SAINT-HERBLAIN, FRANCE – Lacroix's €707.8 million ($767.2 million) in revenue for 2022 represented a 41.1% jump from 2021's total of €501.5 million ($543.6 million).
That increase was driven by the successful integration of Firstronic, whose contribution amounted to €163.1 million ($174.8 million) for the financial year, the company said in a release.
Lacroix's Electronics segment's revenue amounted to €522.2 million ($566 million), up 62.5%, while its City segment saw stable growth for the year to total €109.1 million ($118.3 million). Its Environment segment saw 9.1% growth to reach €76.4 million ($82.8 million) for the year.
For 2023, Lacroix is aiming for a revenue of more than €750M at constant scope, i.e. a growth of at least 6%.