Barco Announces Results for Fourth Quarter and 2008
KORTRIJK, Belgium — Barco announced its results for its fourth quarter and for all of 2008. While incoming orders booked in the company’s fourth quarter were, at 203.9 million euro, actually up 11.1 percent compared to the previous year, sales for the quarter declined to euro 207.9 million, down 6.6 percent compared to the same period of 2007. Earnings for the quarter were down 24.2 million euro after restructuring and impairment provisions. Before the same provisions, EBIT was down 2.0 million euro.
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