EVS Broadcast Equipment SA (EVSBY) Q4 2024 Earnings Call Transcript

2025-02-19 09:48:52 ET

EVS Broadcast Equipment SA (EVSBY)

Q4 2024 Earnings Conference Call

February 19, 2025, 4:00 AM ET

Company Participants

Serge Van Herck - Chief Executive Officer

Veerle De Wit - Chief Financial Officer

Benoît Quirynen - Senior Vice President, Strategy

Conference Call Participants

Alexander Craeymeersch - Kepler Cheuvreux

Hugo Mas - Sycomore

Maxime Stranart - ING

Tamsin Quayle - Otus

Michael Roeg - Degroof Petercam

Presentation

Serge Van Herck

So good morning. Welcome to our EVS Update on our Fiscal Year 2024. I’m very happy to see all of you here around the table, this team’s goal of today. But before we dive into the material of today, let me do some technical details.

So first, questions can be raised at the end of our call. We will not look at the chat. So please, spare your questions for the end of the call. Raise your hand at that moment in time so that we can give you the microphone, and please mute yourself during this presentation, of course. And I look forward in detail to spend the next one hour and a half with you.

So let’s start here in detail with our update and I’ll give the floor to Veerle to give us an update on where we are regarding a disclaimer.

Veerle De Wit

Thank you, Serge. Allow me to start by mentioning that this presentation next to our 2024 performance also contains some forward-looking statements. These statements are based on our current expectation and management’s belief or assessment of the environment that we operate in.

We do declare that these statements are subject to a number of risks and uncertainties that could lead to materially different statements in the future. We will elaborate on some of these risks during the presentation, but there may also be other risks in the market that could affect our statements that we do not explicitly comment on.

These risks contain potentially technology changes, new market requirements, pricing pressure from competition or anything of that kind. EVS takes no obligation of publicly reviewing the forward-looking statements should these risks materialize.

Serge Van Herck

Thank you, Veerle, for the update on the disclaimer. So what will we be talking about today? Well, of course, we’ll have a look at our business update. Veerle will talk about financial update. We’ll also look into the future with our outlook and then we’ll come to our conclusions. And after that, we will give you the opportunity to ask questions and we’ll try to provide the right answers at that moment in time.

So let us start by our business update. Well, 2024 was, of course, a great year for EVS. You all know that we have been celebrating 30 years of innovation and customer intimacy. And when we look on the next slide, we’re quite happy to see that although we are now 30 years older, we see that over the last four years, we’ve been able to deliver revenue records year-after-year. And indeed, as you can see here, 2024, we are achieving a new record result with a revenue of €198 million. So we’re quite pleased, of course, with such a result, which shows that our PlayForward strategy that we developed in 2019, beginning 2020, is definitely bearing its fruits now for several years in a row and we definitely also have ambition to continue that growth curve....

Read the full article on Seeking Alpha

For further details see: