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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
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 summary12 Nov, 2026
Trading
After a promising July, trading in August–October was weaker than expected but broadly in line with the same period last year; geopolitical headwinds delayed customer decisions and shifted projects into FY27.
Product launches were delayed, mainly by component constraints; Feltre production issues are resolved, but revenue remains affected as distribution partners work to improve availability and sales conversion.
Liquidity remains good; immediate priorities are cash generation, cost reduction and improved sales conversion.
FY26 outlook
FY26 revenue and adjusted EBITDA are expected to be broadly similar to FY25.
Strategic initiatives
Jan Peter Tewes is assessing user groups, market needs and growth prospects, identifying opportunities to improve efficiency and commercial execution.
A self-help programme targets cash generation, lower inventory and operating costs, sustainable growth, and a simpler, regionally led structure.
Programme target: ~£10m annualised cost savings by 2028 at a cost of ~£3m; initiatives support medium-term ambitions of £350m revenue and a mid-teens adjusted EBITDA margin.
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Latest events from Videndum
- Strikes and destocking drove a sharp FY 2023 decline; recovery is expected in H2 2024.VID
H2 2023 - Adjusted EBITDA rose to £3.0m and net debt fell by £103m amid operational and market challenges.VIDH1 2026
- New CEO appointed; H1 2026 trading steady, but full-year EBITDA guidance reduced.VIDTrading update
- Revenue fell 19% and net debt rose, but refinancing and disposals improved financial stability.VIDH2 2025
- Order intake and EBITDA improved in Q3, with deleveraging talks and FY26 outlook steady.VIDTrading Update
- Revenue down 25% YoY; cost savings and new products support recovery amid uncertainty.VIDH1 2025
- FY24 revenue to reach £280m amid restructuring, with market recovery expected in H1 FY25.VIDTrading Update
- Revenue down 7% year-over-year, but cash flow and cost controls support a 2025 recovery.VIDH1 2024
- Revenue down 8% and £147m loss, but cost savings and refinancing support future recovery.VIDH2 2024
Next Videndum earnings date
H2 202626 Apr, 2027
Videndum
Next Videndum earnings date
H2 202626 Apr, 2027
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Frequently asked questions
Videndum Plc designs, manufactures, and distributes products and services that enable end users to capture and share exceptional content for the broadcast, cinematic, video, photographic, and smartphone applications worldwide. It operates through three divisions: Imaging Solutions, Production Solutions, and Creative Solutions. The Imaging Solutions division offers equipment for photographic and video cameras, and smartphones; and solutions to professional and amateur photographers/videographers, independent content creators (ICCs), vloggers/influencers, gamers, enterprises, and professional sound crews comprising camera supports and heads, smartphone accessories, lighting supports