Report
Kris Kippers

Barco - Nice Crestron deal and Mr. Beauduin to return to Barco but not certain in which role

Barco announced an interesting patent license agreement with Crestron, one of the largest competitors for ClickShare, raking in license feesMr. Beauduin's health seems to improve and he is involved at Barco. However, the role he will take up afterwards is not yet certain. We would not be against a role of Executive Chairman, overseeing strategy and ChinaThe shares remain in the doldrums linked to the H1 disappointment and absent communication on Barco's co-CEO. Both could be alleviated in the coming months – BUY
Underlying
Barco NV

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.

Provider
Degroof Petercam
Degroof Petercam

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Analysts
Kris Kippers

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