. 2Q09 revenue of EUR 18.7 million, -45.8% vs. 2Q08 (-47.9% at constant exchange rate), but a sequential improvement compared to 4Q08 (+36.8%) and 1Q09 (+4.7%)
. Resilient EBIT margin of 44.3%
. 2Q09 earnings per share of EUR 0.37
. Healthy balance sheet with net cash position of EUR 37.7 million at June 30, 2009
. Summer order book of EUR 23.6 million, underlying improving business trends
Liège (Belgium), August 27, 2009, 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 second quarter ("2Q09") and the first half ("1H09") of 2009.


Key highlights

Pierre L'Hoest, CEO of EVS said: "The last few months have been challenging for the broadcast industry. Lower spending due to project delays, financing issues or lower advertising revenues have impacted a lot of manufacturers in our industry, including EVS. But this summer has seen more discussions with the clients, and the upcoming IBC tradeshow in Amsterdam should confirm this trend. And, as we live in a fast moving industry, it is important that we continued to develop and launch new solutions that will bring the clients to the next level."

Commenting on the results and perspectives, Jacques Galloy, CFO added: "The global economic environment will continue to weigh on our business performance this year. Despite much lower sales, we have managed to control our costs during the downturn, delivering 47.6% EBIT margin over the first six months. Even though we expect a slightly better second half, it is clear that both revenues and profits will be much lower in 2009 than in record year 2008. All our drive is focused on 2010 and beyond."

Corporate Calendar:
September 10-15, 2009 IBC Trade Fair in Amsterdam (NL)
Thursday November 12, 2009 3Q09 earnings
Thursday February 11, 2010 FY09 earnings
Tuesday May 11, 2010 1Q10 earnings
Tuesday May 18, 2010 Combined Ordinary and Extraordinary General Meeting