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