VusionGroup (formerly SES-imagotag) reports IFRS sales of 172 million euros for the first quarter of 2024, or 178 million euros on an adjusted basis, up 12% and in line with the guidance communicated with the annual results.

The specialist in electronic shelf labeling also boasts orders of 274 million euros (+24%), its second-best quarter ever, as well as recurring software and services revenues up 33% to 12.5 million.

On the strength of an order book at an all-time high, VusionGroup reiterates its confidence in its target of topping the €1 billion mark in sales by 2024 (on an adjusted basis), including €420 to €440 million in the first half.

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