Report
Barco NV : Model update post Q3 23 results
>Disappointing results, but once again an excessive price reaction - Barco released a relatively weak set of Q3 23 results, respectively -13% and -16% vs ccs and AAOBe. The headwinds (mainly China-related) clearly continued into the third quarter, increasing the pressure on Enterprise and Healthcare revenues. In addition, Entertainment revenues comped negatively for the first time in 10 quarters. The company now expects FY23 revenues in line with last year (previously...
Underlying
Barco NV
Provider
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.
Stefano Toffano
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