Value creation model
The concept of ‘value creation’ fits perfectly with Barco’s mission of enabling bright outcomes for its stakeholders.
In the below value creation model, we describe our inputs and explain how, through our business model, we convert these to outputs that ensure sustainable value to all our stakeholders.
The four pillars of our technology stack
Four key domains form the foundation for Barco’s innovation for impact in the future: advanced display & projection, image processing & insights, connectivity & data analytics and computational optics. Every technology is, however, merely an enabler to provide our customers with end-to-end solutions that deliver bright outcomes.
- FinancialFinancial
Financial
Inputs
- 193.5
- Net cash (mio €)
- 34%
- Opex (in % of sales)
- 68.5%
- Equity as percentage of balance sheet total
Outputs
- -0.05
- Earnings per share (€)
- -35.9
- Free Cash Flow (mio €)
- 7%
- EBITDA margin
- 770.1
- Group sales (mio €)
- ManufacturedManufactured
Manufactured
Inputs
- 69.6%
- % make (over hardware revenues)
- 4
- Countries with a manufacturing facility
- 1.9%
- Capex (in % of sales)
- 142 (81%)
- Number of key(+) & core suppliers (covering X% of material cost)
Outputs
- 92%
- % of iGemba improvement suggestions implemented
- 3%
- ROCE
- 2.3
- Inventory turns
- IntellectualIntellectual
Intellectual
Inputs
- 28.5%
- % of employees in R&D
- 13.3%
- R&D spend (in % of sales)
Outputs
- 430
- Number of patents at year-end
- 10
- Number of new patent filings
- PlanetPlanet
Planet
Inputs
- 4%
- % of new products released with recycled plastics (hardware)
- 34.3 (53.5%)
- Energy consumption (MWh/mio € revenues) (of which 53.5% renewable)
Outputs
- 34%
- % carbon footprint reduction of own operations (vs 2015)
- 48%
- % of new products released with Barco ECO label (hardware)
- 27%
- % energy footprint reduction of sold products (vs 2015)
- 23%
- % revenues from products with Barco ECO label
- PeoplePeople
People
Inputs
- 3,303
- Number of employees (# heads)
- 374
- Number of new (external) hires (# heads)
- 11.3
- Average training hours per employee (# hours)
Outputs
- 17%
- % women in senior management
- 2.44
- Lost time injury frequency rate
- 20%
- Internal mobility (% of vacancies filled internally)
- CommunitiesCommunities
Communities
Inputs
- 98%
- % employees trained in Standards@Work
- 98%
- % of key(+) and core suppliers that signed declaration of compliance with RBA Code of Conduct (Responsible Business Alliance)
- 1,184
- Number of certified dealers/partners
Outputs
- 47
- Customer Net Promotor Score
- 2
- Number of product lines in scope of ISO 27001
- 43%
- % of key+ and core suppliers with sustainability score higher than 80%
One Barco with five culture blocks
In mid-2019, Barco kicked off a culture rejuvenation project, defining the cultural traits that Barco must embrace to continue leading in its dynamic markets. Based on input from 250 colleagues from all levels and countries, we defined how we can live our DNA with five building blocks as the key elements of our Barco culture.
Creating moments, enriching lives
Whether in cinemas, concert halls or museums; at theme parks, music festivals or corporate events: Barco’s entertainment solutions are designed to turn heads and create compelling moments. By providing our customers with the most advanced projectors, LED displays and image processing solutions, we help them capture fans rather than audiences. Our increasing focus on convenience and services further helps them build that fan base and grow their businesses.
Engaging you to unleash the power of shared knowledge
Every Barco enterprise solution is designed to help people collaborate better by ensuring engaging experiences. From boardrooms and workplaces to control rooms and classrooms: all our solutions help people unleash the power of shared knowledge – for brighter ideas and, ultimately, better results.
Ensuring better healthcare outcomes for more people
We connect healthcare professionals at almost every patient touch point, from the imaging room, to radiology, during specialist consultations and in the surgical suite. By providing medical staff with the complete and most accurate picture, we enable more informed decisions, when and where it matters most.
Our strategy is aligned with our company DNA
Barco is on a mission to enable bright outcomes by transforming content into insight and emotion. To guide us in pursuing that mission, we introduced a new strategy in 2017, building on our strengths and inspired by a series of market dynamics. Our corporate strategy is built around four strategic levers – four priorities that form the Barco DNA.
- Innovate for impact
- Focus on performance
- Offer outcome-based solutions
- Go for sustainable impact
Enabling bright outcomes around the world
Barco designs technology to enable bright outcomes around the world. Seeing beyond the image, we develop sight, sound, and sharing solutions to help you work together, share insights, and wow audiences.
A global player, equally represented across regions
At Barco, we work together as one company to serve our customers wherever they need us. With sites in 30 countries and R&D and/or manufacturing facilities in 6 countries, in all regions, we make our collective knowledge and expertise available to around the globe.
