Barco Nv (BCNAF) Q4 2022 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good morning, ladies and gentlemen. I am Willem François, I am Director of Investor Relations at Barco, and we welcome you this morning at our conference call on the results of the full year 2022. Together with me on stage today are Charles Beaudoin, CEO of Barco, and Anders Sender, CFO of Barco. Charla and Anne will walk you through the full year results update under the heading 32% top-line growth with significant profitability improvement, positioning BarcoWell for long-term profitable growth. Charlotte and Anne will provide extra color on the results and will take you through the earnings presentation, which is available on our investor portal since early this morning. After the presentation, we will open up for the Q&A round, when you will have the possibility to ask questions to Anne and Charlotte. And that's it for the introduction. We will start with the executive summary, and the floor is yours, Anne. Good morning to you all. Happy to share with you the results on 2022 as well as the outlook for 2023. Starting on the summary, 2022 has been a year of strong profitable growth. landing or starting on the stop line, an increase of sales of 32%. Orders landed at the same amount of sales. You might remember that in 2021 orders picked up and after the COVID quite well, but there was some timing effect or lagging effect into the sales to order conversion. Happy that we worked through these challenges on supply chain, that we over the course of the years and in the second semester, we could normalize our lead times and get to more normal delivery terms. And with that, our book to build, as we then call it, orders to sales landed at one. Order book ended at a record high end position for the years and more on that later on. Our EBITDA margin of operational results inc...