Acconeer updates financial targets
Acconeer updates financial targets
The board of directors in Acconeer AB has decided to revise the company’s financial targets. The targets for the company are to have a cash flow positive quarter during 2026, at least 100% revenue growth 2027 compared to 2026, and a long-term EBIT margin of at least 25 per cent.
Updated financial targets for Acconeer AB
- First cash flow positive quarter during 2026 (unchanged)
- Revenue growth of at least 100% for full year 2027 compared to 2026 (previous: Revenues of more than SEK 300 million in 2027)
- Long-term EBIT margin of at least 25 per cent (unchanged)
Acconeer has strong momentum, the company has shown record revenue four consecutive quarters and estimates that the growth will continue during the third and fourth quarters of 2026.
The revised revenue target is based on reduced forecasts for launched car models using Acconeer A1 sensors, as well as delays in completing the A212 product offering outside the automotive industry. This is primarily due to increased resource requirements for the launch of the first A212 customer in the automotive industry.
Ted Hansson, CEO, comments: “We have built a strong customer base with good geographical spread within our verticals. This base has delivered a long period of continuous strong growth and we see this continuing. There is strong interest in our new A212 sensor, with the investment to launch the first customer in the automotive industry behind us, we can now accelerate the rollout into other verticals.”