Supply chain disruptions, including higher component prices, increased freight broker rates and higher logistics costs have caused Barco to issue a statement to say these issues will impact its earnings for the current financial year.
While sales for 2021 are expected
to grow mid-single digit year-over-year, in
line with earlier guidance, EBITDA for the
year is now expected to be
in the range of €56 to €60
million.
Barco implemented price increases across
its portfolio and regions and expects these
price increases to benefit gross profit
margin as of the first half of 2022.