Price increases expected as supply chain issues hit Barco earnings

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.

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