Brief: EVS Broadcast Equipment End-March Secured Revenue Excluding Big Event Rental Up At EUR 81.8 million

Evs SA

20/05/2022 17:42

May 20 (Reuters) - Evs Broadcast Equipment SA  EVSB.BR :
    * CONTINUED STRONG MOMENTUM
    * 2022 SECURED REVENUE ON MARCH 31ST AMOUNTS TO EUR 81.8
MILLION
COMPARED TO EUR 54.1 MILLION LAST YEAR (YOY +51,2%, EXCLUDING
BIG EVENT RENTAL)
    * OUTLOOK: OPERATIONAL EXPENSES CONTINUE IN LINE WITH
GUIDANCE
PROVIDED (GROWTH BETWEEN 5-10%) WITH INFLATION PUSHING GROWTH
TOWARDS HIGHER END OF RANGE
    * AN ADDITIONAL EUR 9.2 MILLION ORDERS ALREADY RECEIVED FOR
BIG
EVENT RENTAL WILL BE DELIVERED AND RECOGNIZED LATER IN 2022,
ENSURING AN OVERALL SECURED REVENUE FOR 2022 AT END OF MARCH OF
EUR 91.0 MILLION
    * Q1 SECURED REVENUE EXCLUDING BIG EVENT RENTAL IS AT EUR
81.8
MILLION VERSUS EUR 54.1 MILLION AT THE SAME DATE LAST YEAR, A
GROWTH OF +51,2%
    * IN ADDITION TO THOSE 2022 SECURED REVENUE NUMBERS, EVS HAS
EUR
15.5 MILLION OF ORDERS TO BE INVOICED IN 2023 AND BEYOND
(EXCLUDING. BIG EVENT RENTAL), A GROWTH OF 5,4%
    * ORDER INTAKE CONTINUING MOMENTUM OF 2021, WITH A GROWTH IN
CONFIRMED ORDERS OF +29,0% IN THE FIRST 3 MONTHS OF THE YEAR

Source text for Eikon:  ID:nGNE4q9D0X 
Further company coverage:  EVSB.BR 

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