LECTRA 2023

Decline in revenues and EBITDA before non-recurring items in a very degraded environment. Strong improvement in the Group’s fundamentals

2023: Decline in revenues and EBITDA before non-recurring items in a very degraded environment. Strong improvement in the Group’s fundamentals

 Revenues: 477.6 million euros (-6%)*
 EBITDA before non-recurring items: 79.0 million euros (-15%)*
 Net income: 32.6 million euros (-26%)
 Free cash flow before non-recurring items: 45.3 million euros
 Dividend^**: €0.36 per share

* Like-for-like

** Proposed to the Annual Shareholders’ Meeting on April 26, 2024

In millions of euros	October 1 – December 31		January 1 – December 31
	2023	2022	2023	2022
Revenues	119.3	129.9	477.6	521.9
Change like-for-like (%)(1)	-5%		-6%
EBITDA before non-recurring items(2)	19.8	23.5	79.0	98.4
Change like-for-like (%)(1)	-8%		-15%
EBITDA margin before non-recurring items (in % of revenues)	16.6%	18.1%	16.5%	18.8%
Net income	7.7	8.4	32.6	43.8
Change at actual exchange rates (%)	-9%		-26%
Free cash flow before non-recurring items(2)	13.2	12.1	45.3	43.7
Shareholders’ equity(3)			417.9	452.2
Net cash (+) / Net financial debt (-)(3)			17.0	11.4

1. Like-for-like : 2023 figures restated at 2022 exchange rates
2. The definition for performance indicators appears in the Management Discussion of December 31, 2023
3. At December 31

Paris, February 14, 2024. Today, Lectra’s Board of Directors, chaired by Daniel Harari, reviewed the consolidated financial statements for the fiscal year 2023. Audit procedures have been performed by the Statutory Auditors. The certification report will be issued at the end of the Board of Director’s meeting of February 28, 2024.