Brief: Videndum sees global recession as order risk, that would impact demand for its products
30/04/2025 07:35
April 30 (Reuters) - Videndum PLC VIDV.L: VIDENDUM PLC: ISSUE OF TARIFFS IS FAST MOVING AND HAS POTENTIAL RAMIFICATIONS ACROSS SOME 50% OF BUSINESS VIDENDUM PLC: TO IMPLEMENT PRICE INCREASES AS NECESSARY TO PASS ON ADDITIONAL COST OF TARIFFS VIDENDUM PLC: WE SEE GLOBAL RECESSION AS ORDER RISK, THAT WOULD IMPACT DEMAND FOR OUR PRODUCTS VIDENDUM: IN 2026 AND BEYOND, REVENUES WILL BENEFIT FROM RETURN TO MARKET GROWTH & RESUMPTION OF NEW PRODUCT INTRODUCTIONS VIDENDUM: LONGER-TERM EXPECTATIONS FOR BUSINESS ARE TO ACHIEVE MID-DOUBLE-DIGIT ADJUSTED OPERATING PROFIT MARGINS VIDENDUM PLC: FY24 REVENUE FROM CONTINUING OPERATIONS £283.6M Source text: ID:nRSd7102Ga Further company coverage: VIDV.L ((Reuters.Briefs@thomsonreuters.com;))