EVS Broadcast Equipment reports 2020 results
Regulated information - Press release annual results
EVS Broadcast Equipment S.A.: Euronext Brussels (EVS.BR), Bloomberg (EVS BB), Reuters (EVSB.BR)
EVS reports 2020 results
Delivering profitability despite the impact of the pandemic, prepared to grow revenues and emerge stronger in 2021 thanks to a strong order book
FY20 performance
Operating expense increasing only 1.9% YoY despite the Axon acquisition on May 1
st 2020
Net profit of EUR 7.2 million (-63.4% compared to FY19 mainly due to lower revenue levels)
Order intake 2020: -3% YoY (excl Big Event Rentals and including Axon), supported by a strong order intake in 4Q 2020.