Announcement • Apr 10
LACROIX Group SA, Annual General Meeting, May 13, 2026 LACROIX Group SA, Annual General Meeting, May 13, 2026. Location: 17 rue oceane, saint herblain France Reported Earnings • Apr 03
Full year 2025 earnings released Full year 2025 results: Revenue: €445.5m (down 30% from FY 2024). Net income: €16.3m (up €34.4m from FY 2024). Profit margin: 3.7% (up from net loss in FY 2024). The move to profitability was driven by lower expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 8.4% growth forecast for the Electronic industry in the United Kingdom. Announcement • Apr 02
LACROIX Group SA Provides Earnings Guidance for the Year 2026 and Confirms Earnings Guidance for the Year 2027 LACROIX Group SA provided earnings guidance for the year 2026 and confirmed earnings guidance for the year 2027. For 2026, the Group expects to deliver moderate revenue growth. This objective will be underpinned by: (i) an Electronics activity benefiting from favorable market dynamics in Avionics & Defense and a stabilization of the Automotive, HBAS and Industry segments; and (ii) following nearly 15% growth in 2025, a stabilization of the Environment activity, despite a temporarily slower French Smart Lighting market due to the usual wait-and-see situation in a municipal election year.
For 2027, the Group confirms a target revenue range of EUR 475 million – EUR 500 million. Announcement • Feb 11
LACROIX Group SA Confirms Earnings Guidance for the Year 2027 LACROIX Group SA confirmed earnings guidance for the year 2027. For the year, the group confirms its target revenue between €475 million and €500 million. Announcement • Nov 08
LACROIX Group SA Provides Earnings Guidance for the Full Year 2025 LACROIX Group SA provided earnings guidance for the full year 2025. For Fourth Quarter 2025, LACROIX expects continued strong momentum in Environment, supported by robust market positioning, and stability in Electronics, benefiting from a favorable base effect. For the full year, the Group remains on track to achieve its targets of around €455 million in revenue. Reported Earnings • Oct 05
First half 2025 earnings released First half 2025 results: Revenue: €227.9m (down 35% from 1H 2024). Net income: €12.0m (up €11.3m from 1H 2024). Profit margin: 5.3% (up from 0.2% in 1H 2024). Revenue is expected to decline by 5.6% p.a. on average during the next 3 years, while revenues in the Electronic industry in the United Kingdom are expected to grow by 6.1%. Announcement • Oct 02
Lacroix Group SA Provides Earnings Guidance for the Full Year 2025 LACROIX Group SA provided earnings guidance for the full year 2025. For the year, the Group expects full-year revenue of around €455 million (-4% on a comparable scope excluding Road Signs segment). Announcement • Apr 09
LACROIX Group SA, Annual General Meeting, May 16, 2025 LACROIX Group SA, Annual General Meeting, May 16, 2025. Location: 17 rue oceane, saint herblain France Announcement • Apr 03
LACROIX Group SA Provides Earnings Guidance for the Year 2025 LACROIX Group SA provided earnings guidance for the year 2025. The company expects its revenue of around €600 million. Reported Earnings • Apr 01
Full year 2024 earnings released: €7.21 loss per share (vs €0.91 profit in FY 2023) Full year 2024 results: €7.21 loss per share (down from €0.91 profit in FY 2023). Revenue: €635.5m (down 17% from FY 2023). Net loss: €18.1m (down €22.3m from profit in FY 2023). Revenue is forecast to stay flat during the next 2 years compared to a 5.7% growth forecast for the Electronic industry in the United Kingdom. Buy Or Sell Opportunity • Mar 05
Now 21% overvalued Over the last 90 days, the stock has fallen 11% to €8.62. The fair value is estimated to be €7.12, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Meanwhile, the company became loss making. Revenue is forecast to decline by 15% in a year. Earnings are forecast to decline by 126% in the next year. Announcement • Jan 23
LACROIX Group SA to Report First Half, 2025 Results on Sep 30, 2025 LACROIX Group SA announced that they will report first half, 2025 results on Sep 30, 2025 Announcement • Jan 08
LACROIX Group SA to Report Fiscal Year 2024 Results on Mar 31, 2025 LACROIX Group SA announced that they will report fiscal year 2024 results at 12:00 PM, Central European Standard Time on Mar 31, 2025 Announcement • Dec 13
Lacroix in Talks to Sell Its City-Mobility Business LACROIX Group SA (ENXTPA:LACR) announced that it has started discussions on the sale of its city-mobility segment to Austrian traffic technology group SWARCO AG. The targeted operations include the Traffic and V2X businessunits, which booked EUR 27.3 million (USD 28.6 million) in revenue in 2023, making up for 3.6% of the group's total revenue. They employ 122 people across the French sites of Carros, Ploufragan and Cesson, as well as a Spanish site in Madrid. Negotiations follow the announcement of the French firm’s plan to sell the business in May. A divestment will complete Lacroix’ strategic refocusing on its two high-potential activities -- electronics and environment. Lacroix and Swarco expect to finalise a transaction in the first quarter of 2025. Financial details were not provided. Valuation Update With 7 Day Price Move • Aug 06
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to €20.40, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 15x in the Electronic industry in the United Kingdom. Total loss to shareholders of 47% over the past three years. Board Change • May 23
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Director Pierre Tiers was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • May 15
LACROIX Group SA Reiterates Earnings Guidance for the Year 2024 LACROIX Group SA reiterated earnings guidance for the year 2024. The company expects its revenue to exceed €710 million in 2024, up slightly on the 2023 level excluding the Road Signs segment (i.e. €702 million). The current EBITDA margin is expected to exceed its 2023 level, within a range of 5.5% to 6.5%. Declared Dividend • Apr 15
Dividend reduced to €0.70 Dividend of €0.70 is 13% lower than last year. Ex-date: 12th July 2024 Payment date: 16th July 2024 Dividend yield will be 2.7%, which is higher than the industry average of 1.6%. Sustainability & Growth Dividend is covered by both earnings (77% earnings payout ratio) and cash flows (17% cash payout ratio). The dividend has increased by an average of 3.4% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 201% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Apr 04
Full year 2023 earnings released Full year 2023 results: Revenue: €761.2m (up 7.6% from FY 2022). Net income: €4.30m (down 64% from FY 2022). Profit margin: 0.6% (down from 1.7% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to stay flat during the next 3 years compared to a 4.7% growth forecast for the Electronic industry in the United Kingdom. Board Change • Mar 21
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Director Pierre Tiers was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Mar 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Director Pierre Tiers was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jan 17
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Director Pierre Tiers was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Dec 18
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Director Pierre Tiers was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Dec 16
LACROIX and AIAC Enter into Exclusive Negotiations for Sale of Road Signs Business Unit LACROIX Group SA (ENXTPA:LACR) announced that it has entered into exclusive negotiations with the North American industrial investment firm AMERICAN INDUSTRIAL ACQUISITION CORPORATION (AIAC) with a view to selling its Road Signs Business Unit (8% of LACROIX revenue by 2022). This announcement follows the communication of February 9, 2023 in which LACROIX expressed its desire to find a buyer for this business, in order to focus its investments on its strategic markets around industrial IoT and electronic equipment. Announcement • Nov 09
LACROIX Group SA Provides Earnings Guidance for the Year 2023 LACROIX Group SA provided earnings guidance for the year 2023. For the year, the company remains confident in exceeding a revenue of €750 million on a like-for-like basis, i.e. an increase of at least 6%. Valuation Update With 7 Day Price Move • Oct 05
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to €31.20, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 18x in the Electronic industry in the United Kingdom. Reported Earnings • Oct 01
First half 2023 earnings released: EPS: €1.20 (vs €0.83 in 1H 2022) First half 2023 results: EPS: €1.20 (up from €0.83 in 1H 2022). Revenue: €387.8m (up 15% from 1H 2022). Net income: €5.60m (up 44% from 1H 2022). Profit margin: 1.4% (up from 1.1% in 1H 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Electronic industry in the United Kingdom. Board Change • Sep 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. Independent Director Pierre Tiers was the last director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Announcement • Aug 29
Lacroix Group Sa Provides Earnings Forecast for the Year 2023 and 2025 LACROIX Group SA provided earnings forecast for the year 2023 and 2025. For the 2023, the company confirm its financial targets for 2023, with revenue over €750 million on a like-for-like basis, i.e. an increase of at least 6%. For the 2025, the company expects financial targets set out in the Leadership 2025 plan have been confirmed, in particular the targets for revenue (€800 million) and EBITDA margin (around 9%). Announcement • May 10
LACROIX Group SA Provides Revenue Guidance for the Fiscal Year 2023 LACROIX Group SA provided revenue guidance for the fiscal year 2023. With this very positive start to the year, the company is maintaining its annual targets. The group anticipates a revenue of over €750 million on a like-for-like basis, i.e. growth of at least 6%. Board Change • Mar 08
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Hugues Meili was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Feb 21
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Hugues Meili was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 01
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Hugues Meili was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 28
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Hugues Meili was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Oct 01
First half 2022 earnings released: EPS: €0 (vs €0.80 in 1H 2021) First half 2022 results: EPS: €0. Revenue: €338.4m (up 166% from 1H 2021). Net income: €3.90m (up 36% from 1H 2021). Profit margin: 1.2% (down from 2.3% in 1H 2021). Revenue is forecast to grow 7.6% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Electronic industry in the United Kingdom. Board Change • Sep 21
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Hugues Meili was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment deteriorated over the past week After last week's 15% share price decline to €31.50, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 21x in the Electronic industry in the United Kingdom. Total loss to shareholders of 34% over the past year. Board Change • Jul 04
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Hugues Meili was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • May 06
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Hugues Meili was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 11
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Hugues Meili was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Feb 10
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 9 experienced directors. No highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Hugues Meili was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Board Change • Jan 03
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Hugues Meili was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Oct 04
Investor sentiment deteriorated over the past week After last week's 21% share price decline to €36.40, the stock trades at a forward P/E ratio of 14x. Average forward P/E is 31x in the Electronic industry in the United Kingdom. Simply Wall St's valuation model estimates the intrinsic value at €58.70 per share. Board Change • Aug 31
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 8 experienced directors. No highly experienced directors. 3 independent directors (4 non-independent directors). Independent Director Hugues Meili was the last independent director to join the board, commencing their role in 2018. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Jul 03
Upcoming dividend of €0.68 per share Eligible shareholders must have bought the stock before 09 July 2021. Payment date: 13 July 2021. Trailing yield: 1.4%. Lower than top quartile of British dividend payers (4.0%). Higher than average of industry peers (1.0%).