BARCO NV Kortrijk, Belgium, 20 April 2016 - Today Barco (Nyse/Euronext: BAR; Reuters: BARBt.BR; Bloomberg: BAR BB) announced the results for the first quarter ended 31 March 2016.
Order book as of 31 March 2016 stood at 350.5 million euro, up 17.3 million euro compared to 31
December 2015 and up 10.8 million euro compared to 31 March 2015.
Sales for the quarter were 255.1 million euro, an increase of 5.6% up compared to the first quarter of 2015.
Quote of the CEO, Eric Van Zele
'Barco delivered an encouraging first quarter with good growth in incoming orders, backlog and sales. Healthcare and Enterprise continued to grow while the Entertainment division delivered stable performance in Q1,' said Eric Van Zele, president and CEO. 'We are on track to deliver on our outlook for 2016.'
Order Intake & Order Book
Order Book
(in millions of euros) | 1Q16 | 4Q15 | 3Q15 | 2Q15 | 1Q15 |
Order book | 350.5 | 333.2 | 367.2 | 333.1 | 339.7 |
Order Intake
(in millions of euros) | 1Q16 | 4Q15 | 3Q15 | 2Q15 | 1Q15 |
Order Intake | 280.8 | 251.9 | 269.3 | 267.9 | 254.6 |
Sales
Sales
(in millions of euros) | 1Q16 | 4Q15 | 3Q15 | 2Q15 | 1Q15 |
Sales | 255.1 | 292.4 | 230.3 | 264.6 | 241.6 |
Sales per division
(in millions of euros) | 1Q16 | 1Q15 | Change |
Entertainment | 133.1 | 134.9 | -1.3% |
Enterprise | 64.9 | 58.9 | +10.2% |
Healthcare | 57.2 | 47.8 | +19.7% |
Intra-group eliminations | (0.1) | 0.1 | |
Group | 255.1 | 241.6 | +5.6% |
Additional information
Financial Calendar:|
Annual General shareholders meeting | Thursday 28 April 2016 |
| Ex-Dividend Trading date |
Tuesday 10 May 2016 |
|
Record date for Dividend | Wednesday 11 may 2016 |
| Payment date for Dividend | Thursday 12 May 2016 |
| Announcements of results 1H16 | Wednesday 20 July 2016 |
| Trading Update 3Q16 | Wednesday 19 October 2016 |
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 networked visualization products for the Entertainment, Enterprise and Healthcare markets. Barco has its own facilities for Sales & Marketing, Customer Support, R&D and Manufacturing in Europe, North America and APAC. Barco (NYSE Euronext Brussels: BAR) is active in more than 90 countries with 3,300 employees worldwide. Barco posted sales of 1.029 billion euro in 2015.
For more information and the Annual report 2015, please visit the Company's website atwww.barco.com
© Copyright 2016 by Barco
Barco NV issued this content on 20 April 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 20 April 2016 05:34:11 UTC
Original Document: http://www.barco.com/en/News/Press-releases/TRADING-UPDATE-1Q16.aspx
