LACROIX Group

Annual results 2019-2020. Proven resilience in the face of the crisis. On course to making the most of recovery.

Annual results 2019-2020
Proven resilience in the face of the crisis
On course to making the most of recovery

LACROIX (LACR - FR0000066607), an international technological equipment manufacturer, presents its results for the financial year 2019/2020.

As a reminder, following the change in the closure date, the financial year ran for an exceptional period of 15 months, from 1 October 2019 to 31 December 2020. As a result, it is not directly comparable to the previous 12-month financial year ended 30 September 2019. For the purpose of better comparability and for information, this press release therefore presents certain financial aggregates on a 12-month pro forma basis (from 1st January to 31 December 2020).

in millions of euros	2019-2020 15 months	2018/2019 12 months	Variation	2019/2020 12 months pro forma	Change
	01/10/19 - 31/12/20	01/10/18 - 30/09/19		01/01/20 - 31/12/20
Revenue	566.3	481.6	+17.6%	441.0	-8.4%
EBITDA	34.6	28.9	19.7%	26.1	-9.6%
as a % of revenue	6.1%	6.0%	+10bp	5.9%	-10bp
Current operating profit	20.1	20.8	-3.0%	14.4	-30.6%
as a % of revenue	3.6%	4.3%	-70bp	3.3%	-100bp
Operating profit	19.1	16.3	+16.8%
Financial income	(1.7)	(1.0)	-62.2%
Income taxes	(5.7)	(4.2)	-35.9%
Consolidated net income	11.7	11.1	+5.4%
Net income - Group share	11.0	10.6	+3.7%

A turnaround in activity from the fourth quarter