Brief: Vantiva Cuts FY Free Cash Flow Guidance

Vantiva SA

26/10/2023 17:56

Oct 26 (Reuters) - Vantiva SA  VANTI.PA :
    * 2023 GUIDANCE MAINTAINED FOR EBITDA AND EBITA BUT ADJUSTED
DOWN
FOR FREE CASH FLOW
    * VISIBILITY LIMITED FOR 2024
    * Q3 GROUP’S REVENUES AMOUNTED TO €473M IN THE QUARTER, DOWN
38%
(-34% AT CONSTANT EXCHANGE RATE)
    * FOR 2024 WE ANTICIPATE A LOWER GROUP PERFORMANCE THAN FOR
2023
AT CONSTANT SCOPE
    * WE ARE REVISING OUR 2023 FCF GUIDANCE FROM MORE THAN EUR
50M TO
POSITIVE

Source text for Eikon:  ID:nGNE3kLBzL 
Further company coverage:  VANTI.PA 

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