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resultat

EVS reports second quarter 2017 results

  • 2Q17 highlights
    • Revenue of EUR 28.3 million, -24.6% compared to 2Q16 (excl. event rentals and at constant currency), and +26.3% compared to a weak 2Q15 (last uneven year)
    • Opex increase by 5.5% compared to a low base in 2Q16 that included one-time elements
    • EBIT margin of 28.0% (or 23.8% excluding other income)
    • Net profit of EUR 5.5 million, EPS of EUR 0.41

 

  • 1H17 highlights
    • Revenue of EUR 52.8 million, -18.1% compared to 1H16 (excl. event rentals and at constant currency)
    • Operating expenses under control (+2.9% compared with 1H16)
    • EBIT margin of 24.3% (or 22.0% EBIT excluding other income)
    • Net profit of EUR 9.1 million, EPS of EUR 0.67

 

  • 2017 outlook
    • Order book of EUR 37.4 million on August 25, 2017 (to be invoiced in 2017)
      • -9.6% compared to 2016 (which included EUR 8.3 million big event rentals);
      • +10.9% compared to 2016 excluding big event rentals
    • Additional order book of EUR 22.4 million for 2018 and beyond, including EUR 9.0 million of big event rentals
    • Revenue in 2017 is expected to be between EUR 115 million and EUR 125 million
    • Opex are expected to grow moderately in 2017