VTech Holdings HY 2026 ELPs revenue drops 25.4% to USD 167.0 million

Reuters12-01
VTech Holdings HY 2026 ELPs revenue drops 25.4% to USD 167.0 million

VTech Holdings Limited reported a 9.0 percent decrease in group revenue to USD 991.1 million for the six months ended 30 September 2025. Profit attributable to shareholders declined by 14.5 percent for the period. Sales fell in all regions, with revenue from electronic learning products in North America dropping by 25.4 percent to USD 167.0 million, mainly due to changes in US tariff policy and a temporary halt in shipments. In Europe, group revenue decreased by 7.2 percent to USD 429.0 million, although electronic learning products revenue in the region rose by 5.5 percent to USD 144.6 million, supported by new product launches and favorable currency movements.

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