Brief: Lacroix Aims For Revenue Of 800 Million Euros By 2025

Lacroix SA

07/04/2021 06:14

April 7 (Reuters) - LACROIX GROUP SA  LACR.PA :
    * UNVEILS LEADERSHIP 2025, ITS NEW STRATEGIC PLAN
    * ACCELERATING AND MOVING UP TO A NEW DIMENSION BY 2025 EUR
800M
REVENUE AND EBITDA MARGIN(1) OF APPROXIMATELY 9%
    * BY 2025, LACROIX IS AIMING FOR REVENUE OF EUR 800 MILLION
COMPARED WITH EUR 441 MILLION IN 2020 (PROFORMA 12 MONTHS)
    * THIS REALISTIC AMBITION INCLUDES ACQUISITIONS THAT COULD
BE MADE
OVER PERIOD
    * IN TERMS OF PROFITABILITY, AIM IS TO ACHIEVE AN EBITDA
MARGIN OF
AROUND 9%. AS A REMINDER, IT STOOD AT 5.9% IN 2020
    * FOR 2021, WHILE GROUP HAS ALREADY EMBARKED ON A PATH
TOWARD
RETURN TO GROWTH, LACROIX IS CONFIDENT IN ITS ABILITY TO ACHIEVE
REVENUE OF MORE THAN EUR 500 MILLION COMBINED WITH AN EBITDA
MARGIN OF OVER 6.5%

Source text for Eikon:  ID:nGNE4k1KhZ 
Further company coverage:  LACR.PA 

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