Trading Update 1Q26

Kortrijk, Belgium, 21 April 2026, 7:15 am – Today Barco (Euronext: BAR; Reuters: BARBt.BR; Bloomberg: BAR BB) announced results for the 1st quarter ended 31 March 2026.

First quarter 2026 highlights

• Order intake 1Q26 of €215.4 million (-7% versus 1Q25, flat at constant currencies), overall impacted by geopolitical uncertainty, while showing strength in Entertainment.  
• With a positive book-to-bill ratio, the orderbook at the end of 1Q26 strengthened to €536.0 million, an increase of 9% since year-end 2025.
• Sales 1Q26 of €180.6 million, -15% versus 1Q25, impacted by a strong currency exchange effect (sales were -8% at constant currencies) and affected by delayed order conversion and cautious customer decision-making

Orders and sales 1Q26

Order intake in the first quarter of 2026 was €215.4 million. Entertainment delivered order growth year-over-year, supported by continued momentum in the Cinema replacement cycle and premium formats. Healthcare orders declined versus a strong comparison base last year, particularly in the Americas. Diagnostic displays continued to show solid activity, particularly in EMEA. Enterprise orders were impacted by a cautious investment climate, mainly in the Americas, with Control Rooms showing resilience in EMEA and growth markets. Overall, the Group’s order book strengthened versus year-end 2025 and remains solid, underpinned by strategic customer relationships and an increasing share of software‑driven solutions.

Group sales in the first quarter amounted to €180.6 million, including a significant currency headwind of €14.0 million. Sales were impacted by the ongoing geopolitical uncertainty, mainly in the Americas, while EMEA was more resilient, despite impact in the Middle East. Entertainment remained the largest contributor, with Cinema growing in EMEA and the Americas.  In Enterprise, Meeting Experience faced a weak investment climate, and focused strongly on the launch of ClickShare Hub, evangelizing the market channels and ramping up certified bundles. Meanwhile Control Rooms performed very resiliently, benefiting from increased attention to security and critical infrastructure. Healthcare sales saw growth for diagnostic displays, offset by lower volumes in surgical solutions. 

Quote of the CEO, An Steegen

"Our first quarter is clearly not where we want it to be. It unfolded against a backdrop of heightened uncertainty, particularly in the US and the Middle East. 

Our order book and market shares remain solid and give us confidence in our ability to re-accelerate when market conditions normalize.  Meanwhile, we are taking concrete actions to protect profitability through disciplined cost focus. Strategically, we are sharpening our focus on the areas where we see structural demand drivers and clear differentiation.

Entertainment continues to perform well, while Enterprise is more challenged, particularly in Meeting Experience, where the BYOD‑agnostic market is contracting."

Outlook 2026 

The following statements are forward looking on a like-for-like basis and actual results may differ materially

In the current environment, the pace and timing of customer investment decisions and order conversion remain uneven across end markets. If current macro‑economic conditions and geopolitical tensions persist, Barco may not be able to continue to hold to its previously communicated full‑year guidance.

Barco will update its outlook together with the publication of its first‑half 2026 results, including the integration of VerVent Audio Holding.

Barco maintains its long‑term strategic guidance. As the business continues to shift from CAPEX to OPEX models, the company targets organic growth towards €1.1 billion, a 15% EBITDA margin and 15% recurring revenues by 2028.

Acquisition of VerVent Audio Holding 

Following the announcement of the intended acquisition of VerVent Audio Holding, Barco confirms that the share purchase agreement has been signed. Subject to customary closing conditions, the transaction is expected to be completed by end of April.

Disclaimer

This press release may contain forward-looking statements. Such statements reflect the current views of management regarding future events, and involve known and unknown risks, uncertainties and other factors that may cause actual results to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements. Barco is providing the information in this press release as of this date and does not undertake any obligation to update any forward-looking statements contained in this press release in light of new information, future events or otherwise. Barco disclaims any liability for statements made or published by third parties and does not undertake any obligation to correct inaccurate data, information, conclusions or opinions published by third parties in relation to this or any other press release issued by Barco.

About Barco

Barco, headquartered in Kortrijk (Belgium), is a global technology company leading in visualization, networking, and collaboration solutions. Its innovative technologies drive advancements in the healthcare, enterprise, and entertainment markets. At the heart of Barco’s success are over 3,000 dedicated ‘visioneers’, each passionately contributing to driving change through technology. 

Listed on Euronext (BAR), Reuters (BARBt.BR), and Bloomberg (BAR BB), Barco realized sales of 964 million euro in 2025. For further insights, please visit www.barco.com, or connect on LinkedIn, YouTube, Instagram, and Facebook.

Barco. Visioneering a bright tomorrow. © 2026