barco_companypresentation_20050502
TRANSCRIPT
Page 1
Barco Company overview
Ann GallandDirector Corporate Marketing March 2005
Page 2
Barco
• International company, headquartered in Kortrijk, Belgium, with a global presence in over 90 countries
• Active in professional markets worldwide
• Listed on Euronext Brussels, part of BEL 20 and Next 150
• Sales in 2004: € 671 mio
• EBITA: € 72 mio
Page 3
Worldwide presence
Europe
Belgium: Kortrijk, Kuurne, Poperinge, Louvain-la- NeuveCzech Republic DenmarkFrance: Toulouse, Saint- Denis, Peynier Germany: Berlin, Bremen, Düsseldorf, Frankfurt, Karlsruhe, Köln, Stuttgart, Mengerskirchen Italy: Como, Milano Poland Russian FederationSpain: Barcelona, MadridSwitzerlandThe Netherlands UK: Blackburn, Reading, Great Yarmouth, Edinburgh Sweden
Middle East
Israel United Arab Emirates
Asia
China: Beijing, Chengdu, Guangzhou, Shanghai, Hong Kong India: Noida, Mumbai, BangaloreJapan: Tokyo, Osaka, NagoyaMalaysiaSingaporeSouth-KoreaTaiwanThailand
Pacific
Australia: Melbourne, Sydney
North America
USA
Georgia: Kennesaw, Duluth New Jersey: Atlantic City North Carolina: Charlotte Ohio: Xenia Oregon: Beaverton Utah: Logan California: Sacramento
Canada
South America
Brazil
* R&D and/or Manufacturing
Americas EMEA Asiapac
Page 4
Operational results
Sales
2003 2004
In million euro
100
200
300
400
500
600
700
OrdersEBITA
672 653
72
628 663
69
Sales OrdersEBITA
Page 5
Operational results 1Q05
in € million 1Q 2004 1Q 2005 Growth
Orders 153.9 172.4 12.1%
Sales 149.2 153.6 3.0%
EBITA 15.3 6.4 (58.0)%
EBITA % 10.3 4.2 (59.3)%
Book-to-bill 1.03 1.12 8.7%
$/€ 5% lower in 1Q05
Page 6
Geographical breakdown of sales
Growth 2003-2004in local currency
EMEA + 3%
AMERICAS + 14%
ASIAPAC. + 32%
2003
2004Asia Pacific
16.3%
EMEA51.8%
Americas31.9%
Asia Pacific18.7%
EMEA49.9%
Americas31.4%
Page 7
Manufacturing1661
Marketing200 Sales
472
Administration390
Customer Service495
R&D856
Logistics315
Employees
Total number: 4,389 on 31 December 2004
Page 8
Strategy: expand in 3 dimensions
Displays Image processing
Content &applications
EU
NA
APAC
Vertical markets
Products Solutions
Geographies
Page 9
Strategy: market-driven & technology-enabled
• Continue to invest in R&D: € 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
Page 10
Mission statement
To excel in creating stakeholder value, by offering user-friendly imaging solutions to selected professional markets worldwide.
–Barco designs and manufactures innovative hard- and software visualization solutions, integrating all aspects of the imaging chain, from image acquisition and processing to image display and management.
–Global presence, technological leadership and wide experience in B2B markets guarantee customers pioneering visualization that will optimize their productivity and business efficiency. Integrating the latest technologies, these “visual value” solutions answer specific customer needs in diverse markets.
–Barco enters a partnership with professionals requiring visualization for intensive use, looking for pixel-perfect visual information, searching for the lowest total cost of ownership, … professionals who know more.
Page 11
Values
• Customer focus:Barco wants to be a close business partner that speaks the customer’s language, that is alert and responsive, that understands and anticipates his needs
• Integrity: Relationships with customers, suppliers, colleagues and society in general are marked by integrity. Barco wants to be a long-term partner earning respect, credibility and trust through quality, service, openness and responsiveness
• Creativity:
Barco is continuously looking for fresh horizons, new technologies and creative ideas. Originality is an invitation for people to participate in an ambitious project, to express Barco’s authenticity through their own personalities
Page 12
Values (2)
• Passion for achievement: Employees share the same work spirit and passion to meet goals and deadlines. They are driven by the kicks of exploring new technologies, the pleasure of designing award-winning solutions and the satisfaction of creating added value
• Team spirit: Barco staff are driven by a healthy team spirit. They share the same vision and join hands to achieve their goals
Page 13
Company structure
BarcoView Barco Media & Entertainment
Barco Control Rooms
Barco Presentation & Simulation
BarcoVision
Barco Manufacturing Services
32.3% 23.4% 16.0% 15.6% 8.9%
3.8%
Defense & security
Traffic management
Medical imaging
Avionics
Events
Media
Digital cinema
Traffic & surveillance
Utilities & process
control
Broadcasting
Simulation & virtual
reality
Presentation
Textiles
Plastics
Page 14
Market overview
Page 15
Traffic Management
• Displays, graphics controllers, toolbox software solutions, archiving & recording systems and operational & maintenance support software for real-time air traffic management
• Barco solutions integrated by leading system integrators in control towers and area control centers for more than 50 Air Navigation Service Providers worldwide
Page 16
Skyguide, ZurichSkyguide, Zurich
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Spata Airport Tower, AthensSpata Airport Tower, Athens
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DFS, BremenDFS, Bremen
Page 19
Avionics
• Cockpit displays such as video display units, smart display units, multi-purpose control display units, electronic flight instrument systems and electronic flight bags
• Used to display critical flight data
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Airbus A-380Airbus A-380
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Beriev-200Beriev-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-HawkeyeE2C-Hawkeye
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E2C-HawkeyeE2C-Hawkeye
Page 25
Fully Integrated Tactical System, EADSFully Integrated Tactical System, EADS
Page 26
Medical Imaging
• Barco is a worldwide leader in 3D software and softcopy display technology for PACS and digital imaging modalities
– PACS• Grayscale and color flat panel display systems, digital
lightboxes, QA management software and DICOM-compliant projection systems
• 3D medical imaging software (acquisition of Voxar Sept. 2004)
– Modalities• Customized hardware and software solutions to expand the
functionality of modalities, including: X-ray, CT, MRI, Endoscopy, Ultrasound
Page 27
UZA Edegem, AntwerpUZA Edegem, Antwerp
Page 28
Imelda Hospital Bonheiden, BelgiumImelda Hospital Bonheiden, Belgium
Page 29
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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Britney SpearsBritney Spears
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Paris car showParis car show
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Armani Fashion ShowArmani Fashion Show
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China Car Show China Car Show
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Kylie MinogueKylie Minogue
Page 35
Media
• Full color LED display systems and peripheral equipment used for
– Outdoor advertising– Point of sales communication– Image building at corporate headquarters– Spectacular sites like Times Square, Piccadilly Circus,
Champs-Elysees, …– Indoor and outdoor sports arenas– Entertainment at theme parks, casinos, museums, …
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Crown Fountain, ChicagoCrown Fountain, Chicago
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Hala Sazka Arena, PragueHala Sazka Arena, Prague
Page 38
Fashion Show, Las VegasFashion Show, Las Vegas
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Shanghai F1 trackShanghai F1 track
Page 40
Digital Cinema
• Digital solutions open a new world of theatrical, advertizing and business opportunities in cinemas
• Huge potential of ±120,000 theaters worldwide that need to convert from analog to digital
• Barco has over 200 digital installations worldwide and enjoys strong relationships with industry leaders like Dreamworks SKG and Eastman Kodak
Page 41
Ziegfeld Theater, New YorkZiegfeld Theater, New York
Page 42
Simulation
• Total simulation solutions, including proprietary projector and screen technology, mechanical engineering and maintenance software for – Flight– Air traffic control– Car & Ship
Page 43
NASA Space Shuttle SimulatorNASA Space Shuttle Simulator
Page 44
HELISIM Helicopter SimulatorHELISIM Helicopter Simulator
Page 45
ATC Simulator NLR, RotterdamATC Simulator NLR, Rotterdam
Page 46
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
Page 47
PSA FrancePSA France
Page 48
Schlumberger Oasis iCenter, Abu DhabiSchlumberger Oasis iCenter, Abu Dhabi
Page 49
Calgary Center for Innovative TechnologyCalgary Center for Innovative Technology
Page 50
Edutainment
• Total projection solutions, from brainstorm to delivery
• For museums, science centers, aquariums, planetariums, theme parks & leisure centers
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Planetarium aboard Queen Mary 2Planetarium aboard Queen Mary 2
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L’Astronef, Saint-EtienneL’Astronef, Saint-Etienne
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VR theater in the Forbidden City, BeijingVR theater in the Forbidden City, Beijing
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Presentation
• Networked projection solutions for meeting rooms, from executive boardrooms to large auditoriums
• Enabling collaborative videoconferencing between remote sites
Page 55
Case Western University, ClevelandCase Western University, Cleveland
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World Economic Forum, DavosWorld Economic Forum, Davos
Page 57
Prestonwood Baptist Church, TexasPrestonwood Baptist Church, Texas
Page 58
Traffic & Surveillance
• Integrated display wall solutions for traffic management and surveillance centers
• Real-time, integrated view of data and video sources for operators in command & control centers of police, fire brigades and other organizations
Page 59
Welsh Assembly, UKWelsh Assembly, UK
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NCP ManchesterNCP Manchester
Page 61
Utilities & Process control
• Barco’s display walls provide operators with all key information of a facility and/or distribution network at a glance
• Typically used in electricity, water, oil and gas plants
Page 62
Elia, BelgiumElia, Belgium
Page 63
Telekom Ulm, GermanyTelekom Ulm, Germany
Page 64
Broadcasting
• Visualization, image processing & software integration for broadcast and distribution monitoring centers
• Barco rear-screen projection walls used – To manage a wide range of incoming signals– As a backdrop solution for interactive use in a studio
environment
Page 65
EMC Digital Head End, TaiwanEMC Digital Head End, Taiwan
Page 66
Dubai TVDubai TV
Page 67
Textiles & Plastics
• Sensors & systems for visual inspection and quality control
– Spinning– Weaving– Finishing (dyeing)
• MES (Manufacturing Execution Systems) for the plastics injection molding, blow molding, extrusion, packing and assembly industry
Page 68
Textilgruppe HofTextilgruppe Hof
Page 69
Ideal Floorcoverings, BelgiumIdeal Floorcoverings, Belgium
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Questions & answers
Thank you for your time!