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Published byTeresa Lynch Modified over 9 years ago
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1 Innovators in image processing Annual General Meeting Results Q1 and outlook full year 2002 May 8, 2002 Martin De Prycker President & CEO
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2 2001 Sales & EBIT per quarter excl. Barco Graphics incl. dotrix n.v. 9.4% In € mio 14.2% 1.4% 6.4% 2001 Q1Q2Q3Q4Total Sales (M€)157.1181.7153.7180.9673.4 EBIT (M€)14.825.82.211.654.4 % of sales9.414.21.46.48.1
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3 Achievements 1Q02 Orders: € 167.5 mio Sales:€ 152.2 mio EBIT: € 9.7 mio Inventory:reduced by 10% since end ‘01 net cash position:improved by € 40 mio
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4 Expectations 2Q02 & 1H02 Increase in sales 2Q02 by approximately 15% compared to 1Q02 Further reduction of operational costs Increase in EBIT % to double digit Confirmation of sales 1H02 to be flat as compared to 2H01 EBIT over 8 %
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5 Expectations 2H02 Sales: slight increase vs 1H02 EBIT: increase through further cost reduction Inventory: a further reduction by 10% by end 2002
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6 Positive factors impacting Barco results strong growth in media and events both in projectors and LEDs gradual start of the DC market the only supplier of 2Kx2K LCD display for ATC market winning main markets regaining market share in medical market with flat panel LCD
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7 Negative factors impacting Barco results Control Rooms suffers from telecom crisis temporary stop in growth of military market because of active warfare some difficulties with some suppliers in delivery of critical components
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8 Innovators in image processing
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