UK's Videndum slumps after warning of profit hit from Middle East conflict
23/07/2026 09:41
BUZZ-UK's Videndum slumps after warning of profit hit from Middle East conflict ** Britain's Videndum VIDV.L plunges 36.6% to 225p, hitting its record low
** Says trading in H1 was challenging as performance was impacted by Middle East conflict, which increased logistics costs, extended delivery times and delayed purchasing decisions
** Co, which makes hardware and software for content creation industry, forecasts FY adjusted core profit to be between between £15 mln and £18 mln ($20.06 mln - $24.07 mln) down from
** Appoints Jan Peter Tewes as Group CEO
** Including sessions losses, stock down over 88% YTD
($1 = 0.7477 pounds)
(Reporting by Atharva Singh in Bengaluru)