Barco NV, a global technology company, reported its financial results for the first half of 2025, announcing a 5% increase in sales to 454.4 million euros compared to the same period in 2024. The company also reported a significant 36% rise in EBITDA, reaching 48.0 million euros from 35.2 million euros in the first half of the previous year. The gross profit margin improved slightly to 40.0% of sales, driven by an improved product mix, which offset the impact of increased US tariffs. Free cash flow for the period was reported at 21.4 million euros, up from 14.6 million euros year-on-year, while capital expenditures amounted to 14.0 million euros, mainly invested in an automated warehouse in Belgium and financing for Cinema-as-a-Service. The net cash position decreased to 182.0 million euros from 259.0 million euros at the end of 2024, reflecting the positive free cash flow offset by dividend payments and a share buyback program. In terms of business performance, Barco experienced strong growth in its Entertainment division, steady progress in Healthcare, and normalized channel inventory levels for ClickShare. The company noted good traction from new product introductions and the first shipments of the Encore 3 Image Processing. Barco maintains its guidance for topline and EBITDA margin growth for the full year 2025, assuming no major adverse changes in macro-economic circumstances.