France's Lectra Q4 revenue falls

Lectra SA

11/02/2026 18:55

Overview

France industrial solutions provider's Q4 like for like revenue down 2% yr/yr

Like-for-like adjusted EBITDA for FY 2025 fell 8%

Outlook

Lectra forecasts like for like SaaS ARR growth of around 15% annually

Company targets 5% to 8% annual growth in recurring contract revenues

Lectra aims to increase EBITDA margin before non-recurring items of 120 to 180 basis points per year like-for-like

Result Drivers

SAAS SUBSCRIPTION GROWTH - SaaS subscriptions grew by 14%, driving an increase in recurring revenues

MARKET UNCERTAINTY - Political and commercial tensions led to reduced customer investments and lower equipment sales

STRATEGIC SHIFT - Co's focus on SaaS and R&D investments helped counteract tariff impacts and support business model

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
EUR 123.60 mln
EUR 125.16 mln (1 Analyst)
Q4 Net Income
EUR 7.30 mln
Q4 Adjusted EBITDA
EUR 18.10 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the it services & consulting peer group is "buy"

Wall Street's median 12-month price target for Lectra SA is €29.00, about 31.2% above its February 11 closing price of €22.10

The stock recently traded at 23 times the next 12-month earnings vs. a P/E of 23 three months ago

Press Release: ID:nGNE5jt7TD

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)