Lucibel: 5th French Tech Company with Highest 5-year Revenues Growth

RUEIL-MALMAISON, France and PARIS, December 2, 2014 /PRNewswire/ --

Lucibel, specialist of LED lighting solutions, received prizes at the Deloitte Technology Fast 50  and PME Finance/ Morningstar Futur 40 events dedicated to the fastest growing French tech companies.

Lucibel was rewarded as the 5^th company in France and the 20^th company in EMEA (Europe, Middle-East, Africa) with the highest revenues growth at the Deloitte Technology Fast 50 thanks to the strong growth of its sales (+ 6 199 %) over the last five years.

Also, Lucibel was awarded the "growth champions" SME Finance/Morningstar Futur 40 prize recognizing the 40 companies listed on Euronext Paris that achieved the strongest revenues growth over the last three years, all markets segments included. Lucibel achieved 6th position as well as the best performance in the "Technology" sub category with average yearly revenues growth of 80%.

"We are honoured to see Lucibel awarded prizes at two major events that, every year, put forward the drive and the innovation of French companies. Following substantial investments on the LED lighting market, 2015 will be a breakthrough year in Lucibel's development with continuous growth of its activities and achievement of EBITDA (1) breakeven," Frédéric Granotier, Lucibel CEO

1. Operating profit on ordinary activities restated for non-monetary income and expenses (notably net depreciation, amortisation and provisions, payments in shares) 

About Lucibel:

LUCIBEL is an innovative French company which designs next-generation lighting products and solutions based on the LED technology which are marketed in about 30 countries. For more information, please visit our website http://www.lucibel.com

About Technology Fast 50:

For 12 years, Technology Fast 50 has been promoting and putting forward the development of high tech companies combining growth and innovation.

The competition is open to all companies that satisfy all the following criteria:

   •  French independent company;

   •  Patent holder or dedicating at least 5% of its revenues to Research & Development and operating on one of the following market segments: 1) Biotechnology and Life Science, 2) Telecommunications and Networks, 3) Hardware, 4)     Internet, 5) Semiconductors and Electronic Components, 6) Medias and Entertainment, 7) Software and IT Services, 8) Greentech; E-commerce, Consulting and Training services, Communications and Media agencies and Consultancy firms that did not develop proprietary technologies are not eligible;

   •  Created before January 1st 2009 and with at least four 12 month accounting periods;

   •  With minimum 50,000.00 euros revenues in 2009.

Lucibel is listed on Alternext Paris / Mnemo: ALUCI / ISIN: FR0011884378 

Lucibel is PEA PME and FCPI eligible 

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https://www.linkedin.com/company/lucibel

 

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