The SES-imagotag action did not benefit on Monday from the announcement of the receipt of three new contracts in the United States, where the group explains that it is in the process of accelerating its growth.
In a press release published this morning on its website, the specialist in electronic labels for physical commerce indicates that it has signed an agreement with one of the largest American chains of convenience stores.
This client, whose name he does not reveal, plans to deploy its electronic labels as well as its ‘Vusion IoT Cloud’ data automation platform within a network of more than 800 points of sale.
In addition, a large local grocery store chain has also opted to install ‘Vusion IoT Cloud’ and its electronic labels, this time in a total of 350 stores.
Finally, a distributor specializing in the residential renovation sector has also chosen SES-imagotag solutions, which it intends to adopt in more than 250 showrooms located in the United States.
After the contract already won with Walmart, these latest commercial successes will enable the French group to extend its footprint in North America to more than 6,000 stores.
In a reaction note, analysts at Invest Securities hail ‘good news on the case’, although they still say they are worried about the sword of Damocles represented by the publication of the second part of the Gotham Research report, of which, they recall, ‘we do not know the date of publication’.
The evolution of the SES-imagotag share seemed to prove them right: after having risen by more than 3% in the first exchanges, offering one of the strongest increases in the SBF 120 index, the share started to fall again towards 10:15 a.m. to yield 0.3%.
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2023-07-03 08:28:02
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