Lectra : Strong 2024 guidance showing that the low point in order intake is past
>Orders down for the sixth consecutive quarter in Q4 (no surprise) - Lectra reported yesterday results in line with our expectations at operating level, but below them on the bottom line (one-offs). Order intake was down as expected in Q4 (for the sixth consecutive quarter), but less sharply than we had expected (-19% vs -30%e and after a 29% decline over the first 9 months). The comparison base is also becoming less demanding. Orders for new SaaS subscriptions were t...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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