VusionGroup Reports Strong Q1 2025 Performance, Confirms Annual Guidance

VusionGroup has reported robust growth in Q1 2025, with sales reaching €215 million under IFRS, marking a 25% increase from the previous year. On an adjusted basis, sales rose by 31% to €233 million. The significant growth was primarily driven by the Americas & Asia-Pacific regions, particularly North America, where Walmart's rollout is ongoing.

Order entries hit a record €532 million, nearly doubling compared to Q1 2024. This surge in orders is attributed to new contracts, especially in the U.S. VusionGroup's VAS revenue, encompassing software and non-ESL solutions, rose by 71%, contributing to the solid performance.

The company maintains its full-year outlook with a target of €1.4 billion in adjusted sales and expects profitability improvements. VusionGroup aims for 40% annual growth, attributing its success to the strategic importance of digitizing stores amidst price volatility.