Overview
France broadband and video connectivity provider's preliminary 2025 revenue fell 7% yr/yr
Preliminary adjusted EBITDA for 2025 rose 33%, driven by cost efficiencies and HN integration
Free cash flow turned positive in 2025, reflecting improved profitability and capital expenditure control
Outlook
Vantiva targets positive free cash flow in 2026
Company does not provide EBITDA guidance for 2026 due to market uncertainties
Result Drivers
VIDEO DECLINE - Ongoing secular decline in Video business and customer losses weighed on revenue
BROADBAND GROWTH - Broadband revenues rose 9.1%, driven by innovation and new device generations
COST EFFICIENCY & SYNERGIES - Adjusted EBITDA improvement attributed to cost efficiencies and synergies from HN integration
Company press release: ID:nGNE6jsK83
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Miss
EUR 1.74 bln
EUR 1.82 bln (2 Analysts)
FY Adjusted EBITDA
EUR 145 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 €0.12, about 14.9% above its March 26 closing price of €0.10
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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.)