24 October 2007, page 1Company confidential

Results 3Q07

Martin De Prycker, CEO

24 October 2007

24 October 2007, page 2Company confidential

Results 3Q07: reported *

in € million 3Q 2006 3Q 2007** Growth 3Q07/3Q06

Orders 230.3 221.9 (3.7%)

Sales 170.2 189.0 11.0%

EBIT *** 8.5 11.0 29.2%

EBIT % 5.0% 5.8%

EPS (in €) 0.54 0.70 29.6%

* Including BarcoVision and mechanical part of Manufacturing Services ** Not including the parts of Manufacturing Services, divested in 2006*** Not including parts of Manufacturing Services, divested end 2006: € 7.5 million

24 October 2007, page 3Company confidential

Results 3Q07: continuing operations *

in € million 3Q 2006 3Q 2007 Growth3Q07/3Q06

Orders 215.3 204.5 (5.0%)

Orderbook 306.6 347.2 13.2%

Sales 153.2 173.1 ** 13.0%

EBIT 7.2 *** 8.2 15.0%

EBIT % 4.7% 4.8%

* Excluding BarcoVision and Manufacturing Services ** 16.5% at comparable €/$ rate*** Currency impact on EBIT is around € 3 million negative

24 October 2007, page 4Company confidential

Results per quarter: continuing operationsin € million

0

50

100

150

200

250

0

50

100

150

200

250

Orders

Sales

EBIT

Avg. LTM Orders

Avg. LTM Sales

24 October 2007, page 5Company confidential

Overall comments on results 3Q07

Good orders growth, especially in Security & Monitoring and Medical Imaging

Large sales growth of 16.5% vs 3Q06 on comparable basis (including currency evolution)

– Strong growth in Media & Entertainment and Security & Monitoring– Stable in Medical Imaging– Decline in Other Markets

Book-to-bill very good at 1.18

EBIT at € 8.2 million, 15% better than 3Q06, thanks to increased gross profit, despite negative currency impact of around € 3 million

24 October 2007, page 6Company confidential

Evolution of results per division(on continuing operations)

in € million 3Q06 3Q07 Sales growth 3Q07/ 3Q06

Sales % EBIT Sales % EBIT

Media & Entertainment

49.2 3.9% 61.8 5.5% 25.6%

Security & Monitoring 47.3 (1.3%) 58.3 3.9% 23.2%

Medical Imaging 31.3 14.9% 31.3 9.3% 0.2%

Other Markets 31.3 3.7% 29.5 (1.1%) (5.6%)

Eliminations -5.9 -7.9

Total 153.2 4.7% 173.1 4.8% 13.0% *

* 16.5% at comparable €/$ rate

24 October 2007, page 7Company confidential

Media & Entertainment Division (1)

in € million

- 20

0

20

40

60

80

100

1Q04

2Q04

3Q04

4Q04

1Q05

2Q05

3Q05

4Q05

1Q06

2Q06

3Q06

4Q06

1Q07

2Q07

3Q07

- 20

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20

40

60

80

100

1Q05

2Q05

3Q05

4Q05

1Q06

2Q06

3Q06

4Q06

1Q07

2Q07

3Q07

Orders

Sales

EBIT

Avg. LTM Orders

Avg. LTM Sales

24 October 2007, page 8Company confidential

Media & Entertainment Division (2)

Orders / Sales– Book-to-bill ratio at 0.93– Events had double digit sales growth, growing slightly slower

than last quarters, as market is waiting for some of our new products

– Media had strong increasing sales. Orders were lower than last year due to a very large order for Dubai

– DC sales ramping up to deliver from order book – VPF gets introduced on a wider scale, orders awaiting roll out

Profitability– Gross profit increased 20.2% vs the year before– EBIT margin better at 5.5% vs 3.9% in 3Q06, thanks to strong

sales increase

Sales increased 25.6%EBIT increased 74.1%

24 October 2007, page 9Company confidential

Security & Monitoring Division (1)

in € million

- 10,0

0,0

10,0

20,0

30,0

40,0

50,0

60,0

70,0

80,0

- 10,0

0,0

10,0

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70,0

80,0

Orders

Sales

EBIT

Avg. LTM Orders

Avg. LTM Sales

24 October 2007, page 10Company confidential

Security & Monitoring Division (2)

Orders / Sales– Book-to-bill high at 1.09– Double digit growth in orders, mainly in traffic, broadcast,

power distribution and city surveillance– Sales in control rooms strongly growing, and in defense

showing first growth, although still moderate

Profitability– Gross profit increased 16.8% vs 3Q06, thanks to higher sales

volume– EBIT margin at 3.9% vs -1.3% in 3Q06, thanks to higher gross

profit

Sales increased 23.2%EBIT positive and promising on the back of growing orders

24 October 2007, page 11Company confidential

Medical Imaging Division (1)

in € million

0

10

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Orders

Sales

EBIT

Avg. LTM Orders

Avg. LTM Sales

24 October 2007, page 12Company confidential

Medical Imaging Division (2)

Orders / Sales– Book-to-bill ratio high at 1.62, thanks to one big order to be

shipped over the next 12 months– Sales in PACS flat vs 3Q06, particularly due to lower US

sales, caused by deficit reduction act– Modality orders and sales flat

Profitability– Gross profit increased by 2.7% vs last year– EBIT margin at 9.3%, lower than 14.9% in 3Q06, as

investments in new product development and sales have increased

Promising order growth against temporarily weak sales environment

24 October 2007, page 13Company confidential

Other Markets (1)

in € million

- 5,0

0,0

5,0

10,0

15,0

20,0

25,0

30,0

35,0

40,0

45,0

- 5,0

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Orders

Sales

EBIT

Avg. LTM Orders

Avg. LTM Sales

24 October 2007, page 14Company confidential

Other Markets (2)

Orders / Sales– Higher orders in simulation and presentation market, but

lower in Avionics (although still at high level)– Lower sales in simulation than 3Q06, as some projects

shifted to 4Q07

Profitability– Gross profit margin declined due to lower sales volume– EBIT margin at -1.1% vs 3.7% in 3Q06, due to lower sales

and large investments in new products

24 October 2007, page 15Company confidential

Status of discontinued operations

The divestiture of BarcoVision to Itema is expected to close end 2007, pending government approvals

Negotiations with potential partner for the mechanical part of Manufacturing Services continue, still targeting to close before end 2007

24 October 2007, page 16Company confidential

48%

32%

20%

EMEAAMERICASAPAC

Geographical breakdown of sales(continuing operations)

48%

34%

18%

EMEAAMERICASAPAC

3Q06

3Q07

24 October 2007, page 17Company confidential

Key figures Income Statement

in € million 3Q06 % 3Q07 %

SalesCost of goods sold

153.2-92.6

100.0-60.4

173.1-106.8

100.0-61.7

Gross ProfitResearch & DevelopmentSales & MarketingGeneral & AdministrationOther operating result

60.6-15.6-26.7-10.9

-0.2

39.6-10.2-17.4

-7.1-0.2

66.3-18.0-26.8-12.2

-1.1

38.3-10.4-15.5

-7.0-0.6

EBITGoodwill impairment

7.20.0

4.70.0

8.20.0

4.80.0

Operating Result 7.2 4.7 8.2 4.8

Non-operating result -0.5 -0.3 -0.8 -0.5

Income Taxes -1.0 -0.7 -1.1 -0.6

Net Income discontinued operations 1.1 0.7 2.1 1.2

Net Income 6.7 4.4 8.5 4.9

Current Cash Flow 17.6 11.5 20.4 11.8

EBITDA 19.2 12.5 22.3 12.9

Net Earnings per Share (in €) 0.54 0.70

24 October 2007, page 18Company confidential

Key figures Balance Sheet

in € million 30/09/06 31/12/06 30/09/07*

Accounts Receivable 191.0 218.6 187.3

Inventory 174.8 146.7 196.3

Trade Payables 74.2 69.4 87.0

* Only including continuing operations

24 October 2007, page 19Company confidential

Expectations 2007

Highest order book ever increases sales growth targets for 2007 to 7% and 9%, higher than our target of 6% to 9%, despite the strong dollar decline

Strong profit increase for 2007 confirmed versus 2006, despite the weak dollar

We expect an EBIT margin of up to 9% for the reported operations and slightly lower in the continuing operations, due to a higher negative currency impact and the internal profit of the mechanical subcontracting unit, which is no longer included

24 October 2007, page 20Company confidential

New Capital Structure

We are expected to receive the proceeds from the sales of BarcoVision upon closing, which will create a cash surplus

The Board of Directors will propose to the shareholders to return around € 70 million from the divestiture to the shareholders by a capital reduction

Even after the capital reduction, Barco will still have a strong balance sheet, to support external and internal growth and to create higher shareholder return

Timeline around mid 2008