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Tuesday, 13 February 2018

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

Lacroix SA    

Published: 18:05 CET 13-02-2018 /GlobeNewswire /Source: Lacroix SA / : LACR /ISIN: FR0000066607


 

 

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



Lacroix SA: Report 1st quarter FY 2017/2018



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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