EVS Broadcast - second quarter results and summer order book; another
sequential improvement
(Thomson Reuters ONE) - * 2Q09 revenue of EUR 18.7 million, -45.8% vs. 2Q08 (-47.9% at constant exchange rate), but a sequential improvement compared to 4Q08 (+36.8%) and 1Q09 (+4.7%) * Resilient EBIT margin of 44.3% * 2Q09 earnings per share of EUR 0.37 * Healthy balance sheet with net cash position of EUR 37.7 million at June 30, 2009 * Summer order book of EUR 23.6 million, underlying improving business trendsLiège (Belgium), August 27, 2009, EVS Broadcast Equipment S.A.(Euronext Brussels: EVS.BR, Bloomberg: EVS BB, Reuters: EVSB.BR)(Pinksheets: EVBEF), the leader in Professional Digital Videoapplications for live, near-live and studio TV production, todayreported its results for the second quarter ("2Q09") and the firsthalf ("1H09") of 2009.Key highlightsPierre L'Hoest, CEO of EVS said: "The last few months have beenchallenging for the broadcast industry. Lower spending due to projectdelays, financing issues or lower advertising revenues have impacteda lot of manufacturers in our industry, including EVS. But thissummer has seen more discussions with the clients, and the upcomingIBC tradeshow in Amsterdam should confirm this trend. And, as we livein a fast moving industry, it is important that we continued todevelop and launch new solutions that will bring the clients to thenext level."Commenting on the results and perspectives, Jacques Galloy, CFOadded: "The global economic environment will continue to weigh on ourbusiness performance this year. Despite much lower sales, we havemanaged to control our costs during the downturn, delivering 47.6%EBIT margin over the first six months. Even though we expect aslightly better second half, it is clear that both revenues andprofits will be much lower in 2009 than in record year 2008. All ourdrive is focused on 2010 and beyond."Corporate Calendar:September 10-15, 2009 IBC Trade Fair inAmsterdam (NL)Thursday November 12, 2009 3Q09 earningsThursday February 11, 2010 FY09 earningsTuesday May 11, 2010 1Q10 earningsTuesday May 18, 2010 Combined Ordinary andExtraordinary General MeetingFor more information, please contact:Jacques GALLOY, Director & CFOGeoffroy d'OULTREMONT, Investor Relations & Corporate CommunicationsManagerEVS Broadcast Equipment S.A., Liege Science Park, 16 rue du BoisSaint-Jean, B-4102 Ougrée (Liège), BelgiumTel: +32 4 361 70 14. E-mail: corpcom(at)evs.tv; www.evs-global.comForward Looking StatementsThis press release contains forward-looking statements with respectto the business, financial condition, and results of operations ofEVS and its affiliates. These statements are based on the currentexpectations or beliefs of EVS's management and are subject to anumber of risks and uncertainties that could cause actual results orperformance of the Company to differ materially from thosecontemplated in such forward-looking statements. These risks anduncertainties relate to changes in technology and marketrequirements, the company's concentration on one industry, decline indemand for the company's products and those of its affiliates,inability to timely develop and introduce new technologies, productsand applications, and loss of market share and pressure on pricingresulting from competition which could cause the actual results orperformance of the company to differ materially from thosecontemplated in such forward-looking statements. EVS undertakes noobligation to publicly release any revisions to these forward-lookingstatements to reflect events or circumstances after the date hereofor to reflect the occurrence of unanticipated events.About EVS GroupEVS Broadcast Equipment designs, develops and markets professionaldigital equipment for Television. The company employs over 240persons in 13 countries and sells its products to professionals ofthe video and audio sectors in more than 90 countries. EVS is apublic company traded on Euronext Brussels: EVS, ISIN: BE0003820371.For more information, refer to www.evs-global.comEVS Broadcast is the world leader for Live TV Production Digital DiskRecorders and Related Software Applications, especially in the fieldof sports. The company's dedicated hardware and software suite offera complete production platform: live slow motion (LSM), high speedslow motion, replay only, clips generation, quick clips editing,real-time SD/HD video files transfer, time delay, multi-camerarecording, metadata association, graphics storage and play-out,digital transmission, multi-format ingest and play-back, audio record& edit, webcasting, mobile phone clipping. Main software applicationslike the "IP Director®" are running on the dedicated robust andflexible hardware the "XT[2]® Platform". The world's leadingbroadcasters, such as NBC, BSkyB, FOX, RTBF, RTL, NHK, CANAL+, ABC,ESPN, TF1, CCTV, PBS, CBS, BBC, ZDF, Channel7, RAI, TVE, NEP,MEDIAPRO, EUROMEDIA, BEXEL, ALFACAM and many others use EVS'solutions.EVS 47,2% affiliate XDC is pioneering Digital Cinema Logistics andPlay-out and operates between the movies distributors and exhibitors.XDC has installed more than 500 digital screens throughout Europe inGermany, Sweden, France, Austria, Portugal, UK, Belgium, etc.http://hugin.info/133958/R/1337399/318664.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 27.08.2009 - 06:30 Uhr
Sprache: Deutsch
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