Vantiva (VANTI) Q1 2026 TU earnings summary

Executive summary

• Revenues declined 14.1% year-over-year in Q1 2026, mainly due to a weaker U.S. dollar and lower demand for video devices.

• Broadband segment showed growth, while video segment experienced significant contraction.

• Revenue performance aligned with management expectations.

Financial highlights

• Group sales reached €349 million, down from €406 million in Q1 2025.

• At constant exchange rates, revenues decreased by 4% year-over-year.

• Broadband revenues rose 1.4% (13.2% at constant exchange rates); video revenues fell 46.7% (40.4% at constant exchange rates).

Outlook and guidance

• Full-year 2026 guidance for positive free cash flow is maintained.