Revenues of EUR 33.2 million, global order book of EUR 29.8 million
- 3Q10 revenue of EUR 33.2 million, +69.4% vs. 3Q09 (+53.4% excluding the big events rentals and at constant exchange rate), confirming the momentum of the first half of the year
- 3Q10 Outside Broadcast sales up 77.9% vs. 3Q09
- 3Q10 EBIT margin of 55.0% and earnings per share more than doubled to EUR 0.92
- 9M10: revenue up 50.3%, EBIT margin 51.9%
= Studio represents 34.3% of 3Q10 sales and 49.7% of 9M10 sales
- Strong global order book of EUR 29.8 million (+23.1% excl. the big events rentals) at the end of October, incl. EUR 8.4 million to be invoiced in 2011 and beyond
- 2010: sales growth higher than 35% and EBIT margin around 50%
- Increased interim dividend EUR 1.16 to be paid at the end of November
- 2011 should reflect the industry recovery in a year without any major event, but with London 2012 at the horizon, while EVS invests in innovation and expansion

Liège (Belgium), November 18, 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 third quarter ("3Q10") and first nine months of 2010 ("9M10").

Key highlights

Pierre L'Hoest, CEO of EVS said: "The IBC tradeshow in Amsterdam confirmed the slow, but steady, recovery of the broadcast industry. Most of our clients are again looking at the future with more optimism. Advertising revenues are up year on year, production companies see the new technologies as drivers for their future growth. High definition is a strong driver for capturing new clients and new sales. And we keep our focus on the development of new solutions, in an effort to help our clients moving to more creative and more efficient workflows."

Commenting on the results and perspectives, Jacques Galloy, CFO, added: "In this third quarter, sales amounted to EUR 33.2 million (+69.4%), thanks to dynamic business in our different segments. This is the seventh growing consecutive quarter. For 2010, we expect revenues to grow by more than 35%, while the EBIT margin should be around 50%, despite all the investment we have made in people, to prepare our future growth. The global order book of EUR 29.8 million at the end of October makes us looking at 2011 with mixed expectations: this will be an odd year, without any major event (which represented more than EUR 10 million of rentals in 2010), benefiting from the industry recovery, while our company invests in innovation and expansion. Above all, 2011 has the Olympic year 2012 at the horizon."

Corporate Calendar:

Tuesday November 23, 2010 Interim dividend - ex date
Thursday November 25, 2010 Interim dividend - record date
Friday November 26, 2010 Interim dividend - payment date
Thursday February 17, 2011 FY10 earnings