on ARCURE (EPA:ALCUR)
Arcure revises its growth forecasts for 2024
Arcure, a specialist in artificial intelligence for industrial vehicle safety, is adjusting its targets for 2024. The company anticipates revenue of between €18.2 million and €20 million, slightly below the initial target of €20 million. This revision is the result of order postponements until 2025, influenced by unfavourable macroeconomic conditions in Europe and North America.
Despite these challenges, Arcure maintains its profitability through cost control while continuing its commercial efforts. Demand for Blaxtair® solutions remains strong, with an intensification of potential partnerships with machine manufacturers. In 2025, Arcure hopes to capitalize on a recovery in investments, particularly in the United States.
The OEM market is experiencing a surge in demand, and Arcure is strengthening its teams to maximize these opportunities. While the penetration rate of AI technologies is still low, the company is positioning itself to capture a significant share of this expanding market by the end of the decade.
R. P.
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