LACROIX press release
Fiscal year 2023:
A historic turnover of €761 million (+7.5%) driven by all activities.
Good profitability resistance: current EBITDA margin at 5.5%.
2024 objectives:
Activity slightly higher than in 2023 excluding Signaling (€702 million in 2023)
Appreciation of the EBITDA margin in a range of 5.5% to 6.5%
A new year of sustained growth
Good resistance of the Ebitda margin despite exceptional elements
In 2023, LACROIX’s turnover stood at 761.2 million euros (€M), in line with the target set by the Group (>€750M). Activity was up 7.5% (+7.2% at constant exchange rate). Obtained entirely through internal growth, this solid performance was achieved despite a demanding basis of comparison (+8.6% growth in 2022 on a comparable basis). It results from contrasting dynamics, very sustained in the first half of 2023 (+14.6%) and weaker in the second half (+1.1%), linked to the slowdown in Electronics activity.