Home / Knowledge / News / Information Technology / Lectra's H1 results surpass expectations
Lectra's H1 results surpass expectations
01
Aug '12
Mr. André Harari
Mr. André Harari
Lectra’s Board of Directors, chaired by André Harari, reviewed the consolidated financial statements for the first half of 2012, after a limited review by the Statutory Auditors.

Q2 2011: Orders Still Slowed by Persistently Weakened Economic Conditions Business conditions further weakened in the second quarter of 2012, and economic downturn in many developed and emerging countries.

Against this background, customers were increasingly hesitant to place new orders, with orders for new software licenses and CAD/CAM equipment down 20% compared to Q2 2011, at €17.7 million.

Sales of spare parts and consumables were down 2% at €11.2 million, reflecting a contraction in customers’ production volumes. Revenues (€51.7 million) were down 6% (–1% at actual exchange rates).

Revenues from new systems sales (€23.4 million) were down 14% while recurring revenues (€28.3 million) rose 1%.

Income from operations (€5.5 million) was down €3.1 million (–41%) and the operating margin decreased by 5.4 percentage points to 10.6%. At actual exchange rates, income from operations was down €1.9 million (-26%) and the operating margin decreased by 3.6 percentage points. Net income (€3.6 million) was down €1.5 million (–30%) at actual exchange rates.

Click here to read more details:

Lectra

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

New Pashmina Dehairing Plant to come up in Leh

A new Pashmina Dehairing Plant will be installed at Leh to increase...

Apparel/Garments | On 25th Mar 2017

Net sales at Christopher & Banks fall 10% in Q4

Net sales totalled $85.0 million for the fourth quarter ended January ...

Interviews View All

Shiladitya K Joshi
Truetzschler India Private Limited

India ITME provides a platform to interact with our stakeholders

Divyesh Mashruwala
Akshar Industries

Surat dominates foiling, embossing and pleating

Yash Agarwal
Hitansh Online

Every market region has its own culture and trends

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> is known for blending ...

Pranav Mishra
Huemn

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

news category


Related Categories:
March 2017

March 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search