LECTRA

First nine months of 2023: decline in revenues and EBITDA before non-recurring items in a very degraded environment

First nine months of 2023: decline in revenues and EBITDA before non-recurring items in a very degraded environment

• Revenues: 358.3 million euros (-7%)*
• EBITDA before non-recurring items: 59.2 million euros (-17%)*
• Net income: 24.9 million euros (-30%)
• Free cash flow before non-recurring items: 32.1 million euros
• 2023 outlook: revised revenues – confirmation of EBITDA before non-recurring items
  
  

        *Like-for-like

In millions of euros	July 1 – September 30		January 1 – September 30
	2023	2022	2023	2022
Revenues	118.7	141.2	358.3	392.1
Change like-for-like (%)(1)	-11%		-7%
EBITDA before non-recurring items(2)	23.9	29.7	59.2	74.9
Change like-for-like (%)(1)	-10%		-17%
EBITDA margin before non-recurring items (in % of revenues)	20.1%	21.0%	16.5%	19.1%
Net income	11.0	15.2	24.9	35.4
Change at actual exchange rates (%)	-27%		-30%
Free cash flow before non-recurring items(2)	15.5	16.9	32.1	31.6

(1)  Like-for-like: 2023 figures restated at 2022 exchange rates
(2)  The definition of the key performance indicators is shown in the September 30, 2023 Financial Report

Paris, October 25, 2023. Today, Lectra’s Board of Directors, chaired by Daniel Harari, reviewed the consolidated financial statements for the third quarter and first nine months of 2023, which have not been reviewed by the Statutory Auditors.