PRESS RELEASE
(ISIN FR 0000066607)
LACROIX GROUP: Turnover - First Half
| (in millions of Euros) | 31.03.13 | 31.03.12 | Trend 2012 / 2013 | 30.09.12 |
Electronics | 81.1 | 87.0 | - 6.7% | 168.1 |
| Telemetry | 15.0 | 14.7 | + 1.9% | 29.8 |
| Signalling | 60.9 | 59.8 | + 1.8% | 126.9 |
| TOTAL Group TO | 157.0 | 161.5 | - 2.8% | 325.0 |
Over the period, the evolution of turnover was as follows:
1. In Electronics, as expected there was a drop in Turnover that should reverse in the buoyant second half of 2013 through the gradual ramp-up of new business.
2. In Telemetry, business grew mainly due to Export activities (+9%). This trend should continue in the second half of 2013.
3. In Signalling, there was moderate growth (+3.4% at constant scope). Despite the completion of exceptional contracts during the second half of the year, its level of business should be comparable to that of the first half.
In a context that is still difficult, the Group is expected to generate a Turnover for the second half of 2013 superior to that of the first half under conditions that will allow it to improve its financial structure while maintaining a level of investment strengthening each of its core businesses.
Contact: Yves KROTOFF - Tel.: +33 (0)2 40 92 32 00 - y.krotoff@lacroix.fr
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