Barco has celebrated an rise in its results for the first half of 2016. Incoming orders rose 2% YoY (to €532.9 million) and sales were up 4.5% (to €529.2 million). Gross profit margin was 35.9%, up 2.6 percentage points. EBITDA was €49.5 million, up €8.9 million compared to the first half of 2015. Finally, net income was €18.1 million, including a one-time gain on sale of €7.7 million.
CEO Eric Van Zele said that the improvement in business was down to Barco’s successful launch of its laser and laser phosphor projectors, as well as strong sales in China.
