Barco Company overview

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Barco Company overview

• Ann Galland
• Director Corporate Marketing
• June 2004

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Barco

• International company, headquartered in Kortrijk,
  Belgium, with a global presence in over 90
  countries
• Listed on Euronext Brussels, part of BEL 20 and
  Next 150
• Sales in 2003 629 mio
• EBITA 69 mio

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Mission statement

• To be world leader in professional visualization
  and display solutions

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Worldwide presence
Americas
EMEA
Asiapac
Europe Belgium Czech Republic Denmark France
Germany Italy Poland Russia Spain
Switzerland The Netherlands United Kingdom
Middle East Israel UAE Dubai
Asia China Beijing, Chengdu, Guangzhou,
Shanghai, Hong Kong India Delhi, Noida,
Mumbai, Bangalore JapanTokyo, Osaka,
Nagoya Malaysia Kuala Lumpur Singapore South-Kore
a Seoul Taiwan Taipei Thailand
Bangkok Pacific Australia Melbourne, Sydney
North America US Georgia Kennesaw, Duluth,
Atlanta New Jersey Atlantic City North Carolina
Charlotte Ohio Xenia Oregon Beaverton Utah
Logan California Sacramento Canada Ontario
Toronto South America Brazil Sao Paulo
RD and/or Manufacturing
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Company structure
Barco Vision
Presentation Simulation
Barco View
Control Rooms
Media Entertainment
Sales
34 19
18 13
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Media Events Digital Cinema
Medical imaging Avionics Traffic Control Defense
Security
Textiles Plastics
Simulation VAR Edutainment Presentation
Broadcast Traffic Surveillance
Markets
Manufacturing Services 5
Corporate Support
Information Technology
Technology
Finance Administration
Human Resources
Corporate Marketing
Investor Relations
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Market overview
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Air Traffic Management

• Displays, graphics controllers, toolbox software
  solutions, archiving recording systems and
  operational maintenance support software for
  real-time air traffic management

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(No Transcript)
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Spata Airport Tower, Athens, Greece
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Avionics

• Cockpit displays such as primary flight displays,
  navigation displays, control display units,
  engine instrument displays
• Situational awareness displays for critical
  flight applications

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Beriev-200
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Defense Security

• Rugged visualization solutions, including flat
  panel displays, graphics controllers, consoles
  and workstations, recording solutions and rugged
  computers
• Used in a variety of defense and security
  applications for reconnaissance, surveillance and
  intelligence gathering purposes

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E2C-Hawkeye
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E2C-Hawkeye
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Fully Integrated Tactical System, EADS
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Medical Imaging

• PACS (Picture Archiving and Communication
  Systems)
• High quality flat panel display systems, graphics
  controllers, QA management software and
  projection systems
• Custom imaging solutions
• Customized hardware and software solutions to
  expand the functionality of modalities,
  including X-ray, CT, MRI, Endoscopy,
  Ultrasound

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UZA Edegem
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Nio, Industry-standard medical viewing system
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Events

• LED, projection and control equipment for rental
  staging industries
• Used at concerts with products gracing the shows
  of Madonna, U2, Jennifer Lopez, Paul Mc Cartney
  and many more
• Used for corporate events such as car shows,
  exhibitions, fashion shows, seminars

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Kylie Minogue
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Robbie Williams
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MTV Europe awards
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Frankfurt Car Show
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Tokyo Car Show
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Armani Fashion Show
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Media

• Full color LED display systems and peripheral
  equipment used in
• sports arenas
• corporate HQs
• shopping malls flagship stores
• theme parks
• advertising, ...

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University of Texas, Austin
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Picanol HQ, Belgium
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Fashion Show, Las Vegas
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Glasgow City Screen
Glasgow City Screen
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Quiksilver, Times Square, New York
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Digital Cinema

• Digital Cinema
• Conversion of analog to digital
• Huge potential of 120,000 theaters worldwide
• High end Home Cinema

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Movie Theater
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Post production
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Simulation

• Total simulation solutions, including proprietary
  projector and screen technology, mechanical
  engineering and maintenance software for
• Flight
• Air traffic
• Car Ship

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Ericsson SAAB Avionics flight simulator
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NASA Space Shuttle Simulator
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HELISIM Helicopter Simulator
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ATC Simulator, NLR, Rotterdam
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Virtual Reality

• Display solutions for immersive visualization
  markets
• Oil gas
• Display systems to visualize seismic data,
  complex reservoir models, well logs and geologic
  cross sections
• Automotive
• Display systems facilitating virtual prototyping
  design, engineering and manufacturing of a new
  automobile, reducing time-to-market
• Science
• Pharmaceutical medical modeling
• Scientific research and education

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PSA France
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Schlumberger Oasis iCenter, Abu Dhabi, UAE
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Calgary Center for Innovative Technology (Canada)
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Edutainment

• Total projection solutions, from brainstorm to
  delivery
• For museums, science centers, aquariums,
  planetariums, theme parks leisure centers

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LAstronef, Saint-Etienne, France
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Goto Virtuarium, Japan
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Presentation

• Networked projection solutions for meeting rooms,
  from executive boardrooms to large auditoriums
• Enabling collaborative videoconferencing between
  remote sites

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CaixaForum, Barcelona, Spain
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World Economic Forum, Davos
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Prestonwood Baptist Church, Texas
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Utilities, Telecom, Broadcast, Traffic
Surveillance

• Visualization, image processing software
  integration for
• broadcast and distribution monitoring centers
• Integrated display wall solutions for
• traffic management centers
• surveillance centers

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Telekom Ulm, Germany
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Nuon, the Netherlands
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EMC Digital Head End, Taiwan
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ASTRA, Luxembourg
ASTRA Luxembourg
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NCP Manchester, UK
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FAA, Atlanta, USA
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Textiles Plastics

• Sensors systems for visual inspection and
  quality control
• Spinning
• Weaving
• Finishing (dyeing)
• CIM systems for the plastics injection molding,
  blow molding, extrusion, packing and assembly
  industry

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De Witte Lietaer, Belgium
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Concordia Textiles, Belgium
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Geographical breakdown of sales
2002
2003
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Employees
Total number 4.089

• MKT Marketing Sales
• RD Research Development
• MAN Manufacturing
• CS Customer Service
• ADM Administration
• LOG Logistics

February 2003
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Strategy expand in 3 dimensions
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Strategy market-driven technology-enabled

• Continue to invest in RD 75 mio/year, i.e.
  around 12 of sales
• Listen to our customers by strengthening
  involvement of key customers in our product
  design
• More than 60 of our products did not exist two
  years ago

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Strategy extend product lifecycle
Expanding high-end niche strategy into mid-end
by adopting different business models
90 10 0
NOW
IN 3 YRS 80 18 2
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Operational results full year 2003
in mio 2002 2003 Growth 03 / 02
Orders nominal 680.7 662.6 (3)
Orders comparable 680.7 715.4 5
Sales nominal 669 629 (6)
Sales comparable 669.0 681.8 2
EBITA 71.2 69.1 (3)
EBITA comparable 71.2 90.0 26
EBITA 10.6 11.0 4
Book-to-bill 1.02 1.05 3
Before restructuring of 2.5 mio / 19
lower in full year
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Operational results Q1 2004
in mio Q1 2003 Q1 2004 Growth Q1 04 / Q1 03 ()
Orders nominal 157.9 153.9 -2.5
Orders at constant currencies 157.9 164.6 4.3
Sales nominal 151.1 149.2 -1.2
Sales at constant currencies 151.1 158.8 5.1
EBITA 15.4 15.4 0.0
EBITA at constant currencies 15.4 16.6 7.0
EBITA 10.2 10.3 1.1
Book-to-bill 1.05 1.03 -1.4
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Questions answers

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