EVS Annual Review 2012 EVS ANNUAL REVIEW 2012 Evs in a Nutshell
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EVS ANNUAL REVIEW 2012 EVS ANNUAL REVIEW 2012 EVS IN A NUTSHELL More details on our figures on page 20 or www.evs.com DIVIDEND, REIMBURSEMENT AND treasury SHARES buyback REVENUE (EUR MILLIONS) NET profit (EUR MILLIONS) (EUR, PER SHARE) 140 50 3.0 120 40 2.5 100 2.0 80 30 1.5 60 20 1.0 40 10 20 0.5 CONTENTS 0 0 0 03 04 05 06 07 08 09 10 11 12 03 04 05 06 07 08 09 10 11 12 03 04 05 06 07 08 09 10 11 12 1 Our mission Our values SPLIT OF 2012 REVENUE (STUDIO SPLIT OF 2012 REVENUE BREAKDOWN OF staff AND OUTSIDE broadcast (Sport AND Entertainment/ by department (AS OF 2 Editorial production) (%) NEWS/MEDIA) (%) 31 DECEMBER) (%) 4 2012 highlights 7.3 9.3 6 Our solutions 25.2 8 EVS Sports 45.9 54.1 67.5 25.3 50.1 10 EVS Entertainment, News & Media 15.3 12 Our key products 14 Our corporate Outside broadcast Sport Research & Development social responsibility Studio ENM Assembling professional services Big Events Sales & Marketing 16 dcinex Corporate Services 17 Shareholders’ information 29% 463 SALES INCREASE IN 2012 STAFF IN 16 coUNTRIES EVS IN A NUTSHELL OUR MISSION To provide our customers with technology to enable the production of live, enriched video programming – allowing them to be more efficient and to make more money. OUR VALUES We are a trusted partner for our customers We deliver reliable quality solutions that work We focus and are technology experts in the areas we serve We deliver practical innovations that help our customers succeed We have integrity in everything we do We have a real passion for what we do We take it personally 1 EVS ANNUAL REVIEW 2012 A RECORD YEAR, A NEW strATEGY Pierre Rion, Chairman of the Board of Directors Joop Janssen, CEO & Managing Director Our company is entering a new phase in its history. After a record year in 2012 (turnover of EUR 138 million), EVS launched its new 4 market strategy with a Rio 2016 horizon. Sports, Entertainment, News and the Media are now the four pillars of EVS. 2 EDITORIAL 2012, A record YEAR A NEW groWTH strategy ambition. We know that the quality With a growth of 29%, EVS’ sales At the end of 2012, following the and commitment of our teams reached a new record of 137.9 million arrival of our new CEO Joop Janssen, across the world are essential for our EUR in 2012. The company achieved we undertook a detailed review of our customers, and we are very grateful this result by relying on a solid strategy. This has resulted in a new to them. The relationship of trust competitive position, the positive approach, based on four key markets: that we have with our customers, dynamics generated by the major Sports, Entertainment, News and the suppliers and shareholders are sporting events of last summer and Media. This new strategy will enable essential cornerstones of our the significant demand for our HD us to differentiate ourselves even company. solutions. We are very happy with further and take full advantage of the the increase of our market share in structural engines for growth that It is together, with all the activities that are not sport-related, drive the television industry. stakeholders, that we wish to write and all of this in a macro-economic the future of EVS. environment which has remained To support this approach, we have uncertain. These higher sales, with also reviewed the internal structure costs under control, have resulted of the company, strengthened the in an increased operating margin of Executive Committee and introduced 44.4% of turnover. a divisional structure aligned with our four target markets. A DIVIDEND YIELD OF 6.6% Taking into account the financial Finally, it is with a new visual identity robustness of the company, its that we present ourselves to our confidence in the future growth customers today in order to reflect all prospects and also the significant these changes. investment agreed for the construction of the new operating 2013, A YEAR OF transformation headquarters in Liège, the Board of 2013 is emerging as a year of Directors will propose to the Ordinary transformation for EVS, with the General Meeting the distribution of a necessary adaptation time for setting total gross dividend of EUR 2.64 per up the division-based structure and share (including the interim dividend activities which will not receive rental of EUR 1.16 distributed in November income linked to the large-scale 2012), an increase of 11.9% compared sporting events. with 2011. This represents a payout ratio of 79.8%. We look to the future with great confidence. We believe that we are well positioned to achieve our new 44.4% OPERATING MARGIN Find out more online EUR 2.64 www.evs.com TOTAL GROSS DIVIDEND 3 EVS ANNUAL REVIEW 2012 2012 HIGHLIGHTS 02/2012 – Monaco 04/2012 – The Audiovisual Archives of the UNITED States Principality of Monaco selects Top US broadcaster Turner MediArchive Director, EVS’ Sports selects EVS solutions asset management solution, for to provide a centralized ingest the digitization and showcasing and playout workflow for its of up to 8,000 hours of video live sports and webcast events. archives. EVS supplies XS and XT3 video production servers, among 03/2012 – Japan other tools, to enable constant SKY Perfect JSAT, the recording and a fail-safe Japanese-based broadcasting workflow. network that owns the rights of the Japanese Football League, 05/2012 – China J.League, chooses Epsio Live EVS equips Beijing Television’s control systems to create virtual new 3D outside broadcast graphics during live operations (OB) unit with XT3 servers as and insert them instantly during well as IPDirector and XFile a live match broadcast. software. The truck is designed as a general purpose unit but 07/2012 - UK 04/2012 – will primarily be used for sport Products production, in both 2D and 3D. At the NAB tradeshow in Las Vegas, EVS announces native support for Sony XDCAM 422 50Mbps HD codec in its flagship 02/2012 - Monaco XT3 and XS suite of live and near-live broadcast production servers. This new module in the XT3 platform will be delivered to the market as from the first 06/2012 - australia half of 2013. At the tradeshow, EVS also announces the launch of the XSnano server, an ideal alternative to VTR and obsolete digital recorder offering the 05/2012 - CHINA unique EVS loop recording with Gigabit networking capability and dedicated to studio production operations under 06/2012 – France 06/2012 – third-party systems control. beIN Sport, a French premium Australia 06/2012 – network of sports channels Channel Nine, one of POLAND & 04/2012 – operated by Qatar-based Australia’s largest and most UKRAINE broadcaster Al Jazeera, goes UNITED States popular television channels, EVS technologies are at the Video Equipment Rentals (VER), on air with workflows heavily chooses EVS to provide a heart of the 2012 European a leading broadcast equipment relying on EVS technologies. complementary integrated Soccer championships in rental company, signs a major playout infrastructure to Poland and Ukraine. More than deal with EVS which includes 06/2012 – Japan their existing playout system 100 servers are deployed in the 20 EVS XT3 six-channel Dentsu, a Japanese media based on Harris Media Spy stadiums and the International servers, underscoring VER’s company and one of the world’s integration. Based on EVS Broadcast Center to capture commitment to offer the most largest advertising agencies, XT series servers, the new and spread all the images from up-to-date high performance selects C-Cast to power its system is used for fast and the 31 games. In addition to broadcast solutions to meet the second screen application, highly reliable playout control this, most of the TV stations needs of broadcasters across VOLLEYBALL EyeSurround. of promos, commercials, broadcasting the events the USA, Canada and Europe. breaking news, and sports worldwide also rely on EVS highlights. technologies for that event. 4 2012 HIGHLIGHTS 07/2012 – BraZil 09/2012 – 09/2012 – France Brazil’s largest broadcaster, Rede Globo, invests in EVS solutions Corporate Canal+ kicks off the new season for its HD studios in São Paulo and Brasilia. Globo also chooses EVS Joop Janssen joins EVS as with Canal Football application, solutions to equip its new HD truck, based in Rio de Janeiro. the new CEO. He brings more using EVS C-Cast solution. The than 25 years of experience new application is the first of in the broadcast industry and its kind providing up-to-the- will help EVS to prepare the minute statistics, multicam company for the future. video clips of all the highlights and bonus materials is such 06/2012 - POLAND-UKRAINE 09/2012 – as Super Slow Motion action Products replays in full length. At the IBC in Amsterdam, EVS announces the full integration 10/2012 – India of its production servers with Indian television network, Adobe Premiere Pro CS6 Captain News, deploys EVS software video editing suites. solutions for its entire news production set up. Captain News chooses the integrated EVS system for ingest, 06/2012 - france production and playout. 09/2012 - FRANCE 11/2012 – BraZil Sistema Clube invests in 4 XT3 servers and other applications and storage solutions for its the new truck dedicated to cover sporting events and concerts, as well as preparing the major sporting events taking place in Brazil in 2014 and 2016. 12/2012 – 09/2012 - UNITED States UNITED ARAB Emirates NEP announces a multiyear agreement with EVS, naming the company a preferred 07/2012 – supplier of tapeless workflow Singapore solutions and components for Asia’s biggest sports content mobile units across all NEP provider and long-standing global brands, as well as all customer ESPN STAR Sports NEP studios and control rooms.