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Home Management

Positive results for the LNE

By Contrôles Essais Mesures
March 16, 2022
in Management, Measures
Reading time: 2 min
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While the year 2021 remains marked by the health crisis, the LNE has a largely positive balance sheet with an operating result of 5.1 million euros. These results are achieved thanks to the strategy deployed for several years and the robustness of the LNE's business model. The involvement of the employees and their skills were important factors in the adaptability of the laboratory.

After a 2020 financial year that ended with a result higher than estimated despite the health crisis

(+€1.6 million), the LNE continued its momentum and was able to take full advantage of the economic recovery. The rebound in activity recorded in the second half of 2020 was confirmed during 2021 and made it possible to achieve revenue growth of up to 10% this year.  The merchant sector posted a surplus of €5.2 million, the best result ever achieved, and contributed €2.1 million to public sector financing, representing 4.9% of merchant turnover.

LNE's businesses in full growth: their progress compared to the 2020 financial year

Testing: a turnover of €11.3 million, up 10%
Certification: a turnover of €12.2 million, up 10%
Metrology: revenue of €17.3 million, up 8.4%
Training: a turnover of €1.17 million up +55%

Redistribution and reinvestment

These good results allowed the incentive to be triggered at its maximum level, i.e. 6% of the wage bill, and made it possible to recruit 31 employees on permanent contracts. These results have also made it possible to invest heavily, to the tune of €8.2 million, in scientific equipment, test facilities and infrastructure. These investments have also been amplified by the successes achieved under the France Relance plan.

The aid obtained allows the LNE to also invest significantly to reduce its carbon impact. The energy renovation of the Trappes buildings, which represents half of the investment budget, was able to be started at the end of 2021. This renovation is part of the commitments made by the LNE on the protection of the environment and the climate.

"These results allow us to continue to support and encourage innovation, the historic vocation of the LNE, which celebrated its 120th anniversary this year. Committed to a dynamic path, the LNE is dedicated to preparing for the future by strengthening its investment policy and research activities," says Thomas Grenon, Director General of the LNE.

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