LACROIX Group

Earnings Release • Feb 13, 2018

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