Vusion · EURONEXT:VU
Vusion — VusionGroup — H1 2025 Earnings Presentation
15 slides from Vusion's earnings presentation, Jul 30, 2025
Slide 1: H1 2025 Sales Conference Call
Technologies for Positive Commerce H1 2025 Sales Conference Call – July 30, 2025
Slide 2: Agenda
Agenda Introduction Olivier Gernandt – Investor Relations Officer H1 Highlights Thierry Gadou – Chairman & CEO Outlook Thierry Gadou – Chairman & CEO Q&A Thierry Gadou & Thierry Lemaitre Proprietary and confidential. Do not distribute. 2
Slide 3: Disclaimer
Disclaimer This presentation contains unaudited financial information. In addition, this presentation includes performance indicators restated for the IFRS accounting impact of the Walmart US contract. The Group presents these restated performance indicators to allow investors to better understand t
Slide 4: H1 2025 Sales: Record Activity in the First Half
Technologies for Positive Commerce Record Activity in the First Half Thanks to Strong Growth in the US • H1 sales of €613m under IFRS and €648m on an adjusted basis (up +50% vs. H1 2024) H1 2025 • Record levels of H1 orders at €873m (+22% vs. H1 2024), Sales driven by strong momentum in the US and i
Slide 5: H1 2025 Sales
H1 2025 Sales • H1 Sales of €613m under IFRS and €648m in adjusted figures (+50% vs H1 2024) Adjustments Adjusted In €m IFRS Sales to Walmart • Record H1 order entries at €873m (+22% vs H1 sales contract 2024), driven by strong momentum in the US and H1 2025 612.9 (35.1) 648.0 in Europe H1 2024 408.
Slide 6: H1 Sales growth driven by North America
H1 Sales growth driven Americas/APAC EMEA by North America €m 648 • AMERICAS/APAC: 70% of adjusted sales (€452m) for +134 % +50% 196 -18% growth mainly driven by the United States. Growth should continue at a strong pace in the coming quarters. 431 • EMEA: 30% of adjusted sales (€196m) generated in
Slide 7: Order entries
Order entries €m 873 +22% 714 • Global order entries at €873m (+22%) • Record level for a first semester • 12m OE at €1.8bn (+56%) • This significant momentum is driven by both the United States and Europe H1 2024 H1 2025 Proprietary and confidential. Do not distribute. 7
Slide 8: Strong sales momentum for VusionGroup across H1
Strong sales momentum for VusionGroup across H1 Proprietary and confidential. Do not distribute. 8
Slide 9: Carrefour & VusionGroup launch a new generation of connected stores
Carrefour & VusionGroup launch a new generation of connected stores Connected stores: After Walmart, Carrefour explore the future of commerce with VusionGroup Proprietary and confidential. Do not distribute. 9
Slide 10: H1 VAS revenues
H1 VAS revenues Recurring Non-Recurring 90 • Strong VAS growth at +105% vs. H1 2024 +105% 55 • Recurring VAS up +34% vs. H1 2024 44 • Cloud installed base now at 220m ESLs (vs. 110m in H1 ‘24) 18 35 26 H1 2024 H1 2025 Proprietary and confidential. Do not distribute. 10
Slide 11: Proprietary and confidential. Do not distribute.
Proprietary and confidential. Do not distribute. 11
Slide 12: Hyper-precision commerce through Computer Vision, Data Analytics and AI
Hyper-precision commerce through Computer Vision, Data Analytics and AI Proprietary and confidential. Do not distribute. 12
Slide 13: 2025 outlook: confident on €1.4bn adjusted revenue target
2025 outlook: VusionGroup confident on its €1.4bn adjusted revenue target Adj. Revenue (€m) 1,400 • The Group confirms its sales growth and profitability +40% improvement targets for the full-year 1,000 • Sales growth should be mainly driven by the US with EMEA region back to growth in H2 • VAS reve
Slide 14: H1 2025 Sales
Technologies for Positive Commerce Record Activity in the First Half Thanks to Strong Growth in the US • H1 sales of €613m under IFRS and €648m on an adjusted H1 2025 • basis (up +50% vs. H1 2024) Record levels of H1 orders at €873m (+22% vs. H1 2024), Sales driven by strong momentum in the US and i
Slide 15: Note on the IFRS Adjustments related to the Walmart contract
Note on the IFRS Adjustments related to the Walmart contract: Two IFRS restatements related to the new Walmart contract impact 2024 financial disclosures: 1. On June 2, 2023, at their Annual General Meeting, the Group’s shareholders approved a grant to Walmart of 1,761,200 of stock warrants on the G