PRESS RELEASE
(ISIN FR 0000066607)
LACROIX GROUP
3RD QUARTER ACTIVITY REPORT
Financial Year 2016-2017
The 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% |
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.
