Brief: EVS Confirms EBIT Guidance At High-End Of Eur 32.5-38.5 Mln Range

Evs SA

17/11/2023 05:39

Nov 17 (Reuters) - Evs Broadcast Equipment SA  EVSB.BR :
    * 2023 SECURED REVENUE ALLOWS US TO CONFIRM THAT HIGH-END
RANGE OF
EXISTING REVENUE GUIDANCE IS WITHIN REACH (EUR 160 - 170
MILLION)
    * GROSS MARGIN FOR FULL YEAR 2023 IS EXPECTED TO INCREASE
    * OUR FOCUS IN 2023 IS ON PROFITABLE AND SUSTAINABLE GROWTH,
THIS
BALANCE IS CRITICALLY IMPORTANT
    * WE HAVE SEEN LITTLE CHANGES IN OUR OVERALL HEADCOUNT
POSITION IN
1H23
    * IN LINE WITH EVOLUTION OF REVENUE GUIDANCE, EVS CONFIRMS
THAT
EBIT GUIDANCE IS SHAPING UP TOWARDS HIGH-END OF EXISTING RANGE
(EUR 32.5 - 38.5 MILLION)
    * SINCE 3Q23 WE ARE AGAING INVESTING IN ADDITIONAL TEAM
MEMBERS,
AS TO ENSURE WE PREPARE FOR FUTURE GROWTH
    * THERE WILL BE A MARGINAL INCREASE IN OUR OVERALL HEADCOUNT
POSITION IN 2H 2023
    * HAS DECIDED TO PAY AN INTERIM DIVIDEND OF 0.50 EUR PER
SHARE
    * WE REITERATE FULL YEAR 2023 EXPECTED DIVIDEND DISTRIBUTION
OF
EUR 1.10 PER SHARE
    * IN 4TH QUARTER, WE WILL FOCUS ON PLANNED DELIVERIES FOR
2023 AND
CONTINUE BUILDING FUTURE, WHILE ALSO PREPARING FOR MAJOR SPORT
EVENTS IN 2024
    * ALL ORDER INTAKE SECURED IN FINAL MONTHS OF YEAR WILL
CONTRIBUTE
TO SUPPORT OUR GROWTH IN 2024

Source text for Eikon:  ID:nGNE4GRRBp 
Further company coverage:  EVSB.BR 

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