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 confirmed

After 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  2016.09   VAR
       
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%

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 annual revenue 2016-2017


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Source: Lacroix SA via Globenewswire