Videndum (VID): Profit warning

What is happening

Videndum: Profit warning – profit warning. ['profit warning']

In short

On 23 July 2026 FY26 adjusted EBITDA guidance was cut to £15-18m, confirmed on 5 August 2026. On 12 November 2026 the Board said trading from July to October was weaker than expected. FY26 revenue and adjusted EBITDA are now expected to be broadly similar to FY25.

Announced

12 Nov 2026 · profit warning · -13% on the day

New guidance

FY26 revenue and adjusted EBITDA broadly similar to FY25 (12 Nov 2026)

Prior guidance

Adjusted EBITDA £15m-£18m (July 2026)

Trading

July-October weaker than anticipated, broadly in line with same period last year

Causes

Middle East conflict, delayed purchasing, projects deferred to FY27, component supply constraints

Feltre

Production issues resolved, but revenue still negatively affected

Liquidity

Group continues to maintain good liquidity

What comes next

Full-year results for FY26 (30 Mar 2027).

Briefing

Videndum in 5 minutes

Videndum makes tripods, lighting, prompters, camera robotics and video-transmission gear for people who shoot photos, film and live broadcasts. Revenue has roughly halved since 2022, from £442m to £228m in 2025, and...

1. Act 1Strikes, destocking and a £125m rescue raise (2023)
2. Act 2The recovery that did not come (2024 to 2025)
3. Act 3Reset: £85m of new equity and written-off debt (2025 to 2026)

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