France's Vantiva Q1 revenue falls on weak dollar

Vantiva SA

23/04/2026 18:13

Overview

France connectivity equipment maker's Q1 revenue fell 14.1% yr/yr, mainly due to weaker dollar

At constant exchange rates, Q1 revenue declined 4%, driven by lower video device demand

Company agreed to 4-year debt refinancing, maintains positive free cash flow guidance for 2026

Outlook

Vantiva maintains full-year 2026 guidance for positive free cash flow

Company says refinancing agreement extends debt maturities by 4 years at favorable terms

Vantiva says market environment remains dynamic

Result Drivers

CURRENCY DEPRECIATION - Co said unfavorable $/€ exchange rate was main driver of Q1 revenue decline

WEAK VIDEO DEMAND - Co attributed lower Q1 revenue to continued weakening demand for video devices

BROADBAND GROWTH - Broadband revenues increased, supported by demand from major customers in North America

Company press release: ID:nGNEX1fXM

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
EUR 349 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the entertainment production peer group is "buy."

Wall Street's median 12-month price target for Vantiva SA is €0.09, about 14.9% below its April 23 closing price of €0.11

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)