Brief: Lacroix Group Targets Revenue Growth Of At Least 30% in 2022

Lacroix SA

23/03/2022 16:57

March 23 (Reuters) - Lacroix Group SA  LACR.PA :
    * IN 2021, IN LINE WITH THE STATED OBJECTIVE, LACROIX
EXCEEDED AN
ANNUAL REVENUE OF €500 MILLION FOR THE FIRST TIME IN ITS HISTORY
    * OBJECTIVES FOR 2022: GROWTH IN REVENUE OF AT LEAST 30%
    * IN 2021, THE GROUP'S CURRENT EBITDA CAME TO €30.9 MILLION
    * OBJECTIVES FOR 2022: MAINTENANCE OF EBITDA MARGIN RATE
    * A DIVIDEND OF €0.85 PER SHARE WILL BE PROPOSED AT THE NEXT
GENERAL MEETING OF SHAREHOLDERS TO BE HELD ON 6 MAY 2022
    * AS OF 31 DECEMBER 2021, EQUITY STOOD AT EUR 180.4 MILLION,
COMPARED WITH EUR 108.0 MILLION AT 31 DECEMBER 2020
    * 2021 REVENUE EUR 501.5 MILLION VERSUS EUR 441.0 MILLION
YEAR AGO
    * IN 2022, THE GROUP WILL ALSO BENEFIT FROM AN EXPANDED
INTERNATIONAL SCOPE WITH THE INTEGRATION OF FIRSTRONIC
    * WHILE LACROIX'S DIRECT EXPOSURE IS MARGINAL, INDIRECT
IMPACT OF
THIS WAR ON OVERALL LEVEL OF ORDERS AS WELL AS ON PRICES OF RAW
MATERIALS OR ENERGY ARE AREAS THAT NEED TO BE CLOSELY WATCHED


Source text for Eikon:  ID:nGNE7rrpjF 
Further company coverage:  LACR.PA 

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