VusionGroup wants to reach the milestone of one billion euros in revenue in 2024


(AOF) – In the fourth quarter of the year, the restated quarterly turnover of VusionGroup (formerly SES-imagotag) reached the highest level in its history: 241.9 million euros, an increase of 58 %. For the year 2023, restated turnover increased by 29.7% to 805.1 million euros. VAS turnover (software, services and solutions other than electronic labels) amounted to 109.1 million euros in 2023, an increase of 17%. Order intake amounts to 950 million euros over the 12 months of 2023, an increase of 39%.

With a high order book, VusionGroup “is confident in the continuation of a strong growth dynamic and aims to cross the milestone of one billion euros of restated turnover in 2024”.

Growth will be mainly driven from the second quarter by the acceleration in the United States of deliveries to Walmart with the commissioning of new production lines in Mexico. The United States will become VusionGroup’s first country this year, ahead of Germany.

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