Brief: Lectra Q4 Operating Margin Down At 14.3 Percent

Lectra SA

12/02/2018 16:45

Feb 12 (Reuters) - LECTRA SA  LECS.PA : 
    * Q4 NET INCOME EUR 9.2 MILLION VERSUS EUR 7.9 MILLION 
YEAR AGO 
    * Q4 OPERATING INCOME EUR 10.2 MILLION VERSUS EUR 10.7 
MILLION 
YEAR AGO 
    * Q4 REVENUE EUR 71.5 MILLION FROM EUR 69.4 MILLION YEAR 
AGO 
    * Q4 OPERATING MARGIN 14.3 PERCENT VERSUS 15.4 PERCENT 
YEAR AGO 
    * TO PROPOSE 2017 DIVIDEND OF EUR 0.38 PER SHARE 
    * CONFIRMS INTENTION TO PROCEED TO ONE OR SEVERAL ADDITIONAL 
TARGETED ACQUISITIONS IN 2018 OR 2019 
    * 2017-2019 ROADMAP: REPLACES ANNUAL RECURRING OPERATING 
MARGIN 
TARGET WITH "GROWTH IN OPERATING MARGIN EQUAL TO OR GREATER THAN 
REVENUE GROWTH" IN 2018 AND 2019 
    * SEES LFL REVENUE GROWTH OF 6 PERCENT TO 10 PERCENT IN 2018 
    * ANTICIPATES NON SIGNIFICANT IMPACT OF ACQUISITION OF KUBIX 
LAB 
ON ITS 2018 RESULTS 
    * IN 2017 REALIZED FIRST SOFTWARE SALES IN SAAS MODE WITH 
INTENTIONALLY LIMITED NUMBER OF CLIENTS 
    * SEES LFL RECURRING OPERATING RESULT GROWTH OF 7 PERCENT TO 
15 
PERCENT IN 2018 
    * COMPANY HAS NOT HEDGED ITS CURRENCY EXPOSURE FOR 2018 
    * SAAS SALES CORRESPOND TO TOTAL ANNUAL SUBSCRIPTIONS OF EUR 
0.3 
MILLION 
 
Source text:  urn:newsml:reuters.com:*:nGNE88fCGV 
Further company coverage:  LECS.PA  
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 09 20;))