Slide 1: Q1 Revenues
2024 Q1 Revenues April 24, 2024 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: Q1 highlights
Q1 highlights Q1 performance is not Acceleration of the a surprise and is fully execution of embedded in our FY synergies, expected guidance now net of cost, at €40m for 2024, and As expected, significant over €200m by 2026 decline in Q1 revenues CH combined entity, on challenging comps Some
Slide 5: Q1 2024 highlights
Q1 2024 highlights (1) REVENUES (in € million) -19.1% @ constant rate -20.0% -20.8% @ current rate @ constant rate -21.7% @ current rate 573 458 458 358 (2) -12.4% @ constant rate -13.2% @ current rate 115 100 Q1 2023 Q1 2024 Q1 2023 Q1 2024 Q1 2023 Q1 2024 VANTIVA GROUP CONNECTED HOME & DIVERSIFICA
Slide 6: Guidance
GUIDANCE CONFIRMED Management is Adjusted Free Cash confident about a EBITDA Flow* sustainable & >€140m >€0m healthy FCF after financial, tax and restructuring * After financial and tax and before restructuring for HN integration €/$ parity assumption of 1.08 6 C3 - Restricted Natixis
Slide 7: Thank you
Thank you V A N T I V A . C O M C3 - Restricted Natixis
Slide 8: C3 - Restricted Natixis
C3 - Restricted Natixis
Slide 9: Update
Update C3 - Restricted Natixis
Slide 10: Connected Home (including diversification)
Connected Home (including diversification) Q1 2024: SOFT QUARTER AS PROJECTED Q1 2024 TAKEAWAY REVENUES (in € million) 458 Customer underlying demand Diversification Broadband 358 outlook continues to be Video 18 -21.8% cautious depending on Broadband Broadband @ current segment 380 rate 212 -20.9
Slide 11: Supply Chain Solutions: Q1 2024 takeaway
Supply Chain Solutions: Q1 2024: CONTAINED DECREASE REVENUES (in € million) -13.2% @ current rate 115 100 -12.4% @ constant Q1 2024 takeaway rate Q1 2023 Q1 2024 REVENUES DOWN 13% YOY AT CURRENT RATE: → Impacted by continuing disc volume reductions Continued optimization of Ongoing growth in → M
Slide 12: Glossary of Terms
Glossary of Terms Abbreviation Definition Abbreviation Definition $ American Dollar EBITDA Earnings before Interest, Tax, Depreciation and 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