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Monday, 13 November 2017

Lacroix SA: revenue of financial year 2016-2017

Lacroix SA    

Published: 18:07 CET 13-11-2017 /GlobeNewswire /Source: Lacroix SA / : LACR /ISIN: FR0000066607


 

 

Press release

ISIN FR 0000066607

 

 

 

LACROIX Group

Revenue of financial year 2016-2017

(released on 11/13/17 after trading hours)

 

Revenue increase by 3%

Targets for improving results are confirmed

 

After recording a very good 4th quarter amounting to €109.8M up 7.0% compared to the previous financial year, the annual revenue of the LACROIX Group reached €441.2 M up 3.0 %.

 

In €K

2017.09

 

2016.09

 

VAR

       

Period

YTD

 

Period

YTD

 

 YTD

 

 

  

 

  

 

Q1

106 028

106 028

 

109 729

109 729

 

-3.4%

Q2

114 631

220 659

 

106 055

215 784

 

2.3%

Q3

110 789

331 448

 

109 821

325 605

 

1.8%

Q4

109 780

441 228

 

102 571

428 176

 

3.0%

 

 

  

 

   

Total

441 228

 

 

428 176

 

 

3.0%

 

 

This moderate growth in revenue for the period is in line with targets:

·  Of resistance of LACROIX City's traditional businesses

·  Of progressive ramp-up of sales of connected devices dedicated to smart cities

·  Of controlled growth in the LACROIX Electronics business.

 

The acceleration of international growth, particularly for LACROIX Sofrel and LACROIX City, as well as supporting LACROIX Electronics' European customers on their markets outside Europe will be additional vectors for growth by 2020.

 

Along with this revenue increase in line with targets, LACROIX Group confirms the significant improvement of results over the period.

 

 

 

Revenue per activity:

 

 

in Million Euros

30.09.2017

30.09.2016

VAR

LACROIX Electronics

310.2

301.0

+ 3.1%

LACROIX Sofrel

  39.0

  39.0

+ 0.0%

LACROIX City

  92.0

  88.2

+ 4.3%

TOTAL revenue LACROIX Group

441.2

428.2

+ 3.0%

 

 

Comments:

 

  • Return to growth for LACROIX City, driven by increased sales in its range of street lighting control solutions
  • Controlled revenue growth of LACROIX Electronics, with a still strong growth in Poland
  • French market performing well for LACROIX Sofrel with a slight decrease of international business over the period

 

 

 

PRESS CONTACT

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

 

Next release: Results of Financial Year 16/17: on December 19th, 2017 after trading hours.

 

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

 



Lacroix SA annual revenue 2016-2017



This announcement is distributed by Nasdaq Corporate Solutions (One Liberty Plaza, 165 Broadway, New York, NY 10006. Tel: +1 212 401 8700. www.nasdaqomx.com) on behalf of Nasdaq Corporate Solutions clients. Source: Lacroix SA, 8 Impasse du Bourrelier BP 30 004, Saint Herblain 44801, France
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