Report
Aurelien Sivignon

Arcure : Solid commercial momentum in H1. Governance simplified

>H1 revenue up 56% y-o-y - After a relatively back-end loaded 2022, this morning Arcure published very good quality H1 sales (as a reminder the company publishes no quarterly results). With a favourable base effect, revenue was up +56% y-o-y to € 8.1m in H1, beating our forecast (€ 7m est.).By region, we note that France (19% of revenue) was down 7% y-o-y, with the group alluding to delays in the rollout of a number of large-scale contracts. Conversely, the Euro...
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

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch