EVS Broadcast Equipment reports first quarter 2016 results

Publication on May 12, 2016, before market opening Regulated information - Press release quarterly results EVS Broadcast Equipment S.A.: Euronext Brussels (EVS.BR), Bloomberg (EVS BB), Reuters (EVSB.BR) * 1Q16 highlights * Revenue of EUR 26.9 million, +11.4% compared to 1Q15 (+10.4% excl. event rentals and at constant currency) * Strong quarter in Americas and APAC, * EBIT of EUR 7.6 million (28.1% EBIT margin, or 24...

New York, 12/05/2016 (informazione.news - comunicati stampa - elettronica)

   

  

 

 

 

 

 

 

 

 

"The recent NAB show confirmed that the key growth drivers of the broadcast industry are 4K, IP and multiplatform delivery", said Muriel De Lathouwer, Managing Director & CEO of EVS. "But it also highlighted that the adoption of these new technologies will happen over years. EVS actively supports customers in these different transitions. The AIMS alliance (Alliance for IP Media Solutions), of which EVS is an active member, clearly helps making progress in the transition to IP."

 

Commenting on the results and prospects, Yvan Absil, CFO, said: "Our first quarter sales were in line with our expectations and we delivered a strong order book in the context of a big event year. Revenue was supported by good performance in the Americas and APAC regions. For 2016, we expect revenue to be between EUR 120 million and EUR 140 million, including around EUR 11 million of rentals from big events. We entered 2016 with the same disciplined approach to cost management. The EBIT margin for the quarter was 28.1% (24.3% excluding , and the EPS EUR 0.36. "

 

 

EVS will hold a conference call in English today at 3:00 pm CET for financial analysts and institutional investors. Other interested parties may join the call in a listen-only mode. The presentation used during the conference call will be available shortly before the call on the EVS website.

 

Dial-in numbers: +44 (0)20 7162 0077 (United Kingdom), +32 (0)2 290 14 07 (Belgium), +1 334 323 6201 (United States)

Conference call ID: 958686

 

 

Tuesday May 17, 2016: Ordinary General Meeting

Tuesday May 24, 2016: final dividend - ex-date

Wednesday May 25, 2016: final dividend - record-date

Thursday May 26, 2016: final dividend - pay-date

Thursday August 25, 2016: 2Q16 results

Thursday November 10, 2016: 3Q16 results

 

 

 

 

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