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LACROIX Group Earnings Release 2013

Nov 13, 2013

1468_iss_2013-11-13_82e12e70-e948-427d-9ec9-ccdfe63c9bd3.pdf

Earnings Release

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PRESS RELEASE

Turnover for 2012-2013

(ISIN FR 0000066607)

In millions of Euros	On 30 September 2013	On 30 September 2012	Trend 2012 / 2013
ELECTRONICS	178.9	168.1	+ 6.4%
TELEMETRY	30.3	29.8	+ 1.7%
SIGNALLING	119.3	127.0	- 6.0%
TOTAL GROUP TO	328.5	324.9	+ 1.1%

H2 turnover showed a marked increase compared to S1 (+9.2%).

As expected, Electronics rebounded sharply in H2, with a 20.5% increase in turnover compared to H1 and better-focused economic results.
Telemetry's H2 turnover was slightly above that for H1 (+2.2%) and was achieved in satisfactory conditions.
Signalling turnover fell slightly in H2 (-4.0%) in a context which remains tense. Excluding special contracts performed in 2012 and 2013 (including the Ecotaxe contract for €15.2 million in 2013), the branch's turnover fell slightly although the initial effects of previous investment were felt.

All these elements confirm the ability of each division to generate positive results in a difficult and uncertain environment allowing the Group to reinforce investment capacity and consider a new stage in its development.

Contact: Yves KROTOFF Tel: +33 (0)2 40 92 32 00 – [email protected]

Next Press Release: Annual results on 6 January after market close

Find this press release and information on Lacroix at www.lacroix-sa.fr