Brief: Lectra Q4 Revenue Down At 65.6 Million Euros

Lectra SA

10/02/2021 17:48

Feb 10 (Reuters) - LECTRA SA  LECS.PA :
    * FY NET INCOME: 17.6 MILLION EUROS (-40%)
    * 2020: STRONG RESILIENCE IN EARNINGS AND FREE CASH FLOW,
DESPITE
THE CONSEQUENCES OF THE HEALTH CRISIS
    * DIVIDEND EUR 0.24 PER SHARE
    * Q4 REVENUES (65.6 MILLION EUROS) DECREASED BY 8%
    * MOST OF OBJECTIVES OF 2020-2022 STRATEGIC ROADMAP REMAIN
UNCHANGED
    * Q4 INCOME FROM OPERATIONS BEFORE NON-RECURRING ITEMS (10
MILLION
EUROS) WAS UP 5%
    * LECTRA HAS ADDED A FIFTH STRATEGIC PRIORITY FOR ITS
2020-2022
STRATEGIC ROADMAP: "TO CAPTURE ALL SYNERGIES ARISING FROM
ACQUISITION OF GERBER TECHNOLOGY."
    * FREE CASH FLOW: 25.2 MILLION EUROS
    * ORDERS DOWN OVERALL, STRONG GROWTH IN SOFTWARE
SUBSCRIPTION
SALES
    * ENTERED 2021 WITH PARTICULARLY SOLID OPERATING
FUNDAMENTALS AND
AN EVEN MORE ROBUST BALANCE SHEET.
    * HAS SET OBJECTIVES OF ACHIEVING 2021 REVENUES IN RANGE OF
250 TO
263 MILLION EUROS (+9% TO +17% LIKE-FOR-LIKE) AND INCOME FROM
OPERATIONS BEFORE NON-RECURRING ITEMS IN RANGE OF 27 TO 34
MILLION EUROS (+27% TO +60% LIKE-FOR-LIKE)
    * BASED ON ORDER BACKLOG AT DECEMBER 31, 2020, REVENUES AND
INCOME
FROM OPERATIONS BEFORE NON-RECURRING ITEMS FOR Q1 OF 2021 ARE
EXPECTED TO BE SUBSTANTIALLY HIGHER THAN THOSE REPORTED FOR Q1
OF 2020

Source text for Eikon:  ID:nNDL9XNHfX 
Further company coverage:  LECS.PA 

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