LACROIX GROUP | Press release ISIN FR 0000066607 |
LACROIX GROUP
QUARTERLY ACTIVITY REPORT - 3RD QUARTER
Financial Year 2017-2018
(Released 26/07/18 after trading hours)
Continued sustained growth
LACROIX Group reports revenue of €121.4M in the 3rd Quarter, up 9.4%, and confirms the dynamic trend in the first half-year.
In the light of Q3 figures, the Group confirms significant growth in its business areas over the year.
| (in million Euros) | Q3 | Q3 | Q3 | YTD | YTD | YTD |
| 17/18 | 16/17 | Y/Y-1 | 17/18 | 16/17 | Y/Y-1 | |
| LACROIX City | 25.4 | 21.8 | + 16.2% | 74.8 | 67.8 | + 10.2% |
| LACROIX Sofrel | 10.3 | 9.4 | + 9.5% | 31.5 | 29.2 | + 8.1% |
| LACROIX Electronics | 85.5 | 79.5 | + 7.6% | 252.6 | 234.4 | + 7.8% |
| Total LACROIX | 121.2 | 110.8 | + 9.4% | 359.0 | 331.4 | + 8.3% |
Highlights of the period:
Increase in the sales of equipment for road infrastructure management, with a higher growth in the 3rd Quarter (+16.2%), driven by the Road signage Business (+18.3%) and with a two-digit growth of the Traffic management and Street lighting Businesses. Also a significant increase in the sales of equipment for water and energy infrastructure management in Q3, although revenue for the year is expected to grow at a slower pace than in the first half-year.
Lastly, continued increase in the sales of electronic equipment on behalf of third parties, despite disruptions due to component allocation.
PRESS CONTACT
Nicolas BEDOUIN Tel: +33 (0)2 40 92 58 56 - info@lacroix-group.com
Upcoming press release: Annual revenue, on November 12th, 2018, after trading hours.
Find this press release and more information about LACROIX on our website www.lacroix-group.com
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
