Brief: EVS Broadcast Equipment Q1 net profit (group share) down 26.9 pct to EUR 3.6 mln

Evs SA

11/05/2017 05:44

May 11 (Reuters) - EVS BROADCAST EQUIPMENT SA  EVSB.BR : 
    * Q1 NET PROFIT (GROUP SHARE) EUR 3.6 MILLION ($3.9 MILLION), DOWN 26.9 PCT 
    * Q1 EBIT EUR 4.9 MILLION, DOWN 34.8 PCT 
    * Q1 REVENUE EUR 24.5 MILLION, DOWN 8.7 PCT 
    * SEES REVENUE TO BE IN EUR 115 MILLION TO EUR 130 MILLION RANGE IN 2017 
    * SEES ORDER BOOK OF EUR 35.5 MILLION ON MAY 10, 2017 (TO BE INVOICED IN 2017) +33.1 PCT  
VERSUS LAST UNEVEN YEAR, EXCLUDING BIG EVENT RENTALS 
    * ADDITIONAL EUR 18.5 MILLION ORDERS TO BE INVOICED IN 2018 AND BEYOND, INCLUDING EUR 8.2 
MILLION OF BIG EVENTS RENTALS 
    * OPEX ARE EXPECTED TO GROW MODERATELY IN 2017 
 
Source text for Eikon:  ID:nGNE25WYly  
Further company coverage:  EVSB.BR  
 
($1 = 0.9199 euros) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;))