- The Board proposes a total dividend of EUR 2.64 per share
- FY10 record revenue of EUR 111.2 million, +45.2% vs. FY09 (+30.6% excluding the big events rentals and at constant exchange rate)
- FY10 EBIT margin of 50.0% and strong EPS +47.5% growth to EUR 2.94
- 4Q10: revenue up 31.3%, net result of EUR 8.2 million
- Successful studio diversification represents 50% of FY10 and 4Q10 sales
- Global order book of EUR 25.2 million (+8.3% excl. the big events rentals) at February 15, 2011
- 2010 Gross dividend of EUR 2.64 per share (incl. the interim dividend of EUR 1.16)
- 2011 prepares for stronger 2012 as industry recovers, diversification accelerates, London2012 tracts, while investing in innovation and expansion

Liège (Belgium), February 17, 2011, 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 fourth quarter ("4Q10") and 2010 ("FY10").

Key highlights
Pierre L'Hoest, CEO of EVS said: "In an environment where we saw some signs of industry recovery, mainly driven by stronger revenues for broadcasters, mixed with a need to optimize the use of existing equipments, we have been able to realize a strong performance in 2010. The crisis has reinforced the need for clients to optimize the way their workflows are designed. High definition will continue to be a strong driver for the years to come. In 2011, our focus will not change: invest in innovation, to make sure that we are able to answer to lots of different customer needs in studio, and continue to expand our operations to support the development of the company."

Commenting on the results and perspectives, Jacques Galloy, CFO, added: "In this fourth quarter, sales amounted to EUR 26.9 million (+31.3%), leading to a record year in 2010 (+45.2% to EUR 111.2 million), higher than the company guidance. EBIT margin for FY10 was slightly higher than 2009, at 50.0% of sales, in line with our guidance. For 2011, we expect to leverage on the industry recovery, and on the main drivers that remain valid. This will be an odd year, without any major event (which represented more than EUR 10 million of rentals in 2010). We are strongly investing in expansion in new niches and innovation in new solutions, having grown our headcount by 33% over the last year. Of course, this weights on our short term margins, as we do not capitalize R&D, but hopefully paves the way for future better ones, like over 2002-2005 period. Ongoing diversification, London2012 traction and future big sporting events in emerging markets will constitute other drivers for us in the future."

Corporate Calendar:
April 9-14, 2011 NAB tradeshow, Las Vegas
Thursday May 12, 2011 1Q11 earnings
Tuesday May 17, 2011 Ordinary General Meeting
Thursday May 26, 2011 Final Dividend Ex-date Coupon 12
Wednesday June 1, 2011 Final Dividend Payment date Coupon
Thursday August 25, 2011 2Q11 earnings
Thursday November 10, 2011 3Q11 earnings