EVS Broadcast Equipment

second quarter 2014 results - Seite 2

Commenting on the results and prospects, Magdalena Baron, CFO, said: "Our performance in the second quarter was fully in line with expectations. Revenue was up by +9.0% compared to 2Q13 (at constant currency and excl. big events), which resulted in higher operating margin (36.2%), despite our continued investments in the future growth, through new hires and our investment in SVS/Dyvi Live. Obviously, we are challenged with the continued weakness of the live production server market, which shows signs of moderate slowdown. As a consequence, we now expect sales in 2014 to grow at low single digit compared to 2013. The operating expenses growth is now expected at 10-13% for 2014, as we continue to carefully manage our costs and selectively invest in the important developments linked to our growth opportunities."

Corporate Calendar:
Friday October 3, 2014: Combined General Meeting
Wednesday November 5, 2014: postponed Extraordinary General Meeting
Tuesday November 18, 2014: 3Q14 earnings

For more information, please contact: Joop JANSSEN, Managing Director & CEO Magdalena BARON, CFO Geoffroy d'OULTREMONT, Vice President  Investor Relations & Corporate Communication EVS Broadcast Equipment S.A., Liege Science Park, 16 rue du Bois Saint-Jean, B-4102 Seraing, Belgium Tel: [phone].  E-mail:[e-mail]; www.evs.com

Forward Looking Statements This press release contains forward-looking statements with respect to the business, financial condition, and results of operations of EVS and its affiliates. These statements are based on the current expectations or beliefs of EVS's management and are subject to a number of risks and uncertainties that could cause actual results or performance of the Company to differ materially from those contemplated in such forward-looking statements. These risks and uncertainties relate to changes in technology and market requirements, the company's concentration on one industry, decline in demand for the company's products and those of its affiliates, inability to timely develop and introduce new technologies, products and applications, and loss of market share and pressure on pricing resulting from competition which could cause the actual results or performance of the company to differ materially from those contemplated in such forward-looking statements. EVS undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.

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