London · Delayed Price · Currency is GBP · Price in GBX Videndum Earnings Call Transcripts
Fiscal Year 2025
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Revenue fell 25% year-on-year to GBP 115 million, but cost savings and restructuring helped maintain gross margin and reduce operating expenses. Market inflection is emerging, especially in North America, though U.S. tariffs and refinancing challenges persist.
Fiscal Year 2024
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Full-year results met prior guidance, with revenue down 8% and break-even before one-offs. Operational improvements and restructuring are driving cost savings, while refinancing and an equity raise have strengthened liquidity. Market conditions are stabilizing and outlook is improving.
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Revenue declined 7% year-over-year but improved sequentially, with adjusted operating profit up and net debt reduced. Market recovery is expected in 2025, especially in cine, scripted TV, and ICC segments, supported by cost-saving initiatives and new product launches.