Lacroix: annual sales down more than 13
(CercleFinance.com) - Lacroix posted sales (including four months of the Signaling segment and excluding City-Mobilité) down 13.
4% (-8.6% on a like-for-like basis) to 635.6 million euros for 2024, slightly below the 640 million target.
Electronics sales fell by 12.1% to 494.3 million euros, having suffered in the first half from a particularly high basis of comparison, while Environment sales rose by 8.8% to 123.4 million.
Lacroix now expects the recurring EBITDA margin for 2024 to be around the low end of the previous forecast range (between 4 and 4.5%). For 2025, he warns of limited visibility on the Electronics business due to strong uncertainties.
Copyright (c) 2025 CercleFinance.com. All rights reserved.