SAINT HERBLAIN, FRANCE – Lacroix recorded revenue of €387.8 million ($409.9 million) in the first half of the year, up 14.6% from last year's first half.

The company cited strong sales momentum and a normalization of supply conditions for electronic components, combined with a favorable base effect in the first quarter of 2023, for the reasons behind the revenue growth.

Lacroix's Electronics division reported revenue of €294.9 million ($311.7 million) over the period, representing growth of 18.8%, despite the shortfall in earnings (in the order of €4-5 million) caused by the temporary shutdown of three sites following the cyber attack in May.

Its City segment's revenue rose by 4.3% to €53.66 million ($56.7 million), and its Environment segment's revenue grew 1.2% to €39.3 million ($41.5 million).