Brief: EVS Broadcast Equipment 9-Month Booked Revenue Up At EUR 112 Mln, Ups FY Guidance

Evs SA

18/11/2021 06:29

Nov 18 (Reuters) - EVS Broadcast Equipment SA  EVSB.BR :
    * EVS Q3 2021 BUSINESS UPDATE. CONFIRMING STRONG RESULTS FOR
2021
    * EVS ANNOUNCES THAT 2021 FULL YEAR REVENUE GUIDANCE IS
UPGRADED
TO LAND ABOVE EUR 135 MILLION BUT STILL DEPENDING ON POTENTIAL
SUPPLY CHAIN ISSUES
    * EVS WILL DISTRIBUTE AN INTERIM DIVIDEND OF EUR 0,50 PER
SHARE BY
END OF NOVEMBER 2021
    * FOR 2022, EVS SEES AN INCREASING IMPACT OF WORLDWIDE
SHORTAGES
IN SUPPLY CHAIN OF ELECTRONIC COMPONENTS
    * FOR 2022, EVS REMAINS CONCERNED ABOUT WORLDWIDE SHORTAGES
IN
SUPPLY CHAIN OF ELECTRONIC COMPONENTS
    * 2021 BOOKED REVENUE ON SEPTEMBER 30(TH) 2021 AMOUNTS TO
111.9
MIOEUR COMPARED TO 71.0 MIOEUR LAST YEAR (YOY INCREASE OF 57.6%,
ALL EXCLUDING BIG EVENT RENTAL)
    * EVS DOES FORESEE IN A SLIGHT INCREASE IN OPERATIONAL
EXPENSES IN
2021, IN COMPARISON TO 2020
    * NEXT TO A STRONG BOOKED REVENUE RESULTS, EVS ALSO HAS A
STRONG
ORDER BOOK FOR 2022 AND BEYOND
    * WE REMAIN CAUTIOUS ON OUR ABILITY TO DELIVER THIS ORDER
BOOK
TIMELY, TAKING INTO ACCOUNT SHORTAGE IN ELECTRONIC COMPONENTS
MARKET
    * STRONG ORDER INTAKE FOR YEAR 2021 (GROWING 79,6% INCL. BIG
EVENT
RENTALS)
    * MS. VEERLE DE WIT HAS BEEN APPOINTED AS CHIEF FINANCIAL
OFFICER
AS OF NOVEMBER 2 ND 2021

Source text for Eikon:  ID:nGNE5Vk6Fh 
Further company coverage:  EVSB.BR 

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