EVS reported their results for the second quarter of 2009 yesterday.
y/y numbers showed revenue decreases in all geographic regions. Compared to Q208, EVS revenues were as follows:
- 2Q09 sales of EUR 18.7 million, -45.8% vs. 2Q08 (-47.9% at constant exchange rate), but a sequential improvement compared to 4Q08 & 1Q09
- Europe down 49.2%
- Europe down 49.2%
- America down 16.5% (27.2% at constant exchange rate)
But the good news is that the company’s CEO, Pierre L’Hoest, says in the earnings press release that “the discussions that have taken place over the last few months are confirming that the worst is behind us.” Let’s hope so.
To find out more, it’s worth reading their presentation to analysts, which provides some very interesting insights as well as market statistics.