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Barco NV (BAR.BR)

BAR.BR on Brussels Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Barco ‍Enters Into Strategic Joint Venture With China Film Co. Ltd, Appotronics And CITICPE​
Monday, 4 Dec 2017 01:40am EST 

Dec 4 (Reuters) - BARCO NV ::‍ENTERS INTO STRATEGIC JOINT VENTURE WITH CHINA FILM CO. LTD <<<600977.SS>>>, APPOTRONICS AND CITICPE​.‍JOINT VENTURE TO SERVE AS DEDICATED COMMERCIALIZATION SOLUTIONS CHANNEL FOR EACH COMPANY'S PRODUCTS AND SERVICES FOR GLOBAL CINEMA MARKET EXCLUDING MAINLAND CHINA​.‍PARTNERS PLAN TO CAPITALIZE JOINT VENTURE IN AMOUNT OF $100 MILLION​.‍ONCE ALL PARTNERS HAVE ENTERED JOINT VENTURE, BARCO WILL OWN 55% OF JOINT VENTURE​.‍APPOTRONICS AND CFG WILL EACH OWN 20% AND CITICPE WILL OWN 5%​.‍WIM BUYENS WILL BE APPOINTED AS CEO OF JOINT VENTURE.​.  Full Article

Barco Q3 sales up at 266.7‍​ million euros
Wednesday, 18 Oct 2017 12:47am EDT 

Oct 18 (Reuters) - BARCO NV ::Q3 SALES EUR 266.7‍​ MILLION VERSUS EUR 261.8 MILLION YEAR AGO.ORDER BOOK AT END-Q3 EUR ‍​343.4 MILLION VERSUS EUR 330.1 MILLION YEAR AGO.‍CONFIRMS FY OUTLOOK WHICH CALLS FOR SALES IN LINE WITH LAST YEAR AND FURTHER IMPROVEMENT IN EBITDA​.  Full Article

Barco and KanexPro settle patent infringement dispute‍​
Tuesday, 10 Oct 2017 06:17am EDT 

Oct 10 (Reuters) - BARCO NV ::BARCO AND KANEXPRO SETTLE PATENT INFRINGEMENT DISPUTE‍​.BARCO AND KANEXPRO HAVE REACHED AN AGREEMENT REGARDING ALLEGED INFRINGEMENT OF BARCO'S PATENTS AND OTHER INTELLECTUAL PROPERTY RIGHTS.UNDER AGREEMENT, KANEXPRO AGREED TO CEASE DISTRIBUTION AND SALE OF ITS MYTURN WIRELESS PRESENTATION SYSTEM IN EUROPE AND US.  Full Article

Barco H1 EBITDA slightly down at EUR 48.2 mln
Wednesday, 19 Jul 2017 01:10am EDT 

July 19 (Reuters) - BARCO NV :H1 EBITDA OF 48.2 MILLION EURO (-1.3 MILLION EURO) OR 9.3% OF SALES (FLAT COMPARED TO 1H16).INCOMING ORDERS AT 561.9 MILLION EURO (+5.4%).H1 NET INCOME AT 19.2 MILLION EURO (+1.1 MILLION EURO).ORDERBOOK AT 349.5 MILLION EURO, (+9.0% VERSUS YEAR-END 2016).SALES AT 518.0 MILLION EURO (-2.1%).GROSS PROFIT MARGIN OF 38.3% (+2.4 PPTS).GIVEN TOP LINE RESULTS FOR THE FIRST HALF OF THE YEAR, MANAGEMENT EXPECTS FULL YEAR SALES TO BE IN LINE WITH LAST YEAR.OUR TARGET OF FURTHER IMPROVING EBITDA REMAINS UNCHANGED.WE ARE WELL POSITIONED FOR AN IMPROVEMENT IN SALES AND EBITDA MARGIN FOR THE SECOND HALF OF THE YEAR COMPARED TO THE FIRST HALF- CEO.  Full Article

Barco Q1 sales fall to 246.2 million euros
Friday, 21 Apr 2017 01:22am EDT 

April 21 (Reuters) - Barco NV ::Q1 order intake EUR 283.5 million ($303.80 million) versus EUR 280.8 million year ago.Order book at end Q1 EUR 354.8 million versus EUR 320.8 million at end 2016.Q1 sales EUR 246.2 million versus EUR 255.1 million year ago.Full year outlook confirmed.  Full Article

Barco in discussions over sale of High End Systems to ETC
Thursday, 2 Mar 2017 02:36am EST 

Barco NV : Barco in discussions over sale of high end systems to ETC . Barco and ETC ire in midst of serious discussions wherein ETC would acquire High End Systems, Barco's lighting activities, part of Entertainment division .While timeline for completion of this acquisition is still unknown, both parties are committed to moving forward with a successful transaction.  Full Article

Barco FY EBIT up 3.2 pct to 36.6 million euros
Thursday, 9 Feb 2017 01:12am EST 

Barco NV : FY sales 1.10 billion euros ($1.17 billion) versus 1.10 billion euros in Reuters poll . FY EBIT 36.6 million euros versus 39.5 million euros in Reuters poll . FY net profit 11.0 million euros .Assuming a stable economic environment and currencies at current levels, management expects further margin improvement on mid-single digit sales growth for FY 2017.  Full Article

Barco says Dutch court authorizes co to seize ClickShare imitation at ISE
Tuesday, 7 Feb 2017 11:53am EST 

Barco NV : Dutch court authorizes co to seize Clickshare imitation at ISE . A Dutch judge grants company's petition to seize all wireless presentation systems of US-based company Kanexpro, on show at integrated systems expo in Amsterdam .Barco will now use units seized as evidence for patent infringement lawsuits against Kanexpro in the Netherlands, the US and any other jurisdictions where Kanexpro commercializes its wireless presentation system.  Full Article

First Barco all-laser multiplex in South Korea
Wednesday, 7 Dec 2016 01:39am EST 

Barco NV :First Barco all-laser multiplex in South Korea.  Full Article

Barco projectors to be integrated into simulators for Polish Armed Forces
Wednesday, 31 Aug 2016 01:59am EDT 

Barco NV :AUTOCOMP MANAGEMENT Ltd. orders a total of 65 Barco F-series projectors to be integrated into training simulators for the Polish Armed Forces.  Full Article

BRIEF-Barco ‍Enters Into Strategic Joint Venture With China Film Co. Ltd, Appotronics And CITICPE​

* ‍ENTERS INTO STRATEGIC JOINT VENTURE WITH CHINA FILM CO. LTD, APPOTRONICS AND CITICPE​