Source: Lacroix Group

Lacroix SA: Quarterly Activity Report - Quarter 1 - Financial Year 2017/2018

    Press release
ISIN FR 0000066607

 

 

LACROIX Group
Quarterly activity report
Quarter 1
Financial Year 2017-2018
(Released on 13/02/18 after trading hours)

Sharp increase in revenue in line with forecasts

After the Group presented its results last January 18th, and announced a dynamic growth for financial year 2017-2018, the consolidated revenue of the first Quarter confirms this forecast with a growth by
+ 9.9% reaching €116.5 M.

Consolidated revenue as of December 31st, 2017 breaks down as follows:

(in million Euros) FY
17/18 		FY
16/17 		Variation
N / N-1
       
LACROIX Electronics 79.3 70.6 +12.4%
LACROIX Sofrel 11.2 9.9 + 13.6 %
LACROIX City 26.0 25.6 +1.7 %
Total LACROIX 116.5 106.0 + 9.9 %

Highlights of the period:

  • LACROIX Electronics achieves an increased activity by +12.4%, still driven by Poland but also supported by a positive contribution of all industrial sites.
     
  • LACROIX Sofrel posts a revenue up +13.6%, driven by the Energy market and exports, due in particular to significant one-off orders in Italy at the end of calendar year. This favorable evolution confirms a return to growth for this activity, but the growth will be more moderate over the year than over the 1st quarter.     
     
  • LACROIX City records a moderate growth by +1.7% in revenue. Business prospects remain positive and allow to anticipate a faster growth rate over the year.

PRESS CONTACT

Nicolas BEDOUIN              Tel : +33 (0)2 40 92 58 56 - info@lacroix-group.com

Upcoming financial press release: Half-Year revenue of financial year 2017/2018  on May 14 2018 after trading hours.

Find this press release and all information about LACROIX on our website www.lacroix-group.com
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