“2023 was a challenging year,” say CEOs An Steegen and Charles Beauduin. “The recovery from the pandemic in China has been slower than expected, and the Healthcare markets fell short of expectations, partly due to higher than normal customer inventories. On the other hand, the Entertainment division performed very strongly, with Meeting Experience gaining market share.”
For 2024, Barco expects turnover to be in line with 2023. From 2025 onwards, turnover is expected to grow again.