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Barco NV (BAR.BR)

BAR.BR on Brussels Stock Exchange

98.90EUR
20 Nov 2018
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Latest Key Developments (Source: Significant Developments)

Barco Announces Restructuring Plan
Wednesday, 7 Nov 2018 

Nov 7 (Reuters) - BARCO NV ::OVER COURSE OF 2019, PROGRAM MIGHT AFFECT AROUND 240 POSITIONS ACROSS ORGANIZATION, OF WHICH AROUND 55 ARE BASED IN BELGIUM.BARCO TAKES NEXT STEP IN ITS FOCUS TO PERFORM PROGRAM.EXPECTS TO REDUCE ITS INDIRECT EXPENSE-LEVEL BY APPROXIMATELY 20 MILLION EURO BY 2020, NET OF RE-INVESTMENTS IN STRATEGIC GROWTH INITIATIVES.EXPECTS TO RECORD A RESTRUCTURING CHARGE IN Q4 OF FISCAL 2018.RESTRUCTURING PLAN TO ALIGN ORGANIZATION WITH CHANGING MARKET DEMANDS AND GROWTH OPPORTUNITIES WHILE ENHANCING COMPANY'S LONG-TERM PROFITABILITY.  Full Article

Barco to supply Barco Laser Projectors To Cineworld Group
Wednesday, 25 Apr 2018 

April 25 (Reuters) - BARCO NV ::CINEWORLD GROUP SIGNS DEAL FOR 600 MOVIE SCREENS WORLDWIDE WITH BARCO LASER PROJECTORS.  Full Article

Barco ‍Enters Into Strategic Joint Venture With China Film Co. Ltd, Appotronics And CITICPE​
Monday, 4 Dec 2017 

Dec 4 (Reuters) - BARCO NV ::‍ENTERS INTO STRATEGIC JOINT VENTURE WITH CHINA FILM CO. LTD <<<600977.SS>>>, APPOTRONICS AND CITICPE​.‍JOINT VENTURE TO SERVE AS DEDICATED COMMERCIALIZATION SOLUTIONS CHANNEL FOR EACH COMPANY'S PRODUCTS AND SERVICES FOR GLOBAL CINEMA MARKET EXCLUDING MAINLAND CHINA​.‍PARTNERS PLAN TO CAPITALIZE JOINT VENTURE IN AMOUNT OF $100 MILLION​.‍ONCE ALL PARTNERS HAVE ENTERED JOINT VENTURE, BARCO WILL OWN 55% OF JOINT VENTURE​.‍APPOTRONICS AND CFG WILL EACH OWN 20% AND CITICPE WILL OWN 5%​.‍WIM BUYENS WILL BE APPOINTED AS CEO OF JOINT VENTURE.​.  Full Article

Barco Q3 sales up at 266.7‍​ million euros
Wednesday, 18 Oct 2017 

Oct 18 (Reuters) - BARCO NV ::Q3 SALES EUR 266.7‍​ MILLION VERSUS EUR 261.8 MILLION YEAR AGO.ORDER BOOK AT END-Q3 EUR ‍​343.4 MILLION VERSUS EUR 330.1 MILLION YEAR AGO.‍CONFIRMS FY OUTLOOK WHICH CALLS FOR SALES IN LINE WITH LAST YEAR AND FURTHER IMPROVEMENT IN EBITDA​.  Full Article

Barco and KanexPro settle patent infringement dispute‍​
Tuesday, 10 Oct 2017 

Oct 10 (Reuters) - BARCO NV ::BARCO AND KANEXPRO SETTLE PATENT INFRINGEMENT DISPUTE‍​.BARCO AND KANEXPRO HAVE REACHED AN AGREEMENT REGARDING ALLEGED INFRINGEMENT OF BARCO'S PATENTS AND OTHER INTELLECTUAL PROPERTY RIGHTS.UNDER AGREEMENT, KANEXPRO AGREED TO CEASE DISTRIBUTION AND SALE OF ITS MYTURN WIRELESS PRESENTATION SYSTEM IN EUROPE AND US.  Full Article