EVS Q3 2024 business update

Reaffirming growth expectations for 2024, setting a new revenue high for EVS, while actively building the future

EVS’ financial results are firming up in line with expectations. While the final weeks of production and deliveries are being planned, we primarily focus on building the future. Order intake for the fourth quarter looks promising, ensuring a kick start in 2025. We have significant commercial opportunities in the pipeline, which are bound to play a substantial role in our future success and contribute to overall order intake.

Highlights

• Revenue performance continues to demonstrate strong growth, supported by the successful completion of major summer sporting events. 
• The secured revenue* allows EVS to confirm the higher-end range of the existing revenue guidance (EUR 190 - 200 million). 
• Gross margin levels continue to improve and operational expenses remain under control, demonstrating our objective to realize a profitable growth in 2024. 
• In line with the revenue guidance, EVS reconfirms also the higher-end range of the existing EBIT guidance (EUR 40 - 46 million).

*secured revenue includes the already recognized revenue as well as open orders on hand that will be recognized as revenue in 2024