VusionGroup: share price shines after new contract

(CercleFinance.com) - VusionGroup's share price was the biggest riser on the SBF 120 index on Tuesday morning on the Paris Bourse, after the electronic labeling specialist won a contract with Supermarchés Match.


A total of 75 stores - or 2/3 of the chain's stock - are now equipped with 1.5 million electronic labels installed in the shelves, with the aim of automating the display of prices and promotions.

The project also aims to reduce the errors traditionally caused by manual price changes.

In addition to automating price display, these labels also display information on deliveries and stock levels.

In a press release, Vusion states that Supermarchés Match is also planning to add its 'pick-to-light' functionality dedicated to in-store Internet order picking.

Thanks to the flashing LED lights, store staff are guided to the right location and can quickly and easily locate the product they are looking for.

The Match supermarket chain is part of the Belgian distributor, with operations in Belgium, Luxembourg and northeastern France, where it currently has 115 stores.

At 9:30 am, VusionGroup shares were up 2.4%, while the SBF 120 was up 0.4%.


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