LACROIX : First-quarter 2024 Revenue of €186.3 Million (-4.4%), Marked by a High Comparative Base for Electronics and Continued Strong Momentum for City and Environment Divisions.
LACROIX : First-quarter 2024 Revenue of €186.3 Million (-4.4%), Marked by a High Comparative Base for Electronics and Continued Strong Momentum for City and Environment Divisions.
13/05/2024
13/05/2024
First-quarter 2024 revenue of €186.3 million (-4.4%),
marked by a high comparative base for Electronics
and continued strong momentum for City and Environment divisions
2024 年第一季度收入为 1.863 亿欧元(-4.4%),
以电子产品的较高比较基础为标志
城市和环境部门继续保持强劲势头
Sales and profitability targets for 2024 confirmed
2024年的销售和盈利目标已确定
Revenue in millions of euros | Q1 2024 | Q1 2023 | Change |
Electronics activity |
138,4 | 152,5 | -9,2% |
City activity | 26,0 | 23,3 | +11,5% |
Environment activity | 21,8 | 18,9 | +15,4% |
Total | 186,3 | 194,8 | -4,4% |
Excl. Road Signs Segment (sold April 30, 2024) | 174,2 | 182,7 | -4,7% |
收入单位:百万欧元 | 2024 年第一季度 | 2023年第一季度 | 改变 |
电子活动 |
138,4 | 152,5 | -9,2% |
城市活动 | 26,0 | 23,3 | +11,5% |
环境活动 | 21,8 | 18,9 | +15,4% |
总计 | 186,3 | 194,8 | -4,4% |
不包括。路标部分(2024 年 4 月 30 日出售) | 174,2 | 182,7 | -4,7% |
First quarter in line with expectations
第一季度符合预期
As of March 31, 2024, LACROIX posted a revenue of €186.3 million, compared with €194.8 million a year earlier.
As a reminder, revenue had risen by 17.9% in the first quarter of 2023, driven by a strong recovery for the Electronics division following a period of disruption to component supplies. On this highly challenging basis of comparison, sales for Q1 2024 were down 4.4%. It should be noted that the Group sales in Q1 2024 were up by 12.8% on Q1 2022.
截至2024年3月31日,拉克鲁瓦公布的收入为1.863亿欧元,而去年同期为1.948亿欧元。
提醒一下,2023年第一季度收入增长了17.9%,这得益于电子部门在组件供应中断一段时间后强劲复苏。在这个极具挑战性的比较基础上,2024年第一季度的销售额下降了4.4%。值得注意的是,该集团在2024年第一季度的销售额比2022年第一季度增长了12.8%。
Taking into account a positive currency effect of +3.6 M€, mainly due to the appreciation of the Polish zloty, revenue at constant exchange rates(1), was down by 6.2%.
考虑到+360万欧元的积极货币效应,主要是由于波兰兹罗提的升值,按固定汇率计算的收入(1),下跌了6.2%。
Excluding the Road Signs, a segment in the process of being sold during the period, LACROIX sales were down 4.7% in the first quarter of 2024, at €174.2 million.
不包括路标(该细分市场在此期间正在出售),拉克鲁瓦的销售额在2024年第一季度下降了4.7%,至1.742亿欧元。
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(1) At constant exchange rates : the currency effect is calculated by applying the exchange rates of the previous period to the revenue of the current period.
(1) 以恒定汇率:货币效应是通过将上一期的汇率应用于当期收入来计算的。
Continued strong momentum for City and Environment divisions
城市和环境部门继续保持强劲势头
Electronics
电子产品
The Electronics division reported a revenue of €138.4m, down 9.2% on the first quarter of 2023. This period had been marked by an exceptional performance for Electronics (+24.9%), particularly in the Automotive sector, due to improved supply conditions for electronic components after several quarters of tension.
电子部门报告的收入为1.384亿欧元,比2023年第一季度下降9.2%。这一时期的特点是电子产品表现出色(+24.9%),尤其是在汽车行业,这是由于在经历了几个季度的紧张局势之后电子元件的供应条件有所改善。
In EMEA, where this base effect is particularly significant (+32.7% growth in Q1 2023), business in the Automotive and HBAS (Home & Building Automation Systems) sectors declined in Q1 2024. The Industry sector is at break-even, buoyed by the ramp-up of several new programs (notably in the Symbiose plant), while the Avionics sector continues to enjoy very strong growth.
在欧洲、中东和非洲,这一基本效应尤其明显(2023年第一季度增长32.7%),汽车和HBAS(家居和楼宇自动化系统)行业的业务在2024年第一季度有所下降。在几项新项目(尤其是Symbiose工厂)的增加的推动下,工业行业处于盈亏平衡,而航空电子行业继续保持非常强劲的增长。
Across the Atlantic, sales at LACROIX Electronics North America were virtually stable over the period
(-1.3% cc), in line with the Group's expectations for the subsidiary in the process of recovery.
横跨大西洋,拉克鲁瓦电子北美的销售额在此期间几乎保持稳定
(-1.3% cc),符合集团对正在复苏的子公司的预期。
City
城市
With a revenue of €26.0m in the first quarter of 2024, the City activity is once again posting strong growth (+11.5%). It continues to be driven by the remarkable performance of the Street Lighting segment (>20%), in line with the trend for fiscal 2022 and 2023 (+27.1% and +15.1% respectively).
该市在2024年第一季度的收入为2600万欧元,再次实现强劲增长(+11.5%)。它继续受到街道照明板块(超过20%)的出色表现的推动,与2022财年和2023财年的趋势(分别增长27.1%和+15.1%)一致。
It should be noted that the sale of the Road Signs segment to AIAC (American Industrial Acquisition Corporation) takes effect on April 30, 2024, at which time it will be removed from the Group's scope of consolidation.
值得注意的是,向AIAC(美国工业收购公司)出售路标板块将于2024年4月30日生效,届时它将从集团的合并范围中移除。
Environment
环境
The division continued its very positive momentum in the first quarter of 2024. Following annual growth of 9.1% and 8.1% over the last two years, the business posted a 15.4% increase in the first quarter, with a total revenue of €21.8 million. The performance of the Environment activity, which is benefiting from favorable structural trends across all segments, was driven over the period by the Water segment in France and internationally, as well as by the Smart Grids segment.
该部门在2024年第一季度继续保持非常积极的势头。继过去两年分别增长9.1%和8.1%之后,该业务在第一季度增长了15.4%,总收入为2180万欧元。在此期间,环境活动的表现受益于所有细分市场的有利结构趋势,受益于法国和国际水资源板块以及智能电网板块。
Annual targets confirmed: growth and improved operating profitability
年度目标得到确认:增长和运营盈利能力的提高
After a start to the year in line with Group expectations, the second quarter of 2024 should once again be marked by contrasting trends. On the one hand, momentum looks set to be very positive in the City and Environment activities; on the other, the Electronics activity will continue to be impacted by an unfavorable base effect, albeit less pronounced than in the first quarter, as well as ongoing slow trends in the automotive and HBAS sectors. Thereafter, in the second half of 2024, LACROIX expects a more favorable business trend.
在年初符合集团预期之后,2024年第二季度将再次呈现出对比鲜明的趋势。一方面,城市和环境活动的势头似乎将非常乐观;另一方面,电子业务将继续受到不利的基本效应的影响,尽管没有第一季度那么明显,以及汽车和HBAS行业的持续缓慢趋势。此后,拉克鲁瓦预计在2024年下半年将出现更有利的业务趋势。
For the year as a whole, the Group reiterates the targets announced at the time of publication of its annual results. Excluding the Road Signs segment, LACROIX 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%.
就全年而言,集团重申在公布年度业绩时宣布的目标。不包括路标板块,拉克鲁瓦预计其收入将在2024年超过7.1亿欧元,比不包括路标板块(即7.02亿欧元)的2023年水平略有增长。目前的息税折旧摊销前利润率预计将超过2023年的水平,在5.5%至6.5%之间。
Upcoming reports
Revenue for the second quarter and first half of 2024: 23 july 2024 after market closes
即将发布的报告
2024 年第二季度和上半年的收入:市场收盘后 2024 年 7 月 23 日
Visit our investor relations page to find financial information
访问我们的投资者关系页面查找财务信息
About LACROIX
关于 LACROIX
Convinced that technology must contribute to simple, sustainable, and safer environments, LACROIX supports its customers in developing more sustainable living ecosystems, thanks to useful, robust, and secure electronic equipment and connected technologies.
As a listed, family-owned midcap with a €761 million euros revenue in 2023, LACROIX combines agile innovation, industrialization capacity, cutting-edge technological know-how and a long-term vision to meet environmental and societal challenges through its three activities: Electronics, City and Environment.
Ranked among the TOP 50 EMS worldwide, the Electronics activity of LACROIX, the Group's industrial backbone, designs and manufactures electronic functions and industrial IoT (hardware, software, and cloud) and AI solutions, for the automotive, industrial, connected homes and buildings (HBAS), avionics and defense, and healthcare sectors.
Through its City and Environment activities, LACROIX also supplies secure and connected electronic equipment and IoT solutions to optimize the management of critical infrastructures such as smart road infrastructures (public lighting, traffic management and C-ITS, passenger transport systems) and the remote control of water and energy infrastructures (Smart Grids and HVAC).
Drawing on its experience and technological and business expertise, LACROIX works with its customers and partners to bridge the gap between today's world and tomorrow's. The Group supports them in building the industry of the future and benefiting from the innovation opportunities that surround them, by bringing them the electronic equipment and IoT solutions for a more sustainable world.
LACROIX坚信技术必须为简单、可持续和更安全的环境做出贡献,借助有用、坚固和安全的电子设备和互联技术,支持其客户开发更可持续的生活生态系统。
作为一家上市的家族企业中型企业,2023年收入为7.61亿欧元,LACROIX将敏捷创新、工业化能力、尖端技术知识和长期愿景相结合,通过其三大业务来应对环境和社会挑战:电子、城市和环境。
集团的工业支柱 LACROIX 的电子业务位居全球前 50 强 EMS 之列,为汽车、工业、互联家居和建筑 (HBAS)、航空电子和国防以及医疗保健领域设计和制造电子功能和工业物联网(硬件、软件和云)和人工智能解决方案。
通过其城市与环境活动,LACROIX还提供安全和互联的电子设备和物联网解决方案,以优化关键基础设施的管理,例如智能道路基础设施(公共照明、交通管理和C-ITS、客运系统)以及水和能源基础设施的远程控制(智能电网和暖通空调)。
凭借其经验以及技术和业务专业知识,LACROIX 与其客户和合作伙伴合作,弥合当今世界与未来世界之间的差距。集团通过为他们提供电子设备和物联网解决方案,支持他们建设未来的行业,并从周围的创新机会中受益,为他们提供电子设备和物联网解决方案,以实现更可持续的世界。
Contacts LACROIX COO & Executive VP Finance Nicolas Bedouin investors@lacroix.group 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 Marianne Py mpy@actifin.fr Tel.: +33 (0)6 88 78 59 99 |
联系人 拉克鲁瓦 首席运营官兼财务执行副总裁 尼古拉斯·贝都因 investors@lacroix.group 电话:+33 (0) 2 72 25 68 80 |
ACTIFIN 新闻关系 詹妮弗·朱莉娅 jjullia@actifin.fr 电话:+33 (0) 1 56 88 11 19 |
ACTIFIN 财务沟通 Marianne Py mpy@actifin.fr 电话:+33 (0) 6 88 78 59 99 |
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