Slide 1: Q3 & 9M revenues
2024 Q3 & 9M revenues November 7, 2024
Slide 2: Forward looking statements
2 Forward looking Such forward-looking statements are based on management's current expectations and beliefs and are subject to a number of risks statements and uncertainties that could cause actual results to differ materially from the future results expressed, forecasted or implied by such forward
Slide 3: Key Highlights
KEY Highlights
Slide 4: Q3 highlights
4 Q3 highlights → → Tim O’Loughlin was appointed as the new CEO on October 8 Q3 2024 revenue was higher than Q3 2023 and in line with Q2 2024 Q3 24 → Q3 Connected Home shipments impacted by logistical Better than Q3 23 constraints and in line with Q2 24 → Device refresh cycle supported CH demand in
Slide 5: Guidance
5 2024 GUIDANCE BY 2026 Management is CONFIRMED confident about a Adjusted Free Cash sustainable & EBITDA Flow* healthy FCF after >€140m >€0m financial, tax and * After financial and tax and before restructuring for HN integration restructuring €/$ parity assumption of 1.08 2024 - Q3 & 9M revenues
Slide 6: Q3 2024 highlights
6 Q3 2024 highlights REVENUES (in € million) Demand remains at a low levels for CH 17.1% @ current rate 28.6% @ current rate 19.4% @ constant rate 31.4% @ constant rate 473 554 436 SCS optical disc 339 -10.9% @ constant rate -11.9% @ current rate still in decline but at a slower pace 134 118 Q3 2023
Slide 7: 9M 2024 highlights
7 9M 2024 highlights REVENUES (in € million) 3.1% 4.1% @ current rate @ constant rate 8.8% 7.6% @ current rate Connected Home @ constant rate revenue change 1 557 turned positive for 1 511 1 233 the first 9 months 1 146 -10.7% -11.3% @ constant rate @ current rate 365 324 9M 2023 9M 2024 9M 2023 9M
Slide 8: Business Update
RINE Update vantiva®,
Slide 9: Connected Home
9 Connected Home Q3 & 9M 2024: showed positive change Q3 2024 takeaway REVENUES (in € million) 436 1 233 ➔ Shipments to telco and 1 146 26 60 cable operators impacted 339 by logistic constraints 28.6% 7.6% @ current Broadband @ current Broadband ➔ Inventory situation has 268 744 rate Broadband 931 r
Slide 10: Supply Chain Solutions
10 Supply Chain Solutions: Q3 & 9M 2024: Normalization of the optical disc decline REVENUES (in € million) -11.3% @ current -11.9% rate @ current rate 365 134 -10.9% 118 -10.7% 324 Q3 2024 takeaway @ constant @ constant rate rate ➔ Continued optimization of disc business for Q3 2023 Q3 2024 9M 2023
Slide 11: Thank you!
Thank you! www.vantiva.com
Slide 12: 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 13: 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