What They Say
Barco highlighted that shortage of components meant a €15 million shortfall in sales revenues in Q3, although demand was positive for cinema and ClickShare products. Sales were up 12% on last year at €186 million while orders were up 43% for the quarter and 24% for the year to date.
What We Think
I try not to include too many financials, that is the job of others, but I see Barco as a bellwether¹ for the high end of the AV and cinema markets. (BR)
¹Bellwether is a lovely word. It is derived from the old habit of putting a bell on the lead sheep of a flock. Wether is the old English for a castrated sheep. Thanks Merriam-Webster.
