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Edge10 Jul 2026
Inside Take-Two: The Grand Anticipation
The story of how Take-Two Interactive built the empire behind Grand Theft Auto, Red Dead Redemption, and one of gaming's largest mobile portfolios.
Videndum
Videndum (VID) investor relations material
Videndum Trading update summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Trading update summary23 Jul, 2026
Leadership update
Jan Peter Tewes appointed as Group Chief Executive Officer and Director, effective 17 August 2026.
Jan Peter brings experience from Villeroy and Boch, Ideal Standard, Mars, and Grohe.
Stephen Harris will return to his role as Non-Executive Chairman from the same date.
Trading update and financial performance
Revenues for H1 2026 expected to be in line with prior year on a like-for-like basis.
Adjusted EBITDA for H1 2026 anticipated to be modestly ahead of H1 2025.
Net debt at 30 June 2026 was £39 million, including £24 million in finance leases.
Group maintains good liquidity.
Outlook and operational challenges
H1 trading was challenging due to Middle East conflict, higher logistics costs, and delayed purchasing.
Production issues at the Feltre facility deferred some sales to H2, with most issues now resolved.
Management actions include improving commercial execution, optimizing inventory, and reducing costs.
Full year adjusted EBITDA now expected between £15 million and £18 million.
Drivers for the FY2026 EBITDA guidance range
Operational status of the Feltre facility
Rationale for Jan Peter Tewes's appointment
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Latest events from Videndum
- Revenue fell 19% and net debt rose, but refinancing and disposals improved financial stability.VID
H2 202514 Apr 2026 - Revenue down 7% year-over-year, but cash flow and cost controls support a 2025 recovery.VIDH1 202420 Jan 2026
- Revenue down 8% and £147m loss, but cost savings and refinancing support future recovery.VIDH2 202428 Nov 2025
- Revenue down 25% YoY; cost savings and new products support recovery amid uncertainty.VIDH1 202523 Nov 2025
- Order intake and EBITDA improved in Q3, with deleveraging talks and FY26 outlook steady.VIDTrading Update16 Oct 2025
- FY24 revenue to reach £280m amid restructuring, with market recovery expected in H1 FY25.VIDTrading Update13 Jun 2025
- Revenue in line, debt reduced, and RCF renegotiated; recovery remains gradual and uncertain.VIDTrading Update13 Jun 2025
- FY24 results in line; restructuring and cost savings position Videndum for recovery.VIDTrading Update6 Jun 2025
Next Videndum earnings date
Q2 2026 TU5 Aug, 2026
Videndum
Next Videndum earnings date
Q2 2026 TU5 Aug, 2026
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