Earnings release
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LACROIX Revenue up 16.7 % over the first 9 months of the year 2021 objectives confirmed PRESS RELEASE 08/11/2021 Increase in revenue of 16.7 % since 1st January In the 3rd quarter of 2021 , LACROIX revenue was € 110.3 million , down by 7.6 % . As expected , this development reflects increased disruptions relating to the shortage of components and project delays . Despite all this , sales momentum remains strong across all Group activities . In total , LACROIX revenue for the first 9 months of the year was € 365.1 million , compared with € 312.9 million , up 16.7 % compared with the same period in 2020 and stable compared with pre - crisis levels . All activities contributed to growth over the period . The absence of significant scope effects should be noted over the quarter and in total . Revenue in millions of Q3 euros 2021 July - Sep 2020 Change 9 months 2021 Jan - Sep 2020 Change Electronics Activity 70.5 75.1 -6.1 % 238.3 196.1 + 21.5 % City Activity 23.9 26.7 -10.4 % 76.6 69.0 + 11.1 % Environment Activity 15.9 17.6 -9.8 % 50.3 47.8 + 5.1 % LACROIX total 110.3 119.4 -7.6 % 365.1 312.9 + 16.7 % Note : Due to the change in closing date , the period from July to September 2020 corresponds to the 4th quarter of the 2019/2020 fiscal year . Electronics Activity In the 3rd quarter of 2021 , Electronics Activity revenue was € 70.5 million , down 6.1 % compared with the previous year . This downturn logically relates to disruptions in the availability of components and the indirect consequences of plant shutdowns at several auto manufacturers over the period . From 1st January 2021 , Electronics Activity revenue has reached € 238.3 million , up 21.5 % compared with the first 9 months of 2020 and very slightly down compared with the same period in 2019 ( -1.6 % ) . Contacts LACROIX COO & Executive Vice - President Finance Nicolas Bedouin info@lacroix-group.com Tel .: +33 ( 0 ) 2 72 25 68 80 ACTIFIN Press Relations Jennifer Jullia jjullia@actifin.fr Tel .: +33 ( 0 ) 1 56 88 11 19 ACTIFIN Financial Communication Simon Derbanne sderbanne@actifin.fr Tel .: +33 ( 0 ) 1 56 88 11 14