LACROIX Group (LACR) Q3 2026 TU earnings summary

Executive summary

• Q3 2026 revenue rose 3.2% YoY to €110.4m, with Electronics returning to growth and Environment continuing to expand.

• 9M revenue increased 3.2% YoY to €345.6m; 2026 targets and the 2027 roadmap were reaffirmed.

Financial highlights

• Q3 revenue was €110.4m versus €107.0m in Q3 2025, up 3.2%; 9M revenue was €345.6m versus €335.0m, also up 3.2%.

• 9M Electronics revenue was €229.0m, down 0.4% YoY; Environment revenue was €116.6m, up 10.9%.

Outlook and guidance

• 2026 targets confirmed: revenue above €455m, EBITDA margin above 9%, and net debt/EBITDA below 2.0x.

• H2 2026 outlook: slight Electronics growth; Environment expected to grow, but at a significantly slower pace than in H1.

• 2027 targets reiterated: revenue of €475m–€500m, EBITDA margin above 8%, and net debt/EBITDA below 2.0x.