EVS reports third quarter 2009 results and autumn order book
(Thomson Reuters ONE) - * 3Q09 revenue of EUR 19.6 million, -47.3% vs. 3Q08 (-35.8% at constant exchange rate and excluding the 2008 big events rentals), and a continued improvement compared to the last three quarters * Acceleration of studio focused R&D investments: +25% vs. 2008 * 3Q09 EBIT margin of 47.5%; 3Q09 earnings per share of EUR 0.42 * Autumn order book of EUR 28.0 million (+142.8%), incl. EUR 11.8 million orders to be invoiced in 2010 and beyond * Major studio contract with Sky News, to be delivered over the next six months * New global service agreement for the 2010 Vancouver Olympics exceeding EUR 1 million * 2009 is a transition year towards a stronger 2010 * EUR 1.00 gross interim dividend per share to be paid at the end of NovemberLiège (Belgium), November 12, 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 third quarter ("3Q09") and the firstnine months ("9M09") of 2009.Key highlightsPierre L'Hoest, CEO of EVS said: "The market continues to bechallenging for the broadcast industry. The somewhat improvingsentiment about the global economic environment has pushed someclients to realize some catch up purchases, and some other clients tostart thinking about large projects again, but it remains unclearwhether the coming months will show clear signs of recovery orcontinued cautiousness in the broadcast industry. In that market, wewill continue to focus on the development and launch of new solutionsthat will bring the clients to the next level. We are also very proudthat Sky News has elected EVS as key partner for the launch of itsnew HD news channel in the spring of 2010. This project will help usextending our know-how in the studio market as we develop somecustomized tools for it."Commenting on the results and perspectives, Jacques Galloy, CFOadded: "The uncertain economic environment will continue to weigh onour business performance this year. Despite lower sales, we havedecided to accelerate our R&D investments and have opened new R&Dcenters in Brussels and Paris as well as a new subsidiary inSwitzerland. The 47.5% EBIT margin during the first nine months of2009, as well as the interim dividend, show the resilience of thecompany during such a downturn. Following record year 2008, 2009 is atransition year towards a stronger 2010."Corporate Calendar:Monday November 23, 2009 Interim dividend - ex dateWednesday November 25, 2009 Interim dividend - record dateThursday November 26, 2009 Interim dividend - paymentdateThursday 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 250persons 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/1354426/328415.pdfThis announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 12.11.2009 - 06:31 Uhr
Sprache: Deutsch
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