13/02/2018 17:05:02

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

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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 on behalf of Nasdaq Corporate Solutions clients.

The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.

Source: Lacroix SA via Globenewswire

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