Evs Broadcast Equipment Sa · EURONEXT:EVS
Evs Broadcast Equipment Sa — Q1 2016 Earnings Presentation
22 slides from Evs Broadcast Equipment Sa's earnings presentation, May 17, 2016
Slide 1: EVS Broadcast Equipment 1Q 2016 results
EVS Broadcast Equipment 1Q 2016 results May 17, 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 (> 10.2016 review >» Business update >» Outlook » Annexes =V&S
Slide 4: 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2013 2014 2015 2016
Slide 5: 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 1Q
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2013 2014 2015 2016 2013 2014 2015 2016 • •
Slide 6: 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 1Q
1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2Q 3Q 4Q 1Q 2013 2014 2015 2016 2013 2014 2015 2016 •
Slide 7: In line with management expectations
1016 In line with management expectations In millions of EUR 1016 1Q15 REVENUE 26.9 24.1 Cost of sales (7.9) (6.9) Gross margin 18.9 17.2 Gross margin % 70.5% 71.4% S&A (6.4) (5.8) R&D (5.8) (6.0) Other revenues 1.0 0.1 EBIT 7.6 5.5 EBIT MARGIN 28.1% 22.7% Financial result (0.8) 1.2 Taxes (1.9) (2.0
Slide 8: -
- 512 486 485 483 463 471 415 366
Slide 9: Strong Balance Sheet
STRONG BALANCE SHEET EUR 29.2 million cash March Dec. In millions of EUR 2016 2015) ASSETS Goodwill and intangibles 15 15 > Investments in the new HQ Lands and buildings 47.8 48.1 reflected in: Investments at equity 0.9 0.9 — EUR 47.8 million in Lands and Buildings Inventories 17.4 15.6 . — LT finan
Slide 10: Agenda
AGENDA > 1Q 2016 review [» Business update >» Outlook » Annexes 10 =V&S
Slide 11: NAB Feedback
NAB FEEDBACK The key drivers for the industry are 4K, IP and multi-platform delivery 2016 Big Broadcast Survey Global Trend Index (commercial importance to end-users business over next 2-3 years] Multi-platform content delivery (broadcast, web, mobile, etc] IP networking & content delivery 4K, UHD °
Slide 12: Multimedia Delivery
MULTIMEDIA DELIVERY 76% of fans follow sports online 51% OF 18-24 YEAR OLDS MULTITASK WHILST WATCHING SPORTS 67% ON MOBILE DEVICES OC) 93% OF FANS FOLLOW SPORTS ON TV Source: EVS survey, 1,585 fans 16% OF FANS FOLLOW SPORTS ONLINE 75% OF 18-24 YEAR OLDS PREFER SMARTPHONES WHEN CONSUMING SPORTS ONLIN
Slide 13: Multimedia Delivery
MULTIMEDIA DELIVERY Growing interest for snackable content NEWS IN TEXT STREAMING OF 55% 39% 35% 22% CONSUME FOLLOW FOLLOW SPORTS WATCHLIVE SOCIAL HIGHLIGHTS TEAMPLAYERI FORMAT GAME/EVENT SPORTS ZZ (~~) = @O—® . eS. YY 3/4 OF 18-24 Y/O FOLLOW SPORTS ON SOCIAL MEDIA Source: EVS survey, 1,585 fans Q)
Slide 14: Adoption of common protocols for the SDI to IP transition
To foster the adoption of common, ubiquitous set of protocols for the broadcast and media industry as it transitions from SDI to IP - Adoption of open standards in the marketplace - Accelerate the education, development, and promotion of solutions - Nurturing the creation and acceleration of new sta
Slide 15: NAB Feedback: Xeebra
NAB FEEDBACK Xeebra » Introducing new referee system — Based ona 2RU server — Homologated by the International Basketball Federation — Very fast review of up to 16 HD synchronized cameras — Pinch and zoom capabilities — Two awards at NAB » Also interest from commentators, coaches, etc
Slide 16: Agenda
16 AGENDA > 1Q 2016 review >» Business update [> Outlook ] » Annexes =V&S
Slide 17: Outlook - Order book at May 10, 2016: EUR 53.8 million
7 OUTLOOK - ORDER BOOK AT MAY 10, 2016: EUR 53.8 MILLION + 19.8% compared to last even year Around 2/3 of EUR 53.8 million order 33.8 book to be recognized in 2Q16 44.9 32.8 Includes the 2016 portion of the NEP contract and EUR 10.8 million rentals 27.4 Order book for big events rentals 44.8 Order b
Slide 18: Outlook: 2016 guidance
18 OUTLOOK 2016 guidance Broadcast industry still in transition — 4K, IP, Cloud are even more hot topics but uptake will take time ~ More clarity on new technologies adoption (AIMS standard for IP transition) 2016 revenue is likely to be in the EUR 120-140 million range [incl. around EUR 11 million
Slide 19: Agenda
19 AGENDA > 1Q 2016 review >» Business update >» Outlook [> Annexes } =V&S
Slide 20: General Meeting
20 GENERAL MEETING D» May 17, 2016 in the EVS headquarter » Total gross dividend of EUR 1.00 (56.8% payout, 3.5% dividend yield) » Mandates of Directors: — Renewal of Michel Counson and Freddy Tacheny — Confirmation of Patrick Tillieux — Appointment of InnoConsult bvba, represented by Martin De Pryc
Slide 21: Corporate Calendar
CORPORATE CALENDAR Tuesday May 17, 2016: Ordinary General Meeting Tuesday May 24, 2016: final dividend - ex-date Wednesday May 25, 2016: final dividend - record-date Thursday May 26, 2016: final dividend - pay-date Thursday August 25, 2016: 2Q16 results Thursday November 10, 2016: 3Q16 results =V&S
Slide 22: Geoffroy d'Oultremont
Geoffroy d’Oultremont VP Investor Relations & Corporate Communications Corpcom [a] evs.com Tel: +32 4 361 70 14
EVS Broadcast Equipment — Q1 2016 Earnings Presentation on 6ix