Lalique Group: Subdued result for the year 2016
February 15, 2017
Zurich, 15 February 2017 - Lalique Group SA (BX: LLQ), which focuses on the creation, development, marketing and worldwide distribution of luxury goods, has decided to recognise an extraordinary valuation adjustment of EUR 1.7 million in its 2016 annual accounts. After a challenging year for the luxury goods industry, the company expects an EBIT of approximately EUR 3.5 million for 2016, based on provisional, unaudited figures. The publication of the full-year 2016 results is scheduled for 27 March 2017.