Lacroix SA: Quarterly Activity Report - Quarter 1 - Financial Year 2017/2018
| Press release |
ISIN FR 0000066607
Quarterly activity report
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 |
| FY |
| Variation |
N / N-1
|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.
Nicolas BEDOUIN Tel : +33 (0)2 40 92 58 56 - email@example.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