Today, Lectra’s Board of Directors, chaired by André Harari, reviewed the consolidated financial statements for the fiscal year 2016. Audit procedures have been performed by the Statutory Auditors. The certification report will be issued at the end of the Board of Directors meeting of February 23, 2017. (Comparisons between 2016 and 2015 are like-for-like, unless stated otherwise).
Q4 2016: Strong Growth in Orders for New Systems
Following a 15% increase in the first nine months, compared to the same period in 2015, orders for new systems (€35.2 million) are up 10%, compared to Q4 2015, which had already registered a high level of orders. This quarterly level of orders is a record high for the Company.
Revenues (€69.4 million) increased by 11% (+12% at actual exchange rates).
Income from operations (€10.7 million) is up 17% (+21% at actual exchange rates). The operating margin (15.4%) increased by 0.9 percentage point (+1.2 percentage points at actual exchange rates).
Net income (€7.9 million) is up €0.5 million (+7%) at actual exchange rates.
Free cash flow was €7.6 million (€6.7 million in Q4 2015)
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