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Electronics Production | June 23, 2009

Lacroix with turnover decline

The French group Lacroix saw its turnover decline by 5.1% to €121.6 Million for 1H/2009.

During the first half of fiscal year 2008/2009 (October 2008 / March 2009), each business unit was moderately impacted by thedeclining economy. • Signalisation: there has been a significant increase in orders; this should continue during the second half of the fiscal year. • Télégestion: seen a decline in its turnover, mainly in the export area (- 20%). Despite this, the outlook for the second half is comparable to that of last year. • Électronique: facing severe cuts related to specific markets; turnover comparable in the previous year, thanks to its acquisitions. This trend should be confirmed during the second half.
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