EVS Broadcast Equipment Capital Market Day 2024
On its Capital Market Day 2024, EVS expressed again its ambition to become the number 1 solution provider in the live video industry; targeting a € 350m+ sales ambition by 2030. We welcome that EVS, as a major player, is gaining market share versus competition which are defocussing from premium broadcast. Nevertheless if we add up EVS' expected FY29E revenues from its 3 solutions (LiveCeption, MediaCeption, MediaInfra) we not only land below the FY29E number in our model (€ 260m+ versus our € 220m) but also somewhat below their own target. EVS expect that next to the organic growth from market and gaining market share should and could come from new acquisitions to support this growth.Although we will remain somewhat prudent on the top-line, we will update our model after EVS clear guidance on its projected profitability. EVS indicated that profit margins could be modelled to remain stable and future EBIT margins could be modelled around 22-23% (with -to our surprise- hardly any impact of even versus uneven years).
EVS Broadcasting Equipment is engaged in the development and marketing of audiovisual equipment relating to the processing of pictures and sound. Co. provides solutions based on tapeless workflows with a consistent modular architecture. Co.'s activities are divided into the following regions: Asia-Pacific, Europe, Middle East and Africa, and America.
We are a financial services provider for several types of professional clients, each with distinct needs.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.