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LSS — Lectra SA News Story

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Lectra shares jump on 'excellent' Q4 FCF, 'attractive' outlook

** Shares in Lectra  LECS.PA  jump 7.5% after the French IT
services and consulting company posted FY results on Wednesday,
including "excellent" free cash flow (FCF) and "attractive"
outlook
    ** Reported an almost 70% jump of its FCF to 22.1 million
euros at the end of Q4
    ** Q4 sales of 132.5 million and EBITDA of 22.6 million were
broadly in line, says Midcap Partners
    ** Lectra sees 2025 revenues between 550 and 600 million
euros, with an EBITDA margin close to 20%     
    ** "The positive surprise came from excellent cash
generation," says the brokerage
    ** "A solid publication with an outlook (in terms of growth,
operating leverage and cash generation) which remains
attractive," it adds
    ** Stock tracks its best day since end-October, if gains
hold

 (Reporting by Hugo Lhomedet)
 ((Hugo.Lhomedet@thomsonreuters.com;))

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