VusionGroup: 13% rise in H1 adjusted sales
(CercleFinance.com) - VusionGroup reports H1 adjusted sales of E431.
1m, up 13% y-o-y.
At the same time, adjusted EBITDA rose by 36% to E59.1m, with FCF of E203m (up E81.1m).
H1 results confirm VusionGroup's excellent sales momentum, improved margins and solid business model, with, moreover, a strong improvement in its free cash flow generation, said Chairman and CEO of VusionGroup Thierry Gadou.
With an order backlog at an all-time high, VusionGroup confidently reiterates its objective of crossing the E1bn sales milestone in 2024 (on an adjusted basis), and pursuing a strong growth trajectory in 2025.
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