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Stock impact report

RESULTS 2023 - VANTIVA ACHIEVES ITS OBJECTIVES [Yahoo! Finance]

CommScope Holding Company, Inc. (COMM) 
Last commscope holding company, inc. earnings: 2/20 06:30 am Check Earnings Report
US:NASDAQ Investor Relations: ir.commscope.com
Company Research Source: Yahoo! Finance
Adjusted EBITDA of 142 million euros Adjusted EBITDA margin up 1 point to 6.8% of sales Adjusted EBITA at 57 million euros Positive FCF (before interest and tax) of 13 million euros The group confirms the potential of synergy resulting from Home Networks acquisition Paris – March 26, 2024 – Vantiva (Euronext Paris: VANTI), announces its financial results for the year 2023. These results were approved by the Board of Directors today. The audit procedures on the consolidated financial statements have been completed, and the certification report will be issued once the verification of the management report and the due diligence relating to the electronic ESEF format of the 2023 financial statements have been finalized. Results for the 2023 financial year are in line with targets despite the difficult economic climate. Sales fell by 25.3% to 2,075 million euros (-23.3% at constant exchange rates). Adjusted EBITDA totaled 142 million euros (-11.7%), with the margin risin Show less Read more
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