Earnings release
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TRADING UPDATE 1Q21 Strong orderbook offers encouraging signs of recovery Kortrijk , Belgium , 21 April 2021 , 7:30 am Today Barco ( Euronext : BAR ; Reuters : BARBt.BR ; Bloomberg : BAR BB ) announced results for the first quarter ended 31 March 2021 . Press release – regulated information - inside information Financial highlights 1021¹ Orders of € 228.9 million , an increase by 21 % versus 4020 and a decline of 10 % vs 1Q20 ● ● Orderbook at € 351.5 million , up 25 % ( or € 70 million ) vs 4Q20 and up 3 % ( or € 10 million ) vs 1Q20 Sales of € 171.7 million , a decline of 12 % versus 4020 and 27 % vs 1Q20 Executive summary 1021 Group topline Compared to 4Q20 , orders grew 21 % to 228.9 million euro , driven by strong order intake in Healthcare and Entertainment , indicating recovering economic activity , and continuing a trend of quarter - to - quarter improvement from the 2Q20 low . Orderbook grew solidly with 70 million euro to 351.5 million euro compared to year - end 2020 . Sales were down 12 % versus 4Q20 reflecting the continued impact from covid - lockdowns on orders to sales conversions in most of the regions . Compared to the same period last year , before lockdowns took effect in all regions , orders were down 10 % and sales declined 27 % . Orderbook however grew 10 million euro versus 1Q last year . 1 All definitions for alternative performance measures ( APM's ) are available in the glossary as available on Barco's investor portal ( www.barco.com/en/about-barco/investors ) P1 / 6 Barco nv | Beneluxpark 21 | B - 8500 Kortrijk | Belgium Registered office : President Kennedypark 35 | B - 8500 Kortrijk | Belgium IBAN BE49 3850 5234 2071 BBRUBEBB | VAT BE 0473.191.041 | RPR Gent , Section Kortrijk www.barco.com ENABLING BRIGHT OUTCOMES BARCO