Evs Broadcast Equipment Sa · EURONEXT:EVS
Evs Broadcast Equipment Sa — Q2 2016 Earnings Presentation
16 slides from Evs Broadcast Equipment Sa's earnings presentation, Aug 25, 2016
Slide 1: EVS Broadcast Equipment 2Q 2016 results
EVS Broadcast Equipment 2Q 2016 results August 25, 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 (> 20 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 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 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 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 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 2013 2014 2015 2016 2013 2014 2015 2016 • •
Slide 7: High profitability due to high sales and product mix
2016 High profitability due to high sales and product mix In millions of EUR 2Q16 _2Q15 >» Gross margin: REVENUE 39.8 23.3 + Higher sales Cost of sales (9.0) (7.8) * Product mix Gross margin 30.7 15.5 Gross margin % 77.3% 66.7% > Opex: -3.0% vs 2Q15 S&A 7.4) 7.1) + Closing Chengdu in 2Q15 R&D (5.4)
Slide 8: Strong first half, compared to low 1H15
1H16 Strong first half, compared to low 1H15 In millions of EUR 1H16 _1H15 REVENUE 66.6 47.4 Cost of sales (17.0) (14.7) Gross margin 49.7 32.8 Gross margin % 74.6% 69.1% S&A (13.9) (12.9) R&D (11.3) (12.1) Other revenues 1.0 0.3 EBIT 24.9 74 EBIT MARGIN 37.4% 15.6% Financial result (0.8) 0.3 Taxes
Slide 9: -
- 512 486 485 482 463 471 415 366
Slide 10: Strong balance sheet
10 STRONG BALANCE SHEET EUR 33.3 million cash June Dec. In millions of EUR 2016 2015) ASSETS Goodwill and intangibles 1.6 1.5 > Investments in the new HQ Lands and buildings 47.8 48.1 reflected in: Investments at equity 1.0 0.9 — EUR 47.8 million in Lands and Buildings Inventories 16.3 15.6 . — LT f
Slide 11: Agenda
AGENDA dD 2Q 2016 review [> Outlook ] » Annexes =V&S
Slide 12: Outlook - Order book at August 24, 2016: EUR 41.4 million
12 OUTLOOK - ORDER BOOK AT AUGUST 24, 2016: EUR 41.4 MILLION + 1.2% compared to last even year +12.5% vs last year (-9.6% excl. big event rentals) 48.0 80-85% of EUR 41.4 million order book to be 40.9 “Wb invoiced on 3Q16 35.4 36.8 ™ Order book Includes EUR 8.3 million rentals for big events, tor ev
Slide 13: Outlook
13 OUTLOOK 2016 guidance 2016 revenue is likely to be in the EUR 128-138 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 — Q2-Q3 opex seasonally higher due to
Slide 14: Agenda
14 AGENDA D 2Q 2016 review >» Outlook [> Annexes } =V&S
Slide 15: Corporate Calendar
15 CORPORATE CALENDAR >» Thursday August 25, 2016: 2Q16 results >» September 9-13, 2016: IBC Amsterdam >» Thursday November 10, 2016: 3016 results =V&S
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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