Report
Stefano Toffano

Barco NV : Model update – Panic creates opportunity

>An excessive share price reaction driven by FUD - Barco’s H1 23 revenues where slightly below ccs, though the company reported strong results from a margin perspective, bringing group EBITDA in line with ccs estimates. Adjusted for the € 6.6m restructuring costs, H1 23 net income was c. +73% higher yoy (+49% incl. restructuring costs) vs a moderately good H1 22. Nevertheless, the share price took a big hit, plunging over 16% on extremely high volume. We attribute a l...
Underlying
Barco NV

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Stefano Toffano

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