Brief: Lacroix H1 Current EBITDA Up At EUR 19.3 Mln

Lacroix SA

29/09/2022 17:11

Sept 29 (Reuters) - LACROIX GROUP SA  LACR.PA :
    * LACROIX: FIRST HALF 2022: SOLID GROWTH IN REVENUES:
+32.8%.
OPERATING PROFITABILITY RESILIENT DESPITE A CONTRASTED
ENVIRONMENT
    * CONFIRMATION OF ANNUAL OBJECTIVES
    * CONTINUED EXECUTION OF LEADERSHIP 2025 STRATEGIC PLAN
    * OVER PERIOD, LACROIX'S CURRENT EBITDA WAS EUR 19.3M,
COMPARED
WITH EUR 14.9M A YEAR EARLIER
    * IN FIRST HALF OF 2022, LACROIX RECORDED REVENUE OF EUR
338.4M,
COMPARED WITH EUR 254.8M IN FIRST HALF OF 2021
    * AS OF JUNE 30, 2022, GROUP'S SHAREHOLDERS' EQUITY AMOUNTED
TO
EUR 184.6M COMPARED TO EUR 180.4M AS OF DECEMBER 31, 2021
    * NET DEBT INCREASED TO €150.0M AT JUNE 30, 2022, COMPARED
TO
€102.9M AT DECEMBER 31, 2021
    * H1 NET INCOME GROUP SHARE EUR 3.9 MILLION VERSUS EUR 5.8
MILLION
YEAR AGO
    * H2 BEGAN IN A MORE DEMANDING ENVIRONMENT, MARKED BY
PERSISTENT
PRESSURE ON COMPONENTS AND COST INCREASES, WHICH WILL CONTINUE
TO WEIGH ON OPERATING PROFITABILITY

Source text for Eikon:  ID:nGNE3tC2sp 
Further company coverage:  LACR.PA 
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