Disappointing sales to the government and industrial sectors, and issues around its LiveDots business have prompted Barco to issue a warning and to consider the disposal of some of its business units. With approximately € 512m in orders and approximately € 500m in sales,
Barco’s results will be respectively 8% and 17% year-on-year for the first half of 2014.
Barco’s order book at the end of 1H14 remains healthy at € 480m, which is 9% higher than at the end of 1H13. Consequently, the results for 2H14 are expected to be ahead of 2H13, although consolidated revenues and EBITDA contributions for the entire year are expected to be slightly lower than in 2013. The company is evaluating several expressions of interest in the acquisition of some its businesses. Barco says it is evaluating the different proposals and will decide whether or not to pursue such offers before the end of next month.
