Lacroix: sales down more than 4% in Q1
(CercleFinance.com) - Lacroix posted sales of ?186.
3 million for the first quarter of 2024, down 4.4% on a "particularly demanding" basis of comparison, with a 17.9% increase a year earlier due to a strong catch-up in electronics activity.
While sales in electronics fell by 9.2% in the first three months of this year, the Group points to continued strong momentum in its city (+11.5%) and environment (+15.4%) businesses.
For 2024 as a whole, Lacroix confirms that it expects sales, excluding signage, to exceed 710 million euros, as well as a current EBITDA margin above its 2023 level, in the 5.5% to 6.5% range.
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