News

Lucy Group makes strategic progress in 2015

Lucy Group makes strategic progress in 2015

The Lucy Group has announced a strong set of financial results for the year ending 31 December 2015, with sales growth of 35% compared to 2014. Turnover for the year stood at a record £217m (2014: £161m) with the gains driven mainly by organic growth… Read more >

Lucy Group ranks amongst top R&D spenders in EU

Lucy Group ranks amongst top R&D spenders in EU

Lucy Group has been named amongst the top 1,000 EU based research and development spending companies. Based on the latest published financial results, Lucy Group (reporting under its holding company WL Shareholding) has been placed 907th on the EU… Read more >

W Lucy & Co Ltd announces its acquisition of the GridKey business from Selex ES Ltd

W Lucy & Co Ltd announces its acquisition of the GridKey business from Selex ES Ltd

W Lucy & Co Ltd announced today it has acquired all Selex's business interests in GridKey, an award winning low voltage (LV) monitoring system, developed by Selex ES Ltd* in collaboration with Sentec Ltd. Following the acquisition, GridKey will… Read more >

Lucy Electric funds community projects in India

Lucy Electric funds community projects in India

As part of its ongoing commitment to corporate responsibility (CR), Lucy Group's India based subsidiary has announced it will fund the construction of two new classrooms at a primary school in Kota Maida Village, Baroda. The project will also see… Read more >

W Lucy & Co acquires Crompton Greaves' (CG) equity interests in CG Lucy Switchgear Ltd

W Lucy & Co acquires Crompton Greaves' (CG) equity interests in CG Lucy Switchgear Ltd

W Lucy & Co Ltd has today announced it has acquired all CG's equity interests in CG Lucy Switchgear Ltd, an Indian company.Following the acquisition, the company will be wholly owned by W Lucy & Co Ltd and will form part of the Group's medium… Read more >

Lucy Group delivers another year of growth in 2014

Lucy Group delivers another year of growth in 2014

The Group is pleased to be reporting another strong set of results for the year ended 31 December 2014. Sales growth was 6% at a record £161m (2013: £152m), whilst market conditions strengthened, particularly over the last quarter. Lucy Real Estate… Read more >