VusionGroup soars on $1 bln contract amendment with Walmart

Vusion SA

30/04/2024 08:50

** Shares in French label maker Vusiongroup  VU.PA  jump
about 15%, after the company signed a new amendment to the
framework contract with Walmart U.S  WMT.N  
    ** The amendment is for accelerated deployment of EdgeSense
and VusionCloud solutions, as well as a functional extension to
the software solution
    ** The shares are heading for biggest single-day jump in
almost 10 months, if gains hold
    ** The order intake of around 1 billion euro ($1.07 billion)
corresponding to this signature will be included in the next
quarters figures, the French company says
    ** Stock is top performer on SBF 120 index  .SBF120 


($1 = 0.9342 euros)

 (Reporting Clement Martinot)
 ((Clement.martinot@tr.com))