UK's Videndum 2025 revenue falls on tariff impact

Videndum

31/03/2026 07:13

Overview

UK content creation hardware maker's 2025 revenue fell 19% yr/yr amid market challenges

Adjusted EBITDA dropped as lower volumes outweighed £15 mln in cost savings

Company raised £85 mln in equity and reduced net debt by about £112 mln via refinancing

Outlook

Videndum expects good revenue growth in FY 2026, supported by new product launches

Company targets medium-term revenue above £350 mln and mid-teens adjusted EBITDA margin

Videndum says ongoing operational efficiencies and cost reduction initiatives underpin its outlook

Result Drivers

US TARIFFS - Co said US tariffs increased end-user prices and costs, creating market uncertainty and caution among distributors

COST SAVINGS - Co achieved about £15 mln in cost savings through restructuring and operational changes

NEW PRODUCT LAUNCHES - Co launched 22 new product lines in 2025, but revenue impact was limited as full production capability was not in place until 2026

Company press release: ID:nRSe8114Ya

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Miss
GBP 228.30 mln
GBP 284 mln (2 Analysts)
FY Adjusted Operating Profit
Miss
-GBP 15.40 mln
-GBP 11 mln (1 Analyst)
FY Adjusted Pretax Profit
Miss
-GBP 31.50 mln
-GBP 24.50 mln (1 Analyst)
FY Free Cash Flow
-GBP 23.60 mln
FY Net Debt
GBP 142.30 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the household electronics peer group is "buy"

Wall Street's median 12-month price target for Videndum PLC is GBp19,000.00, about 5,657.6% above its March 30 closing price of GBp330.00

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)