From GlobeNewswire: 2025-03-13 13:17:00

Vantiva announced its 2024 financial results, meeting guidance with 104 million euros in adjusted EBITDA, 41 million euros in adjusted EBITA, and positive free cash flow of 33 million euros. Sales increased by 19.3% to 1,865 million euros, driven by the consolidation of Home Networks activity. The SCS business unit divestiture is nearing completion.

Despite a challenging market, Vantiva saw sales growth in 2024 due to successful product launches and inventory adjustments. Strong commercial success was seen with Wi-Fi 7, Fiber, and FWA 5G products. Adjusted EBITDA increased to 104 million euros, with the margin slightly declining to 5.6% of sales.

Looking ahead to 2025, Vantiva expects sales to remain consistent with 2024 levels. The company anticipates improved financial performance driven by cost reduction efforts and the impact of the Home Networks integration. Adjusted EBITDA is targeted to exceed €150 million, with positive free cash flow expected.

In 2024, Vantiva achieved positive free cash flow of 33 million euros after interest and taxes, up from -40 million euros in 2023. The company’s cash position at the end of the year was 30 million euros, with net nominal debt amounting to 478 million euros. The SCS divestiture is set to close by the end of March 2025.

Vantiva’s 2024 financial results showed sales growth, improved EBITDA, and successful integration efforts. Despite facing challenges, the company navigated the market well and is positioned for continued success in 2025. The SCS divestiture and ongoing focus on connectivity businesses are key priorities for Vantiva.



Read more at GlobeNewswire:: Vantiva – Results 2024