Lacroix confirms its annual objectives


(AOF) – In the first quarter, Lacroix recorded a turnover down 4.7% to 186.3 million euros. The specialist in connected equipment and technologies blamed a high comparison base for Electronics, whose revenues fell 9.2% to 138.40 million euros. The City and Environment activities recorded growth of 11.5% to 26 million euros and 15.4% to 21.8 million euros respectively.

For the entire financial year, the group reiterates its objectives announced during the publication of the annual results. Lacroix plans to achieve a turnover excluding signaling of more than 710 million euros in 2024, up slightly compared to its 2023 level excluding signaling (i.e. 702 million euros). The current Ebitda margin is expected to exceed its 2023 level, in a range of 5.5% to 6.5%.

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