Evs Broadcast Equipment Sa · EURONEXT:EVS
Evs Broadcast Equipment Sa — Q3 2016 Earnings Presentation
16 slides from Evs Broadcast Equipment Sa's earnings presentation, Nov 10, 2016
Slide 1: EVS Broadcast Equipment 3Q 2016 results
EVS Broadcast Equipment 3Q 2016 results November 10, 2016 Muriel DE LATHOUWER, Managing Director, CEO \ Yvan ABSIL, SVP, CFO — Geoffroy d’'OULTREMONT, VP Investor Relations and Corporate Communication — www.evs.com EVE
Slide 2: Forward Looking Information
FORWARD LOOKING INFORMATION The statements made in this presentation that are not historical facts contain forward-looking information that involves risks and uncertainties. All statements, other than statements of historical fact, which address EVS Group's [“EVS”, “the Group” or the “Company”) expe
Slide 3: Agenda
AGENDA (> 30 2016 review ] >» Outlook » Annexes =V&
Slide 4: 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 2012 2013 2014 2015 2016
Slide 5: 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 2013 2014 2015 2016 2013 2014 2015 2016 • •
Slide 6: 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 2013 2014 2015 2016 2013 2014 2015 2016 • •
Slide 7: High profitability due to high sales and product mix
3016 High profitability due to high sales and product mix In millions of EUR 3Q16 3Q15 REVENUE 37.1 28.2 Cost of sales (8.8) (8.5) Gross margin 28.3 19.8 Gross margin % 76.3% 70.0% S&A (7.2) (6.6) R&D (6.2) (5.8) EBIT 14.8 7.2 EBIT MARGIN 39.7% 25.6% Financial result (0.1) (0.2) Taxes (4.2) (2.3) NE
Slide 8: Strong 9M16, supported by product mix
9M16 Strong 9M16, supported by product mix In millions of EUR 9M16 _9M15 REVENUE 103.8 75.6 Cost of sales (25.8) (23.1) Gross margin 78.0 52.5 Gross margin % 75.2% 69.4% S&A (21.1) (19.5) R&D (17.5) (17.9) Other revenues 1.1 0.2 EBIT 39.7 14.6 EBIT MARGIN 38.3% 19.3% Financial result (0.9) 0.1 Taxes
Slide 9: FTE evolution
FTE EVOLUTION 482 FTE at the end of September 2016 aa ee_____itié._._._._._....4g D -1 FTE vs 31/12/2015 D Average 482 FTE in 9M16 [-4.0% vs 9M15) D 15-20 open positions as of October 31 Headcount evolution (FTE) 550 500 486 485 482 463 “ as Headcount 9/2016 (FTE) 400 66 . 7 | Il nap ; o 300 De Mai
Slide 10: Strong balance sheet
10 STRONG BALANCE SHEET EUR 50.2 million cash Sept Dec. In millions of EUR 2016 2015 ASSETS . Goodwill and intangibles 15 1.5» Healthy balance sheet, with a net Lands and buildings 47.1 48.1 cash position of EUR 30.6 million: Investments at equity 1.0 0.9 EUR 50.2 million in cash & cash equivalents
Slide 11: Agenda
AGENDA D 3Q 2016 review [> Outlook ] » Annexes =V&S
Slide 12: Outlook - Order book at Oct. 31, 2016: EUR 16.2 million
12 OUTLOOK - ORDER BOOK AT OCT. 31, 2016: EUR 16.2 MILLION -14.3% compared to last even year » Total order book (excl. big events): EUR 37.8 million ~ -9.4% vs 2015 +40.7% vs 2014 and +10.2% vs 2012 (last event years] » For 2016: EUR 16.2 million ™Big event rentals (Y+1) . 23.8 m Order book (Y+1) As
Slide 13: Outlook
OUTLOOK 2016 guidance D 2016 revenue is likely to be in the EUR 128-134 million range (incl. around EUR 12 million of big event rentals) » Opex is expected to be stable or slightly higher vs 2015 — Continued disciplined opex management ~ Limited currency effect 13 =V&S
Slide 14: Agenda
14 AGENDA D 3Q 2016 review >» Outlook [> Annexes } =V&S
Slide 15: Corporate calendar
CORPORATE CALENDAR » Interim dividend: — Tuesday November 22, 2016: ex-date — Wednesday November 23, 2016: record date — Thursday November 24, 2016: payment date » 2017 — Thursday February 16, 2017: FY16 results ~ Thursday May 11, 2017: 1Q17 results ~— Tuesday May 16, 2017: Ordinary General Meeting
Slide 16: Geoffroy d'Oultremont
Geoffroy d’Oultremont VP Investor Relations & Corporate Communications Corpcom [a] evs.com Tel: +32 4 361 70 14
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