VusionGroup slides as decline in Europe dents Q3 sales
** Shares in French label maker VusionGroup VU.PA fall 8.2% after its Q3 sales were hit by a sharp decline in the EMEA region, and despite a sales ramp up in the U.S.
** "Although growth accelerated compared with H1 (adjusted sales up 13%), Q3 sales were well below our expectations," Portzamparc analyst Gaétan Calabro says in a research note
** The EMEA market, representing 44% of the group's revenue, saw a temporary fall of 37% due to the completion of a roll-out phase for a major European customer, Calabro adds
** Q3 adjusted sales for the whole group grew 22% from a year earlier
** The shares are on track for their worst day since May 24 if the losses hold
Reporting by Alban Kacher
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