Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

LACROIX Group Earnings Release 2018

May 14, 2018

1468_iss_2018-05-14_0ecc328d-8e8c-4e39-8ec6-278182c309e8.pdf

Earnings Release

Open in viewer

Opens in your device viewer

Press release

ISIN FR 0000066607

LACROIX Group Half-Year Revenue Financial Year 2017-2018

(Released 05/14/18 after trading hours)

Confirmation of growth prospects for the year

The Group recorded a growth of +5.8 % for the second quarter, and posted a growth of +7.8% for the first half year.

This increase enables the Group to confirm its growth targets both in terms of revenue and results.

(in million
Euros)
Financial Year
17/18
Financial Year
16/17
Change
FY / FY-1
LACROIX Electronics 167.1 154.9 + 7.9 %
LACROIX Sofrel 21.2 19.8 + 7.4 %
LACROIX City 49.4 46.0 + 7.4
%
Total LACROIX 237.8 220.7 + 7.8
%

Highlights are as follows:

  • LACROIX Electronics confirms its dynamic growth. Over the first half-year, although growth is still driven by a positive evolution in Poland, all industrial sites also confirm a favorable trend.
  • LACROIX Sofrel confirms its growth. Driven by exports and a good performance of the Water market in France, this business area posted a significant growth of +7.4% for the first half of the year.
  • LACROIX City accelerates. Following a first quarter up 1.7%, the second quarter, mainly driven by the Traffic operations, recorded a clear acceleration with an increase of +7.4 % during the first half year.

PRESS CONTACT

Nicolas BEDOUIN Tel : +33 (0)2 40 92 58 56 – [email protected]

Upcoming press release: Half-year results for 2017/2018 on June 26th 2018 after trading hours.

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