Belgian technology company Barco recorded €247 million in sales during the first quarter of 2023 – up 20% on the same period in 2022. The group, which specialises in image technology, reported the results on Wednesday.
Orders increased by 16% to €286.6 million and the order book amounted to €530.1 million as of March 31. The gains were particularly strong in the entertainment division, surpassing pre-pandemic levels, the company details. Sales increased in all regions.
Without any major changes in the market, Barco continues to bet on the sales growth of 10 to 15% at the end of 2023, in particular thanks to its progress in China.
