Barco N.V.

Barco operates in three divisions: Entertainment, which delivers projection, lighting, LED and software solutions for markets such as cinema, venues, and hospitality and the retail and advertising; Enterprise, which targets the corporate and the control rooms market and provides a portfolio of visualization solutions with videowalls, corporate projectors in combination with collaboration software and networking and connectivity capabilities; and Healthcare, which delivers displays for the diagnostic and modality imaging market, including segments such as radiology, mammography, surgery and dentistry along with digital networked solutions for the operating room and point-of-care devices.
  • TickerBAR
  • ISINBE0003790079
  • ExchangeEuronext Brussels
  • SectorElectronic & Electrical Equipment
  • CountryBelgium
Guy Sips ...
  • Wim Hoste

Morning Note: BALTA BB, BAR BB, BEKB BB, KIN BB

Balta: 2Q revenue -36.5% Barco: 1H preview: looking for a “Silver lining on Covid-19” Bekaert: Sells Hemiksem site Kinepolis: Mouth masks will be compulsory in Belgian cinemas

Guy Sips

BARCO: 1H20 preview : looking for a “Silver lining on Covid-19”

We expect Barco’s second quarter to be weaker than the first quarter resulting in a 1H20 y/y sales decline of 14.9%, near the top of its 10 to 15% range. We expect the cost productivity and operational efficiency measures Barco implemented over the past years to have created a more resilient business model, poised to withstand severe economic headwind. We expect -based on its experience in China since January- that Barco managed to contain its cost spending levels while keeping its manufacturing facilities operational. We reiterate our BUY and € 27.9 Target Price, supported by our DCF (€ 29.0)...

ING
ING Helpdesk

Benelux Morning Notes

Barco: 1H20 preview - focus on recovery. Signify: 2Q20 preview - some room for error

Alan Vandenberghe ...
  • Guy Sips
  • Jason Kalamboussis
  • Joachim Vansanten
  • Lenny Van Steenhuyse
  • Michiel Declercq
  • Sandra Cauwenberghs
  • Wido Jongman
  • Wim Hoste

Dynamic Top pick List 2020 - Update

Today we update our Dynamic Top Pick List : • We ADD : Care Property Invest • We KEEP : AB Inbev, Ahold Delhaize, Barco, Basic-Fit, Hal Trust, NN Group, UCB, VGP, WDP, Recticel and Inventiva. Since inception our DTPL is only down 2.4%, which represents an outperformance of 3.6%, 12.2% and 9.3% compared to the AEX, BEL20 and SX5E respectively. In June, our list underperformed all 3 benchmarks by 1.4% on average despite a very solid performance of UCB. The main contributors to this negative performance were : AB Inbev, Basic-Fit and Inventiva

Alan Vandenberghe ...
  • Guy Sips
  • Joachim Vansanten
  • Thomas Couvreur
  • Wim Hoste

Morning Note: AGFB BB, BANI BB, BAR BB, COLR BB, ECONB BB, REC BB, SLIGR NA, TINC BB

Agfa: Increasing inkjet ink production capacity Banimmo: Sales agreement for ING office Louvain-la-Neuve Barco: Share split by a factor 7 and new ISIN code Colruyt: Acquisition of Daltix Econocom: ECB sale closing & 1H20 guidance Recticel: Closing of Automotive Interiors & Eurofoams deals Sligro: Extra financial leeway but dividend cut TINC: Investment in Datacenter United

Guy Sips ...
  • Wim Hoste

Morning Note: BALTA BB, BAR BB, BEKB BB, KIN BB

Balta: 2Q revenue -36.5% Barco: 1H preview: looking for a “Silver lining on Covid-19” Bekaert: Sells Hemiksem site Kinepolis: Mouth masks will be compulsory in Belgian cinemas

Guy Sips

BARCO: 1H20 preview : looking for a “Silver lining on Covid-19”

We expect Barco’s second quarter to be weaker than the first quarter resulting in a 1H20 y/y sales decline of 14.9%, near the top of its 10 to 15% range. We expect the cost productivity and operational efficiency measures Barco implemented over the past years to have created a more resilient business model, poised to withstand severe economic headwind. We expect -based on its experience in China since January- that Barco managed to contain its cost spending levels while keeping its manufacturing facilities operational. We reiterate our BUY and € 27.9 Target Price, supported by our DCF (€ 29.0)...

ING
ING Helpdesk

Benelux Morning Notes

Barco: 1H20 preview - focus on recovery. Signify: 2Q20 preview - some room for error

Alan Vandenberghe ...
  • Guy Sips
  • Jason Kalamboussis
  • Joachim Vansanten
  • Lenny Van Steenhuyse
  • Michiel Declercq
  • Sandra Cauwenberghs
  • Wido Jongman
  • Wim Hoste

Dynamic Top pick List 2020 - Update

Today we update our Dynamic Top Pick List : • We ADD : Care Property Invest • We KEEP : AB Inbev, Ahold Delhaize, Barco, Basic-Fit, Hal Trust, NN Group, UCB, VGP, WDP, Recticel and Inventiva. Since inception our DTPL is only down 2.4%, which represents an outperformance of 3.6%, 12.2% and 9.3% compared to the AEX, BEL20 and SX5E respectively. In June, our list underperformed all 3 benchmarks by 1.4% on average despite a very solid performance of UCB. The main contributors to this negative performance were : AB Inbev, Basic-Fit and Inventiva

Alan Vandenberghe ...
  • Guy Sips
  • Joachim Vansanten
  • Thomas Couvreur
  • Wim Hoste

Morning Note: AGFB BB, BANI BB, BAR BB, COLR BB, ECONB BB, REC BB, SLIGR NA, TINC BB

Agfa: Increasing inkjet ink production capacity Banimmo: Sales agreement for ING office Louvain-la-Neuve Barco: Share split by a factor 7 and new ISIN code Colruyt: Acquisition of Daltix Econocom: ECB sale closing & 1H20 guidance Recticel: Closing of Automotive Interiors & Eurofoams deals Sligro: Extra financial leeway but dividend cut TINC: Investment in Datacenter United

Despite a better risk assessment and improving to Neutral, BARCO NV remains under pressure

BARCO NV (BE), a company active in the Electronic Equipment industry, improves its market behaviour and slightly increases its general evaluation. The independent financial analyst theScreener just upgraded the stock market behaviour as moderately risky. At a fundamental level, theScreener confirms 1 out of 4 possible stars; the general evaluation is slightly increased to Neutral but the title remains under pressure. As of the analysis date May 12, 2020, the closing price was EUR 145.00 and its target price was estimated at EUR 116.72.

Ford Equity International Rating and Forecast Report

Ford Equity International Research Reports cover 60 countries with over 30,000 stocks traded on international exchanges. A proprietary quantitative system compares each company to its peers on proven measures of business value, growth characteristics, and investor behavior. Ford's three recommendation ratings buy, hold and sell, represent each stock’s return potential relative to its own country market.. The rating reports which are generated each week, include the fundamental details behind each recommendation and reflect the fundamental and price data as of the last trading day of the week...

Expert Corporate Governance Service (ECGS)

Barco – AGM 30 April 2020

Covid-19 In light of the coronavirus COVID-19 outbreak, it is uncertain if the measures imposed by the Belgian government, like the prohibition on gathering and the obligation to guarantee a distance of 1,5m between every person, will still be in force on 30 April 2020, date of the shareholders meetings. If so, and in order to preserve the health of the individual shareholders, the employees, and the directors of the company, the Board of Directors urges the individual shareholders not to physically attend the shareholders meetings.  Items 4 and 11  ECGS opposes the remuneration report (ite...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch