Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
The latest announcement is out from Les Constructeurs du Bois SA ( (FR:MLLCB) ).
Les Constructeurs du Bois (LCB), a leader in the eco-construction sector, has reported a 55.8% increase in revenue for 2024, reaching €23.3 million. This growth is attributed to successful block sales to institutional landlords and strategic expansion in the Vosges region, despite a national decrease in housing starts. The company’s focus on wood construction and environmental compliance has strengthened its market position, with major sales to national housing players and a solid order book of over 60 projects. Looking ahead, LCB is confident about its 2025 prospects, planning to extend its reach in the Vosges and South of France, deliver key projects, and enhance partnerships, backed by its multidisciplinary design expertise.
More about Les Constructeurs du Bois SA
Founded in 2011 by François DUCHAINE, Les Constructeurs du Bois (LCB) specializes in wood eco-construction with expertise in senior residences and medical homes in the Grand Est of France. The company is expanding into intergenerational eco-neighborhoods and achieved a revenue of €23.3M in 2024, up 55.8% from 2023.
YTD Price Performance: 13.79%
Average Trading Volume: 286
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €14.14M
Find detailed analytics on MLLCB stock on TipRanks’ Stock Analysis page.