Vantiva Sa · EURONEXT:VANTI
Vantiva Sa — Q3 2023 Earnings Presentation
14 slides from Vantiva Sa's earnings presentation, Oct 26, 2023
Slide 1: Q3 & 9M revenues
2023 Q3 & 9M revenues October 26, 2023 C3 - Restricted Natixis
Slide 2: Forward looking statements
Forward looking statements Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of risks and This presentation uncertainties that could cause actual results to differ materially from the future results expressed, forecasted or implied
Slide 3: Highlights
Highlights C3 - Restricted Natixis
Slide 4: Q3 highlights
Q3 highlights The decline in market demand, after the very strong market in 2022, is experienced by all players as illustrated by several profit warnings in the industry Our revenue decrease in the quarter has been a bit more than expected Connected Home experienced a double-digit decrease exp
Slide 5: Q3 2023 highlights
Q3 2023 highlights REVENUES (in € million) -34% @ constant rate -37% @ constant rate -38% @ current rate 765 -42% @ constant rate 584 473 -22% @ constant rate -26% 339 @ current rate 181 134 Q3 2022 Q3 2023 Q3 2022 Q3 2023 Q3 2022 Q3 2023 VANTIVA GROUP CONNECTED HOME SUPPLY CHAIN SOLUTIONS 5 C3 - Re
Slide 6: 9M 2023 highlights
9M 2023 highlights REVENUES (in € million) -21% @ constant rate -23% @ current rate -21% @ constant rate -23% @ constant rate 1958 1511 1481 1146 -22% @ constant rate -23% @ current rate 476 365 9M 2022 9M 2023 9M 2022 9M 2023 9M 2022 9M 2023 VANTIVA GROUP CONNECTED HOME SUPPLY CHAIN SOLUTIONS 6 C3
Slide 7: 2023 guidance
2023 guidance Thanks to efficiency measures to face the deteriorated environment, adjusted Ebitda & Ebita At constant outlook maintained, but FCF guidance lowered: Adjusted Adjusted Free Cash scope, 2024 EBITDA EBITA Flow* should be >€140m >€45m >€0m (vs >50m still weak in previously) demand * befor
Slide 8: Thank you
Thank you V A N T I V A . C O M C3 - Restricted Natixis
Slide 9: Glossary of Terms
Glossary of Terms Abbreviation Definition Abbreviation Definition $ American Dollar Earnings before Interest, Tax, Depreciation and EBITDA Amortization € Euro EU European Union B2B Business-to-Business FCF Free-Cash-Flow BB Broadband GPON Gigabit Ethernet Passive Optical Network BD Blu-ray Disc IoT
Slide 10: Glossary of Terms (Cont'd)
Glossary of Terms (Cont’d) ● Adjusted EBITDA: profit (loss) from continuing operations before tax and net financial income (expense), net of other income (expense), depreciation and amortization (including impact of provision for risks, litigation and warranties) ● Adjusted EBITA: profit (loss) from
Slide 11: Appendix
Appendix V A N T I V A . C O M C3 - Restricted Natixis
Slide 12: Update
Update C3 - Restricted Natixis
Slide 13: 9M 2023 highlights: Connected Home
9M 2023 highlights Q3 & 9M 2023: WEAK DEMAND OVERALL Q3 2023 TAKEAWAY REVENUES (in € million) 1481 584 1146 Weak demand overall, on a high base of comparison -42% -23% Broadband Broadband @ current @ current 414 rate 339 1 108 rate Inventory management Broadband 931 weighted on the business Broa
Slide 14: Q3 2023 takeaway: Supply Chain Solutions
Supply Chain Solutions: Q3 & 9M 2023: OPTICAL DISC ACTIVITY STILL FACING HEADWIND REVENUES (in € million) -23% @ current -26% rate @ current rate 476 181 365 Q3 2023 takeaway 134 -22% -22% @ constant @ constant rate rate Continued optimization of disc business Q3 2022 Q3 2023 9M 2022 9M 2023 for l