Leadership Changes - Katleen Vandeweyer has been elected as the Chairwoman of the Board of Vantiva, succeeding Brian Shearer who has stepped down [1][2] - Vandeweyer has a strong background in business management and telecommunications, and has been contributing to high-profile boards in the EU [2] - Tim O'Loughlin, CEO of Vantiva, expressed confidence in Vandeweyer's leadership capabilities, highlighting her previous roles and contributions [3] Company Overview - Vantiva is a global technology leader in the Customer Premises Equipment (CPE) market, formerly known as Technicolor, with over 130 years of experience [4][5] - The company focuses on delivering high-quality solutions in broadband, video, and IoT-driven smart systems, serving network service providers, enterprise customers, and consumers globally [5] - Vantiva has received multiple Gold and Platinum Medals from EcoVadis for its sustainability and responsible business practices, ranking among the top 2% of organizations in its category [6] Financial and Strategic Commitment - TPG Credit remains committed to supporting Vantiva's growth initiatives, maintaining its substantial debt and equity holdings without changes due to the leadership transition [4] - The company continues to execute its strategic plan aimed at delivering long-term value for stakeholders [3]

Core Insights - Vantiva reported a 7.9% year-over-year increase in revenues for Q3 2025, reaching €470 million, driven by strong demand in the broadband segment, although partially offset by foreign exchange impacts [6][10]. Financial Performance - Total revenue for Q3 2025 was €470 million, up from €436 million in Q3 2024, reflecting a 7.9% increase at current rates and a 13.3% increase at constant rates [4][10]. - For the first nine months of 2025, total revenue reached €1.331 billion, a 7.9% increase year-over-year at actual rates and a 10.8% increase at constant rates [4][10]. - Broadband revenues surged by 38% year-over-year to €366 million, while Video revenues fell by 44.3% to €74 million, and Diversification revenues decreased by 20.2% to €30 million [4][6]. Market Trends - The broadband business experienced strong demand, particularly in North America, but this trend is not expected to continue into Q4 2025 due to early customer orders in Q3 [7]. - Video demand is declining due to market trends in North America, Australia, and Korea, while Diversification activities are facing weaker demand in the retail sector [7]. Guidance and Outlook - Vantiva maintains its guidance for 2025 at the budget exchange rate, assuming stable component availability, with an adjusted EBITDA target of over €150 million [8][9][10].

Core Insights - Vantiva, in collaboration with CommScope®, has achieved a significant milestone by demonstrating ultrafast internet speeds through a single DOCSIS 4.0 modem, reaching speeds of 13Gbps, which sets a new benchmark for home broadband [1] Company Developments - The latest DOCSIS 4.0 CPE from Vantiva has successfully completed joint testing, showcasing its capability to deliver unprecedented internet speeds [1] - The current DOCSIS 4.0 standard requires a minimum of five downstream OFDM channels to provide internet connectivity to a modem [1]

Core Insights - Vantiva's Cobra 5G Router has received certification from T-Mobile, which will enhance 5G access for Mobile Virtual Network Operator (MVNO) ecosystems across North America [1] Company Summary - The certification of Vantiva's Cobra 5G Router by T-Mobile signifies a strategic advancement in the company's product offerings, enabling broader 5G connectivity options for MVNOs [1] Industry Summary - The expansion of 5G access through certified devices like the Cobra 5G Router is crucial for the growth of MVNO ecosystems, indicating a competitive landscape in the telecommunications industry [1]

Core Insights - Vantiva, a global technology leader in the Customer Premises Equipment (CPE) market, has made its half-year financial report for the period ending June 30, 2025, publicly available as of August 4, 2025 [2][3]. Company Overview - Vantiva, formerly known as Technicolor, has been delivering connectivity solutions for over 130 years, focusing on broadband, video, and IoT-driven smart systems [3]. - The company combines a customer-focused approach with extensive expertise in software development, electronics hardware design, and supply chain management to provide high-quality solutions at scale [4]. - Vantiva has received multiple Gold and Platinum Medals from EcoVadis for its commitment to sustainability and responsible business practices, ranking among the top 2% of organizations in its category globally [5]. Global Presence - The company is headquartered in Paris and has major offices in Australia, Brazil, China, India, South Korea, the United Kingdom, and the United States, serving a diverse global customer base [5].

Core Insights - Vantiva's financial results for the first half of 2025 demonstrate significant progress in its transformation plan, particularly through the integration of CommScope's CPE business, with a notable increase in revenue and adjusted EBITDA [2][6][8]. Financial Performance - Revenue for H1 2025 reached €861 million, marking an 8.0% increase compared to H1 2024, and a 9.4% increase at constant exchange rates [7][17]. - Adjusted EBITDA surged to €64 million, nearly tripling from €22 million in H1 2024, reflecting improved operational efficiency [3][11]. - Adjusted EBITA was positive at €33 million, a significant recovery from a loss of -€12 million in H1 2024 [8][19]. - Free cash flow after interest, taxes, and restructuring costs was positive at €91 million, up from €22 million in H1 2024, driven by increased EBITDA and favorable working capital developments [12][23]. Segment Performance - Broadband revenue increased by approximately 28.1% to €597 million, while Video and Diversification segments saw declines of around 20% due to lower demand [10][11]. - The adjusted EBITDA margin improved to 7.4% of revenue, up from 2.8% a year earlier, indicating effective cost management and restructuring efforts [11][17]. Cash Flow and Debt - As of June 30, 2025, Vantiva held €35 million in cash and cash equivalents, with total nominal net debt amounting to €435 million, down from €478 million at the end of 2024 [8][23]. - Free cash flow before interest and taxes rose significantly from €67 million to €112 million, attributed to increased EBITDA and reduced capital expenditures [22][23]. Outlook - The positive results for the first half support the company's full-year targets, with expectations of continued favorable tariff positions [13][20].

Company Overview - Vantiva is a global technology leader in the Customer Premises Equipment (CPE) market, formerly known as Technicolor, with over 130 years of experience in delivering connectivity solutions [5][6] - The company focuses on broadband, video, and IoT-driven smart systems, enhancing global connectivity for individuals and businesses [5][6] Shareholders' Meeting - A Combined Shareholders' Meeting is scheduled for June 30, 2025, at 2 p.m. in Paris, France [2] - The Preliminary Notice of Meeting, including the agenda and proposed resolutions, was published on May 23, 2025, with a convening notice to be published on June 11, 2025 [3] Document Availability - Shareholders can request preparatory documents for the meeting as per Article R.225-83 of the Commercial Code, and these documents will be available for consultation at the company's head office 15 days prior to the meeting [4] - Relevant documents and information regarding the General Meeting can be downloaded from Vantiva's website [5] Sustainability Commitment - Vantiva has received multiple Gold and Platinum Medals from EcoVadis for its environmental and social performance, ranking among the top 2% of organizations in its category globally [7]

Company Overview - Vantiva is a global leader in connectivity technologies, formerly known as Technicolor, with over 130 years of experience in developing solutions that connect consumers to essential content and services [4][5] - The company specializes in high-speed connectivity, video, and IoT (Internet of Things) systems, transforming how individuals live, work, and interact [4] Financial Information - As of May 23, 2025, Vantiva has a total of 490,293,903 shares comprising its capital, with an equal number of theoretical and exercisable voting rights [3] Sustainability Commitment - Vantiva has received multiple gold and platinum medals from EcoVadis for its strong commitment to sustainability and responsible business practices, ranking among the top 2% of organizations in its sector globally [6] Global Presence - The company is headquartered in Paris and has regional offices in Australia, Brazil, China, India, South Korea, the United Kingdom, and the United States, catering to a diverse international clientele [7]

Core Insights - Vantiva reported a 13.5% increase in group sales for Q1 2025, driven by demand recovery, new product launches, and ramp-up of new contracts [2][3][5] - The successful divestment of the Supply Chain Solutions (SCS) business unit has sharpened the company's strategic focus [3][8] - The company maintains its fiscal 2025 guidance, assuming no major disruptions from global trade policies or tariffs [9] Q1 2025 Sales Performance - Total sales reached 406 million euros, with a 10.3% increase at constant exchange rates [4][8] - Revenue breakdown by product type shows broadband revenue increased by 24.1% to 258 million euros, while video revenue rose by 3.9% to 119 million euros [4] - Diversification activities saw a decline in revenue, primarily due to weaker activity with major US retailers [6] Regional Performance - In the Americas, demand accelerated from major customers, although LATAM demand for video devices has slowed [5] - Eurasia experienced growth from new products and sustained demand in the APAC region, while European activity remained stable [5] Strategic Adjustments - The company made targeted adjustments to its cost structure to remain agile in a shifting market [3] - The divestiture of SCS is expected to enhance operational efficiency and customer service [8]

Press Release VANTIVA: 2024 Universal Registration Document available Paris (France) - April 17, 2025 - Vantiva (Euronext Paris: VANTI), a global technology leader in connectivity, Vantiva informs that its 2024 Universal Registration Document (Document d’Enregistrement Universel) has been filed with the French Autorité des Marchés Financiers (AMF) on April 17, 2025. It has been prepared in European Single Electronic Format (ESEF) and includes the annual financial report, the corporate governance report of ...