Brief: Lectra Q3 Recurring EBITDA Grows To 20.1 Million Euros

Lectra SA

27/10/2021 17:44

Oct 27 (Reuters) - Lectra SA  LECS.PA :
    * THIRD-QUARTER 2021 RESULTS
    * Q3 2021 REVENUE OF EUR 115.3 MILLION
    * REVENUES, RECURRING OPERATING INCOME, AND RECURRING EBITDA
FOR
LECTRA 2020 PERIMETER SHOULD BE AT THE HIGH END OF THE TARGETS
REVISED ON JULY 29
    * Q3 2021 RECURRING EBITDA EUR 20.1 MILLION INCREASED BY 76%
AT
ACTUAL EXCHANGE RATES AND THE RECURRING EBITDA MARGIN WAS 17.5%
    * HAS SET ITSELF THE OBJECTIVE OF RECOVERING IN 2022 THE
AGGREGATE
REVENUES GENERATED BY LECTRA  AND GERBER TECHNOLOGY IN 2019,
WHICH AMOUNTED TO EUR 482 MILLION
    * Q3 NET INCOME EUR  7.9 MILLION VERSUS EUR 6.6 MILLION YEAR
AGO
    * Q3 FREE CASH FLOW AT EUR 19.3 MILLION VS EUR 8.5 MILLION
YEAR
AGO
    * AIMS TO ACHIEVE A CURRENT EBITDA MARGIN OF BETWEEN 17% AND
20%
FOR 2022 BY ADDING THE EXPECTED SYNERGIES TO THE OPERATING
PERFORMANCE OF BOTH GROUPS

Source text for Eikon:  ID:nNDLbmc82Y 
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