Brief: Lectra Q1 Net Income Up At 9.3 Million Euros

Lectra SA

28/04/2022 16:17

April 28 (Reuters) - Lectra SA  LECS.PA :
    * Q1 2022: STRONG GROWTH IN ORDERS, REVENUES AND EARNINGS
    * Q1 REVENUES: 122.0 MILLION EUROS (+83%)
    * Q1 EBITDA BEFORE NON-RECURRING ITEMS: 21.6 MILLION EUROS
(+90%)
    * Q1 NET INCOME: 9.3 MILLION EUROS (+55%)
    * END Q1 FREE CASH FLOW BEFORE NON-RECURRING ITEMS: 7.1
MILLION
EUROS
    * HAS SET ITSELF OBJECTIVES OF ACHIEVING, IN 2022, REVENUES
IN THE
RANGE OF 508 TO 556 MILLION EUROS (+31% TO +43%)
    * HAS SET ITSELF OBJECTIVES OF ACHIEVING, IN 2022, EBITDA
BEFORE
NON-RECURRING ITEMS IN THE RANGE OF 92 TO 104 MILLION EUROS
(+41% TO +60%)
    * THE CONSEQUENCES OF THE WAR IN UKRAINE AND THE STRICT
LOCKDOWN
MEASURES IN CHINA REMAIN UNCERTAIN  AND COULD ADVERSELY AFFECT
THE GROUP'S BUSINESS AND RESULTS FOR THE REMAINDER OF 2022.
    * GROUP'S DIRECT EXPOSURE TO UKRAINE AND RUSSIA IS LOW; THE
CONTRIBUTION OF THESE TWO COUNTRIES IN 2021 ACCOUNTED FOR LESS
THAN 1 PERCENT OF REVENUES
    * INFLATION, ENERGY SHORTFALLS, MATERIAL SHORTAGES: THE
IMPACT OF
THESE FACTORS ON  THE GROUP'S FINANCIAL STATEMENTS SHOULD REMAIN
LIMITED, DUE TO LOW EXPOSURE TO ENERGY COSTS AND TO THE PRICES 
OF THOSE RAW MATERIALS AFFECTED THE MOST.

Source text: https://bit.ly/3Lqof5T
Further company coverage:  LECS.PA 

 (Gdansk Newsroom)
 ((gdansk.newsroom@thomsonreuters.com; +48 58 7696600;))