Brief: Vusiongroup H1 Sales Rise To 408 Million Euros

Vusion SA

25/07/2024 16:56

July 25 (Reuters) - Vusiongroup SA  VU.PA :
    * H1 REVENUE EUR 408 MILLION
    * Q2 SALES OF EUR 236 MILLION UNDER IFRS, AND EUR 252 MILLION ON AN ADJUSTED
BASIS, UP 14%
    * RECORD LEVEL OF ORDERS IN THE 1ST HALF OF THE YEAR OF €714 MILLION (+38%),
DRIVEN BY STRONG MOMENTUM IN THE UNITED STATES AND SEVERAL COMMERCIAL SUCCESSES
IN EUROPE
    * RECURRING VAS SALES OF €26 MILLION, UP 28% AND REPRESENTING AROUND 60% OF
TOTAL
VAS REVENUE
    * FULL-YEAR 2024 OUTLOOK CONFIRMED FOR ADJUSTED SALES ABOVE €1 BILLION AND
IMPROVED PROFITABILITY
    * WE CONFIDENTLY CONFIRM ALL OUR FINANCIAL TARGETS FOR THE CURRENT YEAR IN
TERMS
OF GROWTH, PROFITABILITY AND CASH FLOW GENERATION
    * THE GROUP EXPECTS AN IMPROVEMENT IN ITS ADJUSTED VARIABLE COST MARGIN RATE
FOR
THE FIRST HALF OF THE YEAR, AND FOR THE FULL YEAR COMPARED TO THE SAME PERIODS
IN 2023

Source text: https://tinyurl.com/2s49kzt5
Further company coverage:  VU.PA 

 (Reporting by Gdansk Newsroom)
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