PRESS RELEASE
(ISIN FR 0000066607)
LACROIX Group
Revenue of Financial Year 2015-2016
(Released on November 14th, 2016 after trading hours)
The LACROIX Group reports an annual revenue of €428.2M, up 8.4%.
Highlights of the year:
- LACROIX Electronics: after two years of growth in excess of 20%, a gradual slowdown in growth throughout the year (+1.1% in the 4th Quarter) bringing annual growth to +12.1%.
- LACROIX Sofrel: an annual growth by +4.9%, despite a decline by 1.1% in the fourth quarter, due to an exceptional export contract in the previous financial year.
- LACROIX City: in the fourth quarter a relative improvement (-2.7%) of business level in the core historical business (-9.6% cumulated) and the good performance of acquisitions completed in 2015. The revenue in this business declined by 1.4%, the contribution of acquisitions barely offsetting the downturn in the historical business.
In this contrasting environment, growth in the Group's business remains strong, confirming the outlook for improved second-half results.
Revenue per business:
| In Million Euros | 30.09.2016 | 30.09.2015 | Change 2015/2016 |
| LACROIX Electronics | 301.0 | 268.5 | + 12.1% |
| LACROIX Sofrel | 39.0 | 37.2 | + 4.9% |
| LACROIX City | 88.2 | 89.4 | - 1.4% |
| Group total revenue | 428.2 | 395.1 | + 8.4% |
Contact: Nicolas BEDOUIN Tel : +33 (0)2 40 92 58 56 - info@lacroix.fr
Next release: Results of Financial Year 2015/2016: December 19th, 2016 after trading hours.
Read this press release and find out more information about Lacroix on our website www.lacroix-group.com
