Evs Broadcast Equipment Sa · EURONEXT:EVS
Evs Broadcast Equipment Sa — H1 2023 Earnings Presentation
33 slides from Evs Broadcast Equipment Sa's earnings presentation, Aug 18, 2023
Slide 1: 2023 Half-Year results
2023 Half-Year results Corporate communication August 18th, 2023 → evs.com 2023 HY Results Aug. 18th, 2023
Slide 2: Disclaimer
Disclaimer Forward Looking Statements This presentation contains forward-looking statements with respect to the business, financial condition, and results of operations of EVS and its affiliates. These statements are based on the current expectations or beliefs of EVS's management and are subject to
Slide 3: Agenda
Agenda 1. Business Update 2. Financial Update 3. Outlook 4. Conclusions 5. Questions & Answers The content of this presentation is proprietary, confidential and solely for the use of the intended recipients. It may not be reproduced or distributed, in whole or in part, to any third party without the
Slide 4: Agenda: Business Update
Agenda 1. Business Update 2. Financial Update 3. Outlook 4. Conclusions 5. Questions & Answers The content of this presentation is proprietary, confidential and solely for the use of the intended recipients. It may not be reproduced or distributed, in whole or in part, to any third party without the
Slide 5: 2023 HY corporate highlights
2023 HY corporate highlights Progress on our PLAYForward strategy Market & customers Corporate topics ▪ Record results for revenues ▪ ESG strategy delivers clear results & recognition ▪ Strong order intake ▪ Corporate transformation projects on track ▪ Strong profitability results ▪ Channels strateg
Slide 6: 1H 2023 Financial Highlights
1H 2023 Financial Highlights Strong financial performance underpinning the profitable and sustainable growth trajectory 1H2023 Unit Value YOY Revenue Mio€ 87,4 +29,1% EBIT Mio€ 25,0 +58,6% Net profit Mio€ 21,2 +36,8% Order book Mio€ 132,7 +5,0% Team members at June 30th FTE 607 +13 2023 HY Results A
Slide 7: Our 2030 target
2030 TARGET OUR BECOME THE PROVIDER IN 2023 HY Results Aug. 18th, 2023
Slide 8: EVS Evolution Journey
EVS Evolution Journey Last 12 months evolution & actions ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ 2023 HY Results Aug. 18th, 2023 ✓ ✓
Slide 9: EVS Solutions
EVS Solutions Designed to solve the problems faced by our customers IP networking & content delivery Multi-platform content delivery (OTT, web, mobile…) 4K/UHD Remote production (REMI) Improvements in video compression efficiency Move to automated workflows Cloud computing / Virtualization Artificia
Slide 10: EVS business perspective
EVS business perspective Correlation to the volume of premium live productions Global value of Media Rights 2018 to 2025 ($M) 65 61 Whatever the way live content is distributed, 60 Whatever the business model, 54 55 Whatever the business player, 51 the value of live content only increases! 50 45 BIG
Slide 11: Big Events 2024
BIG EVENTS 2024 Powered by EVS EVS strengthens its position to provide the solution and related services to support the live production of the major 2024 sport events. EVS is broadening the scope thanks to Media Infrastructure equipment. With remote production and increased complexity, we provide an
Slide 12: Combining products to create the perfect solutions
Combining products to create the perfect solutions LiveCeption MediaCeption MediaInfra Live production, replays and Production asset Routing and infrastructure highlights solutions that management solutions for solutions to control and elevate the fan experience fast and easy content process all med
Slide 13: From Opportunistic to Sustainable partnership
From Opportunistic to Sustainable partnership The transition bears first fruits, especially in the US with Media Infrastructure 2023 HY Results Aug. 18th, 2023
Slide 14: NAB Show
NAB Show Feedback • Customers understand and follow EVS’ strategy enabling many conversations about future concrete projects • Large attendance from NALA clients • Significantly increased interest from Channel partners • AI based XTRAMOTION Best-of-Show award confirming Balanced computing concept as
Slide 15: Components & Inflation
Components & Inflation Continuously monitoring the situation EVS tightly manages the inventory of electronic EVS closely follows macro-economics, such as components to ensure the delivery of its products & salary inflation and continued price increase of solutions with reliable delivery times electr
Slide 16: ESG
ESG EVS further increases its ESG efforts, and receives external recognition EVS objectives: • Focus on increasing customer satisfaction • Focus on team members engagement • Reduce carbon footprint • Responsibly sourced components, products and services • Increased social engagement with local commu
Slide 17: 2023 HY Results Aug. 18th, 2023
2023 HY Results Aug. 18th, 2023
Slide 18: Agenda: Financial Update
Agenda 1. Business Update 2. Financial Update 3. Outlook 4. Conclusions 5. Questions & Answers The content of this presentation is proprietary, confidential and solely for the use of the intended recipients. It may not be reproduced or distributed, in whole or in part, to any third party without the
Slide 19: 1H 2023 Topline Performance
1H 2023 Topline Performance Strong topline performance demonstrating our growth path Order intake Revenue Order book* 132,9 88,7 87,4 84,0 75,6 67,7 90,9 61,8 44,9 67,8 39,5 45,8 1H 20 1H 21 1H 22 1H 23 1H 20 1H 21 1H 22 1H 23 1H 20 1H 21 1H 22 1H 23 84,0M (-5,3%) 87,4M (+29,1%) 132,9M (+46,2%) Reve
Slide 20: 1H 2023 Revenue Analysis
1H 2023 Revenue Analysis Strong performance with sound spread by market pillar and region Evolution Revenue by Pillar Geographical split 100,0 100,0 0% 0% 90,0 90,0 80,0 80,0 19% 70,0 8% 70,0 8% 7% 56% 7% 60,0 60,0 11% 15% 33% 50,0 50,0 3% 3% 40,0 43% 53% 40,0 26% 19% 38% 30,0 41% 30,0 33% 20,0 44%
Slide 21: 1H 2023 Profitability
1H 2023 Profitability Profitability boosted by strong revenue and margin performance Gross Margin Operating Expenses* EBIT 25,0 15,4 15,7 70,1% 36,3 30,1 68,9% 24,6 68,2% 21,5 67,7% 3,3 1H 20 1H 21 1H 22 1H 23 1H 20 1H 21 1H 22 1H 23 1H 20 1H 21 1H 22 1H 23 70,1% (+2,4Pts) 36,3M (+20,6%) 25M (+58,6%
Slide 22: 1H 2023 Financial Health
1H 2023 Financial Health Balance sheet remains strong Fully Diluted EPS Net Cash Position* Trade Receivable 44,2 1,52 41,8 87,4 35,9 Sales 1,15 1,15 33,5 67,7 61,8 61 39,6 45 39 30 0,24 1H 20 1H 21 1H 22 1H 23 1H 20 1H 21 1H 22 1H 23 1H 20 1H 21 1H 22 1H 23 1,52 EUR (+32%) 35,9M (-8,3M) 60,8M (+16,1
Slide 23: 1H 2023 Intangible assets
1H 2023 Intangible assets Investments in line with budgeted spend and timeline In 2022, EVS launched the internal development of 2 internal projects. Both projects evolve in line with projected timing and budget. 2022 FY 2023 H1 IAS 38 – 2 projects 7,5M 2,9M • The developments are followed on a regu
Slide 24: Agenda: Outlook
Agenda 1. Business Update 2. Financial Update 3. Outlook 4. Conclusions 5. Questions & Answers The content of this presentation is proprietary, confidential and solely for the use of the intended recipients. It may not be reproduced or distributed, in whole or in part, to any third party without the
Slide 25: FY 2023 Outlook and Guidance
FY 2023 Outlook and Guidance Sustainable and profitable growth • The secured revenue for 2023 is at EUR 158,7 million at the end of June, confirming our growth ambition for the year 2023. • Based on the secured revenue at end of June 2023, the revenue guidance for the full year is upgraded from EUR
Slide 26: FY 2023 Dividend proposal
FY 2023 Dividend proposal Continuation of existing dividend policy • EVS proposes an overall dividend for the year 2023 at EUR 1,10 per share*, consistent with the announcement made in 2022 • In November 2023, an interim dividend of EUR 0,55 per share will be distributed • Remaining EUR 0,55 per sha
Slide 27: Agenda: Conclusions
Agenda 1. Business Update 2. Financial Update 3. Outlook 4. Conclusions 5. Questions & Answers The content of this presentation is proprietary, confidential and solely for the use of the intended recipients. It may not be reproduced or distributed, in whole or in part, to any third party without the
Slide 28: Key learnings
6 key learnings Consistent with last years The industry keeps on Big tech provider are Infra is the cornerstone consolidating on the place of big changes Business models Cloud is just EVS are shifting one of the enablers is on a good track 2023 HY Results Aug. 18th, 2023
Slide 29: Next focus
Next focus Key activities for 2023 • Deliver the large multi-years modernization projects that we have won • Help our customers still using previous versions of XT replay servers to transition before the end of support. • Leverage the new solutions to continue the increase of order book • Continue t
Slide 30: Conclusions
Conclusions Our objective to reach sustainable and profitable growth for 2023 becomes reality • EVS PLAYForward strategy is generating the expected sustainable and profitable growth • Limited further investments are planned in our cost structure and focus in 2023 will remain on cost control based on
Slide 31: Questions & Answers
Questions & Answers 2023 Master Slide HY Results title Aug. 18th, 2023 2023
Slide 32: Thank you!
Thank you! → evs.com 2023 HY Results Aug. 18th, 2023
Slide 33: 2023 HY Results Aug. 18th, 2023
2023 HY Results Aug. 18th, 2023
EVS Broadcast Equipment — H1 2023 Earnings Presentation on 6ix