• news.cision.com/
  • Vizrt/
  • Vizrt Capital Markets Day 2014 – Management raises its mid to long-term organic performance targets

Vizrt Capital Markets Day 2014 – Management raises its mid to long-term organic performance targets

Report this content

Amsterdam, 12 September 2014, Vizrt Ltd. (Oslo Main List: VIZ).

Today, Vizrt hosts its Capital Markets Day in Amsterdam to kick of the company’s major presence at the broadcast industry’s largest and most influential trade show in Europe: IBC 2014.

Attached with this release and on our website (www.vizrt.com) you will find an overview of the presentations that will be given during the day.

Please pay attention to the following important points of interest:

  • Management raises its mid to long-term organic performance targets. The new revenue growth rate target is at least 15% (formerly ≥ 13%) and the new EBITDA margin target is ≈ 24% (formerly ≈ 22%).
  • Management reiterates its annual revenue growth rate target of 15%-18% on a full year basis.
  • Vizrt launches a new compact control room solution: Viz Opus. Sky Deutschland is the first customer to fully implement the Company’s new completely integrated, stand-alone compact broadcast control system.
  • Vizrt launches Viz Multiplay: the new system enables broadcasters to control an unlimited amount of studio screen content from an intuitive touch interface.
  • Vizrt will show real-time 4K virtual graphics during a live broadcast in collaboration with Ncam and Red Digital Cinema.
  • Vizrt will introduce a new and unique real-time sports tracking technology that instantly adds graphics to players on the field. The new product is integrated with our industry-leading sports analysis tool, Viz Libero.

“We are extremely well positioned in the global broadcast technology sector. The industry landscape is evolving incredibly fast, and we are a key player enabling this change. Not only does our product offering match the most demanding customer expectations today, our technology and solutions are positioned to meet future demands as well, future proofing our customers’ investments. We have a major presence at IBC this year. Hosting our annual capital markets day to coincide with the event offers all participants a unique opportunity to see us in action and get an overview of the market we operate in”, says Martin Burkhalter, CEO of Vizrt.

Visit Vizrt at IBC 2014:

Hall 7, booth A10.

 

Investor and media contact:

Martin Burkhalter / CEO / +41 22 365 75 01 / MBurkhalter@vizrt.com

Tomer Wald / CFO / +44 20 3289 6415 / TWald@vizrt.com

Frank Schwarz / Schwarz Financial Communication / +49 611 1745 398 11 / schwarz@schwarzfinancial.com

 

About Vizrt:

Vizrt provides real-time 3D graphics, studio automation, sports analysis and asset management tools for the broadcast industry - interactive and virtual solutions, animations, maps, weather, video editing and compositing tools. Vizrt's products are used by the world's leading broadcasters, including: CNN, CBS, Fox, the BBC, BSkyB, Al Jazeera, ITN, ZDF, Star TV, Network 18, TV Today, CCTV, and NHK. Furthermore, many world-class production houses and corporate institutions such as the Stock Exchanges in New York and London use Vizrt systems.

Vizrt is a public company traded on the Oslo Main List: VIZ, ISIN: IL0010838154. For further information please refer to www.vizrt.com

Copyright © Vizrt. All rights reserved. This press release contains forward-looking statements with respect to the business, financial condition and results of operations of Vizrt and its affiliates. These statements are based on the current expectations or beliefs of Vizrt's management and are subject to a number of risks and uncertainties that could cause actual results or performance of the Company to differ materially from those contemplated in such forward-looking statements. These risks and uncertainties relate to changes in technology and market requirements, the company’s concentration on one industry, decline in demand for the company’s products and those of its affiliates, inability to timely develop and introduce new technologies, products and applications, and loss of market share and pressure on pricing resulting from competition, which could cause the actual results or performance of the company to differ materially from those contemplated in such forward-looking statements. Vizrt undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events.