LACROIX Group Reports First Half 2024 Earnings

LACROIX Group (EPA:LACR) First Half 2024 Results

Key Financial Results

• Revenue: €350.3m (down 9.7% from 1H 2023).
• Net income: €700.0k (down 88% from 1H 2023).
• Profit margin: 0.2% (down from 1.4% in 1H 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

LACROIX Group Earnings Insights

Looking ahead, revenue is expected to decline by 1.5% p.a. on average during the next 3 years, while revenues in the Electronic industry in France are expected to grow by 24%.

Performance of the French Electronic industry.

The company's shares are down 6.8% from a week ago.

Risk Analysis

It is worth noting though that we have found 3 warning signs for LACROIX Group (1 makes us a bit uncomfortable!) that you need to take into consideration.

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