LACROIX Reports Q2 Financial Performance

LACROIX’s revenue in the 2nd quarter amounted to €173.2 million – an increase of 36.2% compared with
the 2nd quarter of 2021, and an acceleration in growth compared with the 1st quarter of 2022 (+29.4%). At
constant scope, LACROIX recorded a growth in revenue of 8.1%. This growth is mainly due to the
continuation of good market momentum for the Environment Activity and Electronics Activity, and the
impact of passing on the increase in procurement costs for certain components in selling prices.
In line with expectations, LACROIX recorded a revenue of €338.4 million in the 1st half of 2022, up 32.8%
with regard to the comparable period and 3.7% at constant scope – a satisfactory performance, given the
current economic situation.


Electronics Activity
Driven by the integration of Firstronic and a dynamic market despite supply-related difficulties, the
Electronics Activity was up 55.3% in the 2nd quarter alone (+11.3% at constant scope) at €126.0 million.
In addition to additional procurement costs for certain components being passed on, it also benefited from
the good performance of the home & building and industrial sectors, as well as a stabilization in the
aeronautics sector.
During this half-year, revenue from the Electronics Activity rose by 47.9% to €248.2 million (+3.8% at
constant scope)


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