UK's Videndum rises on narrower annual operating loss

Videndum

31/03/2026 10:31

** Shares of household electronics maker Videndum VIDV.L up 18% at 380p

** Co's FY operating loss narrows to 53.9 million pounds  ($71.20 million) from 84.5 million pounds a year ago

** In medium term, VIDV expects to deliver revenue in excess of 350 million pounds and adjusted EBITDA margin in mid‑teens

** Including sessions moves, stock down about 82% YTD

($1 = 0.7571 pounds)

 (Reporting by Megha Anilkumar Nair)

 ((MeghaAnilkumar.Nair@thomsonreuters.com;))