France's Vantiva Q3 revenue falls 7.3% on weaker Americas demand

By Reuters News


Overview

  • France technology equipment maker's Q3 revenue fell 7.3% yr/yr, mainly on weaker Americas demand

  • Broadband revenue dropped 15.1% yr/yr, while video revenue rose 25.2% in Q3

  • Company maintained guidance for positive free cash flow in 2026


Outlook

  • Vantiva maintains full-year 2026 guidance for positive free cash flow

  • Company expects a more normalized sales mix in Q4 2026

  • Vantiva says operating environment remains uncertain, citing component pricing and supply chain dynamics


Result Drivers

  • AMERICAS DEMAND - Co said Q3 revenue decline was mainly due to softer demand in the Americas, citing ongoing product transition and lower capex by network operators

  • BROADBAND WEAKNESS - Broadband revenues fell 15.1% in Q3, which the co attributed to lower demand in the Americas and product transition effects

  • EURASIA AND VIDEO GROWTH - Growth in Eurasia and higher video-product deliveries to a key customer partly offset declines, with price increases also contributing


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

EUR 436 mln


Analyst Coverage

  • The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 1 "hold" and 1 "sell" or "strong sell"

  • The average consensus recommendation for the entertainment production peer group is "buy."

  • Wall Street's median 12-month price target for Vantiva SA is €0.09, about 9.1% above its October 27 closing price of €0.08


Reuters Recommended Reads

  • Oct 28 - France's Dassault Systèmes Q3 revenue rises 5%, beats estimates

  • Oct 27 - Netherlands' NXP Semiconductors Q3 revenue rises 19%, slightly beats estimates

  • Oct 27 - Engineered components maker Crane's Q3 sales beat, partly on acquisitions


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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