Lectra posts lower Q2 sales

03/08/2012

Lectra’s board of directors, chaired by André Harari, has posted lower sales and earnings for the second quarter of 2012.

Business conditions further weakened in the second quarter of 2012 and customers were increasingly hesitant to place new orders. Orders for new software licenses and CAD/CAM equipment were down 20% compared with Q2 2011 at EUR17.7 million.

Sales of spare parts and consumables were down 2% at EUR11.2 million, reflecting a contraction in customers’ production volumes. At EUR51.7 million, revenues were down 6%.

Revenues from new systems sales, at EUR23.4 million, were down 14%, while recurring revenues (EUR28.3 million) rose 1%.