Revenue of financial year 2018-2019
(Released 12/11/19 after trading hours)
Accelerating growth of +7.3% in Q4
Annual revenue growth of 2.8%
LACROIX Group reports a revenue growth of +7.3% in the fourth quarter. The annual revenue of the Group shows a 2.8% growth to €481.7M.
As expected, the growth was dynamic in the second half of the year, particularly on the last quarter. This growth, partially offset by the effects of the fire at the Tunisian site, has been enhanced by the variations in the consolidation scope. In Q4, at constant consolidation scope (+€4.9M) and excluding the impact of the fire at the Tunisian site (-€1.3M), the revenue growth rate is +4.0%.
in €M2019.09 2018.09 variation PeriodCumulative PeriodCumulative PeriodCumulative Q1 116.5 116.5 116.5 116.5 0%0%Q2 122.6 239.0 121.3 237.8 1.1%0,5%Q3 125.4 364.4 121.2 359.0 3.4%1.5%Q4 117.3 481.7 109.3 468.4 7.3%2.8% Total 481.7 468.4 2.8%
Over the year, the Group reports a +2.8% growth which reflects:
This growth level and the strong momentum in the sales of smart equipment enable LACROIX Group to confirm the significant growth of its annual result and the achievement of its €19.0M adjusted PFOA target.
Revenue breakdown per business:
In €M30.09.201930.09.2018variationLACROIX City 104.7 98.4+ 6.4%LACROIX Environment 59.2 40.3+ 46.9%LACROIX Electronics 317.7329.6- 3.6%TOTAL Revenue LACROIX Group 481.7468.4+ 2.8%
Nicolas BEDOUIN Tel: +33 (0)240925856 –
Upcoming press release: Results of financial year 18/19: December 17th, 2019 after trading hours.
Find this press release and further information about LACROIX Group on our website