SAINT-HERBLAIN, FRANCE – Lacroix announced revenue of €193 million ($208 million) for the second quarter, an increase of 11.4% from the second quarter of 2022.

For the first half of the year, the company's revenue reached €387.8 million ($418.5 million), up 14.6% from the first six months of 2022.

The company's Electronics segment saw revenue rise by 13% to €142.4 million ($153.7 million), despite the temporary shutdown of production at three sites in France (Beaupréau), Germany (Willich) and Tunisia (Zriba), following a cyber attack, which resulted in a loss of business in the range of €4 million to €5 million ($4.3 million to $5.4 million). The company said it expects the shortfall in sales to be recovered in the second half of the year.

Lacroix's City segment revenue rose by 8.2% , and its Environment segment's revenue rose by 5.9% for the quarter. As a whole, the company said it expects full-year revenue of more than €750 million ($809.4 million), which would represent an increase of at least 6%.

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