2CRSi SA Announces Upward Revision of Financial Targets for FY 2023-2024

2CRSi SA, a renowned manufacturer of high-performance computer servers, has revised its financial expectations for the 16-month fiscal year ending June 2024. Originally aiming for over €150 million in revenue, the company now anticipates surpassing €190 million. This increase follows the successful delivery and payment of a substantial order worth €81 million for artificial intelligence servers.

With this performance, 2CRSi also adjusts its EBITDA forecast from more than €4.5 million to over €5 million. These updated targets reflect the company's robust sales momentum and enhanced market position in various tech sectors worldwide. Significant growth is driven by advanced server solutions, particularly in artificial intelligence and liquid cooling technologies.

The firm attributes these achievements to the strategic shift following the sale of Boston Limited in June 2023, which has allowed for greater focus on AI technologies. Owing to this reorientation, 2CRSi confirms its longer-term fiscal aims for 2025-2026, which include reaching over €300 million in revenue with an EBITDA margin above 12%.