Barco announced its FY16 results with net sales of €1.1 bn ($1.15 bn) and EBITDA of €88.0 mn ($94.2 mn), resulting in an EBITDA margin of 8%. The net income was recorded at €11.0 mn ($11.8 mn).
The management indicated that the company has achieved a healthy 7% growth in sales as compared to FY15 and the gross profit margin was also up by 1.6% to reach 34.4% in FY16.
