Lacroix: 9.9% increase in turnover over nine months – 07/11/2023 at 6:03 p.m.


(CercleFinance.com) – Lacroix publishes a turnover of 179.7 million euros in the 3rd quarter, up 0.9% compared to the same period of 2022.

At constant scope and exchange rate, the increase in sales amounts to 0.8%.

The 3rd quarter was marked by great dynamism in the City (+16.4%) and Environment (+10.2%) activities, while the Electronics activity recorded a slight contraction (-3.2%).

Cumulatively over the first 9 months of the year, Lacroix’s turnover remains up steadily by 9.9% (+9.6% at constant scope and exchange rate), standing at 567.4 ME over the period.

Lacroix indicates that it remains confident in achieving a turnover of more than €750 million in 2023 on a constant scope, an increase of at least 6%.

EBITDA is expected to be around €45 million compared to an initial target of more than €50 million, the difference coming entirely from the electronics business in North America impacted by the combination of several transitional factors.



Source link -86