Report
Aurelien Sivignon

Arcure : H1 2024 results confirm the rapid improvement trajectory of profitability

>H1 EBITDA up 87% y-o-y - Arcure published this morning its H1 results, in line at the operating level and reflecting an improvement at the bottom line. On the back of H1 sales (already reported) up 25% y-o-y at € 10.1m, the gross margin rate stood at 58%, an increase of 2 pts on a comparable basis (CIR now booked as tax and no longer as operating income), benefiting from the ramp-up of Blaxtair Origin (better marketed) in the sales mix. While the cost structure has c...
Underlying
Arcure SA

Arcure SA is a France-based company specialized in the technology sector. The Company develops a range of solutions for enhancing the autonomy of industrial machinery. Arcure SA serves companies operating within construction, transport, tunnels or urban cleanup, logistics and the mining sector. Its portfolio includes two main products: Blaxtair and Omega. Blaxtair offers solutions for securing the perimeter around mobile industrial machinery and robots by preventing collision in working environments. Omega is an advanced stereoscopic camera calculating the disparity map by providing metadata to the user. Additionally, thanks to its two sensors, Omega provides the disparity map and raw images at 20 frames per seconds. Apart from France, the Company also operates in a number of countries, which includes Japan, Chile and England, among others.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Aurelien Sivignon

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