EVS Broadcast Equipment reported record first-half revenue of EUR 107.2 million for 2026, a 70% increase on an adjusted basis compared with the same period last year. The Belgian-based provider of live production and broadcast solutions posted net profit of EUR 16.5 million, up 24% year-over-year, and EBIT of EUR 15.6 million, a 5.6% rise.
Adjusted for acquisitions and currency effects, base revenue grew 1% to EUR 92.6 million. Gross profit rose 10% but gross margin contracted by 4 percentage points due to foreign exchange headwinds, lower-margin trade-in deals and the dilutive impact of T-Motion sales, which totaled EUR 5.9 million in the period. Operating cash flow improved by EUR 16 million to EUR 13 million.
Order intake declined 18% overall, with a 90% drop in the Middle East and an 18% decline excluding Big Event Rental. The commercial pipeline expanded by 20.5% since year-end 2025, with North America accounting for 51% of the increase. Recurring and repeat-client revenues together represented 65% of H1 sales, while new or relaunched clients contributed 9%.
The company maintained its full-year 2026 guidance, targeting revenue of EUR 220-240 million and EBIT of EUR 40-50 million. Management confirmed a dividend would be paid and reiterated a long-term revenue ambition of EUR 350 million by 2030, excluding the new LVS defense initiative. Analysts project 11% revenue growth for fiscal 2026.
Shares of EVS traded at $8.35, unchanged from the prior session, leaving the stock 2.8% above its 52-week low and 36.2% below its peak. The company holds a P/E ratio of 10.66 and a gross profit margin of 70.75% over the last twelve months, with a return on equity of 17%.
