1. Vantiva's Q3-2025 revenues increased by 7.9% year-over-year. 2. Broadband revenues surged by 38% while video revenue declined by 44.3%. 3. Future revenue guidance predicts lower levels due to timing issues. 4. Positive cash flow and adjusted EBITDA expected for 2025. 5. Foreign exchange impacts negatively affected revenue despite strong demand.
The strong revenue growth, particularly in broadband, suggests sustained demand. However, declining video revenues and lower Q4 projections temper the enthusiasm, reminiscent of prior key sector shifts affecting revenues.
With Vantiva solidifying its market position through increased revenues, this is highly relevant for stakeholders focusing on growth potential. The overarching impact of foreign exchange remains a concern, but the positive trajectory is notable.
Immediate revenue growth could lead to investor confidence in the next quarter. However, ongoing declines in video and uncertain future demand create volatility risks moving forward.
Press Release
Vantiva: Q3-2025 Revenues Up 7.9% Year-Over-Year
Solid quarter boosted by pull-ahead demand, partially offset by foreign exchange impact
Fourth quarter revenue levels are projected to be lower year-over-year due to customer timing
Guidance maintained for 2025 at budget rate
Paris, France – October 30, 2025 – Vantiva (PARIS:VANTI), a global technology leader in connectivity, announces its unaudited revenues for the third quarter of 2025.
Key Financial Highlights
Third Quarter and Nine Month – YOY Revenue
| Third Quarter | Nine Month | |||||||
| In millions of euros, continuing operations | 2025 | 2024* | Change at current rate | Change at constant rate | 2025 | 2024* | Change at current rate | Change at constant rate |
| Total revenue | 470 | 436 | 7.9% | 13.3% | 1,331 | 1,233 | 7.9% | 10.8% |
| Broadband | 366 | 265 | 38.0% | 44.6% | 963 | 731 | 31.7% | 35.2% |
| Video | 74 | 133 | (44.3%) | (40.5%) | 283 | 395 | (28.4%) | (26.5%) |
| Diversification | 30 | 38 | (20.2%) | (16.2%) | 86 | 107 | (20.0%) | (18.2%) |
* 2024 figures restated for SCS divestment and reclassification of CVS and Maintenance from Broadband and Video to Diversification
Group revenue rose YOY by 7.9% to €470 million.
Broadband revenues increased by 38%, while Video and Diversification activities declined by 44.3% and 20.2% respectively, due to lower demand.
Broadband business has been driven by strong demand, notably in North America. However, this trend is not expected to continue in the fourth quarter, as part of the Q3 demand was brought forward by some early customer orders.
Video demand continued to be affected by the secular decline of the market, notably in North America, Australia, and Korea.
Diversification activities were impacted by weaker demand in the retail sector.
Outlook
Vantiva maintains its guidance at the budget exchange rate, assuming that component availability remains stable.
2025 Guidance*
*assuming €/$ at 1.05
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Cautionary statement: Forward-looking statements
This press release contains certain statements that constitute "forward-looking statements", including but not limited to statements that are predictions of or indicate future events, trends, plans or objectives, based on certain assumptions or which do not directly relate to historical or current facts. Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of risks and uncertainties that could cause actual results to differ materially from the future results expressed, forecasted, or implied by such forward-looking statements. For a more complete list and description of such risks and uncertainties, refer to Vantiva's filings with the French Autorité des marchés financiers (AMF). The Universal Registration Document (Document d'enregistrement universel) for fiscal year 2024 was filed with the Autorité des marchés financiers on April 17, 2025, under no. D.25-0279.
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About Vantiva
Pushing the Edge
Vantiva (PARIS:VANTI) is a global technology leader in the Customer Premises Equipment (CPE) market. For over 130 years, Vantiva (formerly known as Technicolor) has delivered solutions that connect what matters most. Today, the company continues to redefine connectivity with industry-leading broadband, video, and IoT-driven smart systems that elevate how people live, work, and connect globally.
Vantiva combines a customer-focused approach with decades of software development, electronics hardware design, and flexible supply chain expertise to deliver high-quality solutions at scale. This proficiency has positioned Vantiva as a trusted provider to leading network service providers, enterprise customers, and consumers around the world.
A strong commitment to sustainability and responsible business practices has earned Vantiva multiple Gold and Platinum Medals from EcoVadis for environmental and social performance. These awards place the company among the top 2% of organizations in its category evaluated globally.
With its headquarters in Paris and major offices in Australia, Brazil, China, India, South Korea, the United Kingdom, and the United States, the company serves a diverse global customer base.
For more information, please visit vantiva.com and follow Vantiva on LinkedIn and X (Twitter).
Contact
Vantiva Investor Relations Image 7 for Vantiva
investor.relations@vantiva.com vantiva.press@image7.fr
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