LACROIX GROUP (ISIN FR 0000066607)
LACROIX GROUP 3RD QUARTER ACTIVITY REPORT Financial Year 2016-2017The LACROIX Group posts a revenue of €110.8M for the third quarter, slightly higher (+0.9%) than the previous year. The trends observed in the third quarter are in line with forecasts of a moderate growth in revenue, and a more significant increase of the Profit From Operating Activities over the financial year.
Highlights:
LACROIX Electronics: a stable revenue in the third quarter (+0.4%), as the higher customer demand did not generate extra revenue due to the shortage of some components (allocation).
LACROIX Sofrel: a lower revenue over the period (-4.3%), which does not jeopardize the forecasts of a low growth in the financial year.
LACROIX City: a further increase in the third quarter (+5.3%) of the growth experienced in the first half-year (+5.5%). Over the quarter, all three business units contributed to this increase with LACROIX Sogexi (Street lighting) still driving the growth, + 25.7%, whereas LACROIX Signalisation and LACROIX Traffic posted increases of +0.9% and +2.2%.
Revenue per business:
(in million Euros) | Q3 | Q3 | Q3 | YTD | YTD | YTD |
16/17 | 15/16 | Variation | 16/17 | 15/16 | Variation | |
LACROIX Electronics | 79.5 | 79.2 | + 0.4% | 234.4 | 231.6 | + 1.2% |
LACROIX Sofrel | 9.4 | 9.8 | - 4.3% | 29.2 | 29.6 | - 1.3% |
LACROIX City | 21.8 | 20.8 | + 5.3% | 67.8 | 64.4 | + 5.4% |
Total LACROIX | 110.8 | 109.8 | + 0.9% | 331.4 | 325.6 | + 1.8% |
Contact: Nicolas BEDOUIN Tel : +33 (0)240 925 856 - info@lacroix-group.com
Read this press release and more information about LACROIX on our website www.lacroix-group.com
Upcoming press release: Annual revenue on 13/11/2017 after trading hours.
Lacroix SA published this content on 27 July 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 27 July 2017 16:28:01 UTC.
Original documenthttp://www.lacroix-group.com/sites/default/files/20170727_q3_activity_report_0.pdf
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