EVS Broadcast Equipment Reports Strong Growth in H1 2024
Company Announcements

EVS Broadcast Equipment Reports Strong Growth in H1 2024

EVS Broadcast Equipment (GB:0N9Z) has released an update.

EVS Broadcast Equipment has reported a first-half 2024 revenue increase of 12.2%, reaching 98.1 million euros, with a net profit of 21.8 million euros. The company attributes its growth to the successful execution of its PlayForward strategy, expansion in the Live Audience Business, and Big Event Rental activities, along with the adoption of its generative AI solutions in broadcasting. EVS’s strong financial performance and optimistic outlook are bolstered by a solid pipeline and recent strategic acquisitions, indicating potential for another record year.

For further insights into GB:0N9Z stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks European Auto-Generated NewsdeskEVS Broadcast Equipment Anticipates Record Growth in 2024
TipRanks European Auto-Generated NewsdeskEVS Invests in TinkerList to Revolutionize Live Production
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App