EVS reports 2009 sales and results

Solid winter order book anticipating a stronger 2010

  * FY09 revenue of EUR 76.6 million, -30.8% vs. FY08 (-25.9% at constant
    exchange rate and excluding the big events rentals), and a continued
    improvement compared to the last three quarters
  * FY09 EBIT margin of 48.7% and earnings per share of EUR 1.88
  * 4Q09 sales of EUR 20.5 million and EPS of EUR 0.69
  * Global winter order book of EUR 27.2 million (+95.9%) as of January 31
  * 2010 supported by major sporting events and large studio projects
  * Expectation of double digit sales growth for 2010



Liège  (Belgium),  February  11, 2010, EVS  Broadcast  Equipment  S.A. (Euronext
Brussels:  EVS.BR, Bloomberg: EVS BB, Reuters: EVSB.BR) (Pinksheets: EVBEF), the
leader in Professional Digital Video applications for live, near-live and studio
TV  production, today reported  its results for  the fourth quarter ("4Q09") and
the full year 2009 ("FY09").


Key highlights

Pierre  L'Hoest, CEO of EVS said: "This year has been a challenging year for the
entire  broadcast industry, including for  EVS. But what I  want to keep in mind
from 2009 is our continued focus on strengthening the organization by hiring new
highly  skilled people,  and our  commitment to  the further  development of our
product  portfolio  in  the  outside  broadcast  market,  but also in the studio
segment.  The recent  contracts in  that matter  (such as  Sky News) reflect the
success  of that strategy.  Our focus in  2010 will stay the same: strengthening
our  position in outside broadcast market  and enlarging our market potential in
the studio segment by concretizing new product developments."

Commenting  on  the  results  and  perspectives,  Jacques Galloy, CFO added: "In
2009, we  have booked EUR 76.6 million sales,  lower by 30.8% compared to 2008.
This  is  however  better  than  expected  early  2009. Tough  market conditions
weighted  on the overall broadcast solutions  industry. Despite lower sales, EVS
yielded EUR 25.4 million net profit. From last summer onwards, we have restarted
recruitment  to accelerate  innovation and  gain momentum.  EVS experiences some
nice  traction  for  orders,  especially  in  the  more competitive segment. XDC
contribution  to EVS results tends towards break-even, also thanks to a EUR 1.3
million  dilution profit  on the  new 41.3% EVS  stake. 2010 shall be a stronger
year also due to big sporting events".


+---------------------+----------------------------------+---------------------+
|     (unaudited)     |IFRS - EUR millions, except       |      (audited)      |
+-----+-----+---------+earnings per share expressed in   +-----+-----+---------+
|4Q09 |4Q08 |4Q09/4Q08|EUR                               |FY09 |FY08 |FY09/FY08|
+-----+-----+---------+----------------------------------+-----+-----+---------+
| 20.5| 13.6|   +50.0%| Revenue                          | 76.6|110.7|   -30.8%|
+-----+-----+---------+----------------------------------+-----+-----+---------+
| 10.6|  4.6|  +127.7%| Operating profit - EBIT          | 37.2| 68.4|   -45.5%|
+-----+-----+---------+----------------------------------+-----+-----+---------+
|51.7%|34.0%|        -| Operating margin - EBIT %        |48.7%|61.8%|        -|
+-----+-----+---------+----------------------------------+-----+-----+---------+
|  0.3|(0.3)|      N/A| Contribution from 47.2% XDC      |(1.7)|(2.4)|   +30.0%|
|     |     |         |affiliate                         |     |     |         |
+-----+-----+---------+----------------------------------+-----+-----+---------+
|  1.3|    -|        -|Dilution profit relating to XDC   |  1.3|    -|        -|
+-----+-----+---------+----------------------------------+-----+-----+---------+
|  9.4|  1.9|      N/A| Net profit - Group share         | 25.4| 45.2|   -43.8%|
+-----+-----+---------+----------------------------------+-----+-----+---------+
|  7.8|  2.2|      N/A| Net profit from operations, excl.| 26.7| 48.4|   -44.7%|
|     |     |         |XDC - Group share( (1))           |     |     |         |
+-----+-----+---------+----------------------------------+-----+-----+---------+
| 0.69| 0.14|      N/A| Basic earnings per share         | 1.88| 3.33|   -43.7%|
+-----+-----+---------+----------------------------------+-----+-----+---------+
| 0.58| 0.17|      N/A| Basic earnings per share from    | 1.97| 3.56|   -44.7%|
|     |     |         |operations, excl. XDC ((1))       |     |     |         |
+-----+-----+---------+----------------------------------+-----+-----+---------+

(1)     The net profit from  operations, excl. XDC, is  the net profit (share of
the  group) excluding non operating items (net of tax) and the XDC contribution.
Refer to Annex 5.3: use of non-gaap financial measures.

Corporate Calendar:
February 12-28, 2010                          Winter Olympics, Vancouver
Thursday April 15, 2010                      Extraordinary General Meeting
April 10-15, 2010                                NAB tradeshow, Las Vegas
Tuesday May 11, 2010                        1Q10 results
Tuesday   May  18, 2010                        Combined  Ordinary  and  Reported
Extraordinary General Meeting
Thursday July 15, 2010                       Trading update on 2Q10 revenue
Thursday August 26, 2010                  2Q10 results


For more information, please contact:
Jacques GALLOY, Director & CFO
Geoffroy d'OULTREMONT, Investor Relations & Corporate Communications Manager
EVS  Broadcast Equipment  S.A., Liege  Science Park,  16 rue du Bois Saint-Jean,
B-4102 Ougrée (Liège), Belgium
Tel:    +32    4 361 70 14.  E-mail:   [e-mail]   <mailto:[e-mail]>;
www.evs-global.com


Forward Looking Statements
This  press  release  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 a  number of risks  and uncertainties that
could  cause actual results  or performance of  the Company to differ materially
from  those  contemplated  in  such  forward-looking statements. These risks and
uncertainties  relate  to  changes  in  technology  and market requirements, the
company's  concentration on  one industry,  decline in  demand for the company's
products  and those of its affiliates, inability to timely develop and introduce
new  technologies,  products  and  applications,  and  loss  of market share and
pressure  on pricing  resulting from  competition which  could cause  the actual
results   or  performance  of  the  company  to  differ  materially  from  those
contemplated in such forward-looking statements. EVS undertakes no obligation to
publicly  release any revisions  to these forward-looking  statements to reflect
events  or circumstances after the  date hereof or to  reflect the occurrence of
unanticipated events.

About EVS Group
EVS  Broadcast  Equipment  designs,  develops  and  markets professional digital
equipment  for Television. The company  employs over 275 persons in 14 countries
and  sells its products to professionals of  the video and audio sectors in more
than  90 countries. EVS  is a  public company  traded on Euronext Brussels: EVS,
ISIN:   BE0003820371.   For   more   information,  refer  to  www.evs-global.com
<

http://www.evs-global.com/>
EVS  Broadcast is the world leader for Live TV Production Digital Disk Recorders
and  Related  Software  Applications,  especially  in  the  field of sports. The
company's  dedicated  hardware  and  software  suite offer a complete production
platform:  live slow  motion (LSM),  high speed  slow motion, replay only, clips
generation,  quick  clips  editing,  real-time  SD/HD video files transfer, time
delay,  multi-camera  recording,  metadata  association,  graphics  storage  and
play-out,  digital transmission, multi-format ingest and play-back, audio record
&  edit, webcasting, mobile phone clipping.  Main software applications like the
"IP  Director®" are  running on  the dedicated  robust and flexible hardware the
"XT[2]®  Platform". The world's  leading broadcasters, such  as NBC, BSkyB, FOX,
RTBF,  RTL, NHK, CANAL+, ABC, ESPN, TF1,  CCTV, PBS, CBS, BBC, ZDF, Channel One,
Channel7, RAI, TVE, NEP, MEDIAPRO, EUROMEDIA, BEXEL, ALFACAM and many others use
EVS' solutions.
EVS 41,3% affiliate XDC is the European leader for Digital Cinema technology and
services in Europe with more than 1,350 committed digital screens in 11 European
countries   (Germany,   Switzerland,  Spain,  Austria,  Portugal,  Belgium,  The
Netherlands, Hungary, Czech Republic, Slovakia and Poland) out of which 50% have
already been deployed





[HUG#1383221]





    Press release in pdf format: 

http://hugin.info/133958/R/1383221/342021.pdf