Added to YB: 2026-02-12
Pitch date: 2026-02-10
BAR.BR [neutral]
Barco NV
-0.36%
current return
Author Info
Lux Opes Research covers European companies. Lots of them. Sign up for the newsletter.
Company Info
Barco NV, together with its subsidiaries, develops visualization solutions, and collaboration and networking technologies for the entertainment, enterprise, and healthcare markets in the Americas, Europe, the Middle East, Africa, and the Asia-Pacific.
Market Cap
EUR 931.1M
Pitch Price
EUR 11.09
Price Target
N/A
Dividend
4.46%
EV/EBITDA
6.15
P/E
13.01
EV/Sales
0.78
Sector
Electronic Equipment, Instruments and Components
Category
turnaround
Barco (BAR Belgium): entertainment carries the year, credibility still to be rebuilt
BAR.BR (update): Q4 rev €282M, -2% YOY. Entertainment +9% YOY, H2 EBITDA €46.8M (+33% YOY, 18.2% margin) on Cinema strength & premium projection. Healthcare & Enterprise weak on tariffs, FX, US demand. H2 EBITDA margin 15.1% vs 16.7% prior (excl. €10M leaseback gain). 2026 guidance: rev & margin growth H2-weighted. 2028 targets: €1.1B rev, 15% EBITDA margin. Valuation skeptical; needs consistent execution to rebuild credibility.
Read full article (2 min)