EVS Broadcast Equipment: 3Q07 Sales

 | Source: EVS Broadcast Equipment EVS Broadcast Equipment

Please find enclosed our latest press release:
EVS Press Release 3Q07 Sales 
 
Liège (Belgium), 8 November 2007, EVS Broadcast Equipment S.A. (ISIN BE0003820371, Euronext EVS.BR, Bloomberg EVS BB, Reuters EVSB.BR, OTC Pinksheets EVBEF), the leader in Professional Digital Video applications for Live, Near-Live and Studio TV Production, today reports its results for the third quarter 2007 ("3Q07") and first nine months of 2007 ("9M07"):
 
Highlights:
 
  •               RECORD 3Q07 SALES 24,4 MILLION EUR, +1% vs. 3Q06
  •               9M07 SALES OF 67,5 MILLION EUR, +9% EXCL 2006 EVENTS RENTALS
  •               ASIA & PACIFIC UP 48%, AMERICA'S UP 41%, COMPENSATE EUROPE DOWN 30%
  •               3Q07 EBIT OF 15,8 MILLION EUR, OR 65% OF SALES
  •               3Q07 EPS OF 0,73 EUR, DOWN 9%
  •               VERY STRONG AUTUMN ORDERBOOK OF 31,4 MILLION €, OR +79%
  •               STUDIO REPRESENTS 40% OF THAT ORDERBOOK
  •               REVISED GUIDANCE: 2007 SALES TO EXCEED 94 MILLION EUR
  •               2007 TURNS OUT TO BE A GOOD YEAR THAT ANTICIPATES ON 2008
  •               INTERIM DIVIDEND OF 0,80 EUR PER SHARE NEXT NOVEMBER 21, 2007.
    •  
    EVS will hold today an analyst and journalist meeting in Liège at 10:30 CET, with Pierre L'Hoest, CEO EVS Broadcast and Jacques Galloy, Group CFO. A conference call in English will be held at 4:00 PM (CET) to offer another opportunity to discuss the results and recent developments. Please contact corpcom@evs.tv to receive the dial-in number and the presentation.
     
    For more information, please contact:
     
    Jacques GALLOY, Director & CFO, EVS Broadcast Equipment
    Liege Science Park, 16 rue du Bois Saint-Jean, B-4102 Liège-Ougree, Belgium
    Tel : +32 4 361 7014. E-mail : corpcom@evs.tv; www.evs-global.com
     
    Forward Looking Statements
    This press release contains forward-looking statements with respect to the business, financial condition, and results of operations of EVS and its affiliates. These statements are based on the current expectations or beliefs of EVS's management and are subject to a number of risks and uncertainties that could cause actual results or performance of the Company to differ materially from those contemplated in such forward-looking statements. These risks and uncertainties relate to changes in technology and market requirements, the company's concentration on one industry, decline in demand for the company's products and those of its affiliates, inability to timely develop and introduce new technologies, products and applications, and loss of market share and pressure on pricing resulting from competition which could cause the actual results or performance of the company to differ materially from those contemplated in such forward-looking statements. EVS undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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    EVS Press Release 3Q07 Sales
    GlobeNewswire