LACROIX GROUP Press release ISIN FR 0000066607 |
LACROIX Group
Revenue of financial year 2016-2017 (released on 11/13/17 after trading hours) Revenue increase by 3% Targets for improving results are confirmedAfter recording a very good 4th quarter amounting to €109.8M up 7.0% compared to the previous financial year, the annual revenue of the LACROIX Group reached €441.2 M up 3.0 %.
In €K | 2017.09 | |||
Period | YTD | Period YTD | YTD | |
Q1 | 106 028 | 106 028 | 109 729 109 729 | -3.4% |
Q2 | 114 631 | 220 659 | 106 055 215 784 | 2.3% |
Q3 | 110 789 | 331 448 | 109 821 325 605 | 1.8% |
Q4 | 109 780 | 441 228 | 102 571 428 176 | 3.0% |
Total | 441 228 | 428 176 | 3.0% | |
VAR
This moderate growth in revenue for the period is in line with targets:
Of resistance of LACROIX City's traditional businesses
Of progressive ramp-up of sales of connected devices dedicated to smart cities
Of controlled growth in the LACROIX Electronics business.
The acceleration of international growth, particularly for LACROIX Sofrel and LACROIX City, as well as supporting LACROIX Electronics' European customers on their markets outside Europe will be additional vectors for growth by 2020.
Along with this revenue increase in line with targets, LACROIX Group confirms the significant improvement of results over the period.
Revenue per activity:
in Million Euros | 30.09.2017 | 30.09.2016 | VAR |
LACROIX Electronics | 310.2 | 301.0 | + 3.1% |
LACROIX Sofrel | 39.0 | 39.0 | + 0.0% |
LACROIX City | 92.0 | 88.2 | + 4.3% |
TOTAL revenue LACROIX Group | 441.2 | 428.2 | + 3.0% |
Comments:
Return to growth for LACROIX City, driven by increased sales in its range of street lighting control solutions
Controlled revenue growth of LACROIX Electronics, with a still strong growth in Poland
French market performing well for LACROIX Sofrel with a slight decrease of international business over the period
PRESS CONTACT
Nicolas BEDOUIN Tel : +33 2 40 92 58 56 - info@lacroix-group.com
Next release: Results of Financial Year 16/17: on December 19th, 2017 after trading hours.
Find this financial release and more information about LACROIX on our website www.lacroix-group.com
Lacroix SA published this content on 13 November 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 13 November 2017 17:18:01 UTC.
Original documenthttp://www.lacroix-group.com/sites/default/files/20171113_annual_revenue_lacroix_group_.pdf
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