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]

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]