Barco NV operates in the Electronic components sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Barco with three other
manufacturers of electronic components in Europe:
Discoverie Group PLC
of UNITED KINGDOM
(2020
sales of £466.40 million [US$638.03 million]
of which 64%
was Design & Manufacturing),
Audax Renovables SA
of SPAIN
(969.30 million Euros [US$1.14 billion]
of which 98%
was Light and Gas), and
Phoenix Mecano AG
which is
based in SWITZERLAND
(730.47 million Swiss Francs [US$789.69 million]
of which 59%
was Mechanical Components).
Sales Analysis.
Sales were up sharply during the second
quarter of 2021 versus the previous year's second quarter.
During the second
quarter of 2021, sales at Barco totalled
366.01 million Euro.
This is
an increase of 113.4%
from the 171.55 million Euro in sales at the company during the second quarter of 2020.
This was the biggest same quarter rise in sales at Barco in the previous 16 quarters.
During the first two
quarters of 2021, sales totalled 537.71 million Euro, which is
32.0% higher
than through the first two quarters of 2020.
Barco reported sales of 770.08 million Euro (US$901.74 million)
for the
year ending
December of 2020.
This
represents
a
sharp
decrease of 28.9%
versus 2019, when the company's sales were 1.08 billion Euro.
Contributing to the drop in overall sales was the 39.6% decline
in Enterprise, from 358.67 million Euro to 216.79 million Euro.
There were also decreases in sales in
Entertainment (down 36.0% to 291.43 million Euro)
and
Healthcare (down 2.6% to 261.86 million Euro)
.