Lectra : Resolutely cautious message over Q4 against a negative backdrop, but signals remain positive
>Highlights from yesterday’s conference call - On Wednesday evening, Lectra published Q3 results that were down yoy, although there was a marked improvement from a sequential point of view (see our equity flash published yesterday). Our takeaways from the conference call are as follows: Management pointed out during the conference call that the marked improvement in orders, sales and margins in Q3 could be confirmed in Q4. Nevertheless, this trend remains depende...Lectra markets full-line solutions comprising the sale of software, CAD/CAM equipment and associated services (technical maintenance, support, training, consulting, sales of consumables and spare parts). Co. addresses an array of global markets, including fashion (apparel, accessories, and footwear), automotive (car seats and interiors, airbags), and furniture, as well as other industries, such as the aeronautical and marine industries. Its technology enables its customers to design, develop and manufacture their products (garments, seats, airbags, etc.). For the fashion industry, Co.'s software applications also enable the management of collections and cover the entire product lifecycle.
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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