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Barco NV

Earnings Release Oct 19, 2016

3911_10-q_2016-10-19_e65101c0-687b-4d05-9d47-64cbc962e155.pdf

Earnings Release

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TRADING UPDATE 3Q16

Kortrijk, Belgium, 19 October 2016 – Today Barco (Euronext: BAR-EB; Reuters: BARBt.BR; Bloomberg: BAR BB) announced the results for the third quarter ended 30 September 2016.

Sales for the quarter were 261.8 million euro, an increase of 13.7% compared to the third quarter of 2015.

Sales year-to-date were 791.0 million euro, up 7.2% compared to 30 September 2015.

Incoming orders booked during the third quarter of 2016 were 266.7 million euro, a decrease of 1% compared to the third quarter of 2015.

Order book as of 30 September 2016 stood at 330.1 million euro, essentially flat compared to 30 June 2016.

Quote of the CEO, Jan De Witte

"Building on a strong 1H performance, Barco delivered a solid third quarter, with continued market penetration in Healthcare, ClickShare and Cinema, the latter specifically in the jointventure in China. This results in robust sales while maintaining a healthy order book," said Jan De Witte, CEO.

"During the quarter we also continued to execute on and invest in our strategic growth initiatives, as planned."

"Given these investments and with a good performance year-to-date we feel confident to confirm our outlook with sales growth for the full year to be in the mid-single digit range and with EBITDA for the second half expected to be similar to the second half of 2015."

Order Intake & Order Book

Order Book
(in millions of euros) 3Q16 2Q16 1Q16 4Q15 3Q15
Order book 330.1 332.4 350.5 333.2 367.2
Order Intake
(in millions of euros) 3Q16 2Q16 1Q16 4Q15 3Q15
Order Intake 266.7 252.0 280.8 251.9 269.3
(in millions of euros) YTD16 YTD15 Change
Order Intake 799.5 791.8 1.0%

Page 1 of 3 Barco NV, Beneluxpark 21, B-8500 Kortrijk, Belgium Registered office: Pr. Kennedypark 35, B- 8500 Kortrijk, Belgium

www.barco.com

PRESS RELEASE – REGULATED INFORMATION

Sales

Sales

(in millions of euros) 3Q16 2Q16 1Q16 4Q15 3Q15
Sales 261.8 274.1 255.1 292.4 230.3
Sales per division
(in millions of euros) 3Q16 3Q15 Change
Entertainment 142.2 109.8 +29.5%
Enterprise 64.5 66.8 -3.4%
Healthcare 55.2 53.5 +3.2%
Intra-group eliminations -0.1 0.4
Group 261.8 230.3 +13.7%
(in millions of euros) YTD16 YTD15 Change
Entertainment 414.8 374.2 +10.9%
Enterprise 205.5 205.7 -0.1%
Healthcare 170.8 158.2 +8.0%
Intra-group eliminations 0.0 0.3
Group 791.0 737.6 7.2%

Additional information

Financial Calendar

  • 2H16 and FY16 results will be communicated on 9 February 2017.
  • Barco's next Capital Markets Day is planned for 16 March 2017.

The information given in this press release has not been reviewed by the statutory auditor.

PRESS RELEASE – REGULATED INFORMATION

About Barco

Barco, a global technology company, designs and develops networked visualization products for the Entertainment, Enterprise and Healthcare markets. Barco has its own facilities for Sales & Marketing, Customer Support, R&D and Manufacturing in Europe, North America and APAC. Barco (NYSE Euronext Brussels: BAR) is active in more than 90 countries with 3,300 employees worldwide. Barco posted sales of 1.029 billion euro in 2015.

For more information and the Annual report 2015, please visit the Company's website at www.barco.com

© Copyright 2016 by Barco

For more information, please contact:

Carl Vanden Bussche, VP Investor Relations +32 56 26 23 22 or [email protected]

Page 3 of 3 Barco NV, Beneluxpark 21, B-8500 Kortrijk, Belgium Registered office: Pr. Kennedypark 35, B- 8500 Kortrijk, Belgium

www.barco.com

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