Arcure Confirms Strong Growth with Historical Half-Year Revenue

Arcure has announced a significant 24.5% increase in its half-year revenue, achieving a historic €10.1 million. This surge is attributed to robust commercial activity and notable progress in international markets, particularly in North America (+34%) and Europe (+23%).

Franck Gayraud, Chairman and co-founder of Arcure, highlighted that crossing the €10 million mark for the first half of the year aligns with their goal of exceeding €20 million in revenue by the end of 2024.

International sales accounted for 81% of total revenue. Europe saw a 23% increase, with significant growth in the Germany-Austria zone (+49%). The Asia Pacific region and the rest of the world represented 7% of total revenue, up 21%.

Shift in distribution channels was also noted, with 62% of sales coming from dealers and distributors. The OEM channel increased to 24%, while direct sales to end-user manufacturers accounted for nearly 14% of total sales.

Arcure’s success is driven by the adoption of its AI-based Blaxtair technologies, which improve safety and productivity in industrial settings. The company has set a revenue target above €20 million for the 2024 fiscal year.