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