IR2021 hoofdbeeld donkerder

2021
Integrated
Annual
Report

Continuing our journey towards integrated reporting

In 2020, Barco replaced its traditional annual financial and sustainability reports with a single integrated report, providing a more compelling and holistic view of how we create and sustain value in the short, medium and long term.

The positive feedback has motivated us to step up our efforts in 2021. We finetuned the KPIs, increased transparency, sharpened content, and improved the connectivity between the report and our corporate website to deliver an even better integrated report for 2021.

Is it perfect now? Not yet. After all, integrated reporting is a journey. Yet, as we increasingly integrate ESG standards into our strategy, strengthen our commitment to long-term value creation and deepen the dialogue with all our stakeholders, we gradually infuse integrated thinking into our company – allowing us to deliver ever-better outcomes to customers, employees, investors and society at large.

An Charles Oct21 DSC5218

Interview with the CEOs

In the second half of 2021, An Steegen and Charles Beauduin came on board as the new co-CEOs of Barco. We asked them about their plans and determination to fuel Barco forward.

Key figures

Sales per division

39%
Entertainment
29%
Enterprise
33%
Healthcare

Sales

In millions of euro

1,082.6
2019
770.1
2020
804.3
2021

Ecoscore

31%

% revenues from products with Barco ECO label

Eco score

Customer Net Promoter Score

47

Barco's standard customer experience metric, measured quarterly (upper quartile industry performance)

Smiley

EBITDA

In millions of euro

153
2019
53.6
2020
58.5
2021

Gross profit

In millions of euro

429.3
2019
283.8
2020
287.5
2021
Barco dag 2 B 0907

Designing technology to enable bright outcomes around the world

Seeing beyond the image, Barco develops visualization and collaboration solutions to help you work together, share insights, and wow audiences. Our focus is on three core markets: Enterprise, Healthcare, and Entertainment.

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How we create value

How we create value

The concept of ‘value creation’ fits perfectly with Barco’s mission of enabling bright outcomes for its stakeholders.

In this integrated report, we describe how we create value to all our stakeholders in the short, medium and long term.

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IR2021 technology DNA

Our strategy

Barco's 'enabling bright outcomes' strategy is built around four pillars: ‘innovate for impact’, ‘focus on performance’, ‘offer outcome-based solutions’ and ‘go for sustainable impact’.

In spite of the accelerated disruption in the world today, this strategy remains our guiding light. We do, however, continually refine our approach and priorities to keep these in line with the changing dynamics.

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Highlights 2021