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%

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.

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