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EVS Q1 2025 business update
Globenewswire· 2025-05-16 16:30
Core Viewpoint - EVS reports a first quarter of 2025 slightly below expectations due to customer delivery deferrals, but underlying business momentum remains strong with robust customer demand across all regions, supporting confidence in full-year revenue guidance of EUR 195-210 million [1][3][28] Business Performance - Secured revenue for 2025 stands at EUR 125.1 million, an increase of EUR 4.7 million compared to Q1 2024, excluding Big Event Rental revenues [5][28] - EBIT guidance for 2025 is set between EUR 35.0 million and EUR 43.0 million, reflecting ongoing investments in growth strategies [5][30] - Net cash position remains strong at EUR 75.2 million, allowing continued investment in growth despite economic uncertainties [5][30] Market Dynamics - The company is preparing for major sporting events in 2026 while maintaining focus on current customer needs [4] - EVS is actively addressing U.S. tariff discussions to mitigate potential impacts on U.S.-based customers [9][15][26] - The NALA region has shown significant success, reflecting strategic investments in the U.S. market [15] Technological Innovations - Recent product enhancements include the launch of XtraMotion® 3.0 and LSM-VIA® Zoom, improving slow-motion replay capabilities [6][20] - The MediaCeption portfolio is expanding with new solutions like Move I/O and Move UP, generating interest in diverse media workflows [21] Corporate Strategy - The company emphasizes agility in operations to adapt to changing market conditions while executing its growth strategy [15][23] - EVS is committed to enhancing its cybersecurity measures and ESG initiatives, including carbon footprint audits and sustainability reporting [24][25] Shareholder Engagement - A share buyback program completed in April 2025 resulted in the purchase of 303,364 shares, totaling approximately EUR 10 million [27] - The expected dividend distribution for 2025 is EUR 1.20 per share, subject to market conditions and shareholder approval [31]