Press release
ISIN FR 0000066607

 

 

 

LACROIX Group
Revenue of Financial Year 2017-2018
(Released 12/11/18 after trading hours)

Revenue growth of 6.1%

The LACROIX group posts a stable revenue for Q4 amounting to €109.3M. The annual revenue of the LACROIX Group shows a significant growth of 6.1% reaching €468.4M.    

in €T 2018.09  2017.09   VAR
       
Period Cumulative   Period Cumulative    Cumulative
             
Q1 116,530 116,530   106,028 106,028   9.90%
Q2 121,247 237,777   114,631 220,659   7.80%
Q3 121,243 359,019   110,789 331,448   8.30%
Q4 109,337 468,356   109,780 441,228   6.10%
            
Total 468,356     441,228    6.10%

As mentioned when the half-year results were released at the end of June, this growth was slower than initially forecast. In particular, the revenue in Q4 was temporarily affected by WLTP.

The group shows nevertheless a significant growth with the following highlights over the period:

  • Continued growth in the sale of road infrastructure equipment (+7.0%), driven by Traffic management (+10.7%) and street lighting (+7.4%), and supported by the return to sales growth for road signs equipment (+5.5%)
  • The growth in the sale of water and energy infrastructure equipment (+3.4%), driven by exports (+14.5%)
  • Return to a dynamic growth (+6.2%) over the year in the sale of electronic equipment for third parties, despite a more moderate growth in Q4.

This level of growth enables the Group to confirm that the targeted Profit from Operating Activities will be achieved.

Revenue per business area:

in Million Euros 30.09.2018 30.09.2017 VAR
LACROIX Electronics 329.6 310.2 + 6.2%
LACROIX Sofrel   40.3   39.0 + 3.4%
LACROIX City   98.4   92.0 + 7.0%
TOTAL LACROIX Group revenue 468.4 441.2 + 6.1%

PRESS CONTACT

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

Next financial press release: 2017/2018 results: 20th December  after trading hours.

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

Lacroix Group revenue 2017-2018


This announcement is distributed by West Corporation on behalf of West Corporation clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: Lacroix SA via Globenewswire