Brief: Belgium's Flanders Region Chooses Lacroix To Modernize Road Infrastructure

Lacroix SA

13/12/2022 17:29

Dec 13 (Reuters) - Lacroix Group SA  LACR.PA :
    * FLEMISH REGION OF BELGIUM HAS OPTED FOR LACROIX AND ITS
SMART
STREET LIGHTING SOLUTION TO MODERNIZE ITS ROAD INFRASTRUCTURE
    * MASS DEPLOYMENT OF 70,000 TO 100,000 SMART LIGHTING POINTS
    * THIS DEPLOYMENT IS PLANNED TO TAKE PLACE OVER A PERIOD OF
24
MONTHS
    * UNDER THE TERMS OF AGREEMENT, LACROIX EXPECTS TO GENERATE
REVENUE OF OVER €10 MILLION, THE RECOGNITION OF WHICH WILL BE
SPREAD OVER THE 2023 AND 2024 FINANCIAL YEARS

Source text for Eikon:  ID:nGNE719YTq 
Further company coverage:  LACR.PA 
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