VusionGroup shares jumps on solid H1 results, guidance hike

** Shares in VusionGroup VU.PA jump 15% after the French shelf labelling systems maker lifted its FY guidance, following a strong H1

** The group now sees FY sales to grow about 50% y/y to around EUR 1.5 billion ($1.8 billion) vs EUR 1.4 billion previously, while adjusted EBITDA margin should grow by 200-300 basis points vs 100-200 basis points seen previously

** "H1 results significantly exceeded our expectations," Portzamparc says, adding strong growth in profitability and cash generation lead to FY outlook hike

** The group's H1 revenue of EUR 614 million exceeds its own guidance of EUR 600 million

** Shares on track for their best day in 7 months

($1 = 0.8488 euros)