.5 million Euros, during the first half of 2021.

Orders for the first half of 2022 were also up 9% year on year, at €509 million, while the order book grew 16% year on year to €538 million.

Barco’s entertainment division posted a double-digit year-on-year increase in both orders and sales, despite the negative impact of ongoing component shortages and regional lockdowns in China. Most of the growth came from “the Americas” region, where demand for projectors picked up again. In addition, orders were strong in immersive experiences, resulting in healthy double-digit revenue growth.

Enterprise had a good first half, with second-quarter revenue comparable to 2Q19. As a result of a more stable ‘back-to-office’ environment in Europe and the Americas, meeting experience revenue grew more than 50% in the first semester with revenue in the second quarter ahead of 2Q19. Large video wall revenue grew by double digits year-on-year in the first half and was flat in the second quarter versus 2Q19.

Barco’s joint CEOs, An Steegen and Charles Beauduin, commented: “Strong demand for our solutions drove Q2 revenue above pre-pandemic levels, well supported by a more focused organisational structure. For the second half of the year, we are well prepared to achieve steady sales growth and further improve margins based on product mix and operational improvements.”

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