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Lectra: net income down a quarter in 2023

( - Lectra has reported a 26% drop in net income to E32.
6m and a 15% decline in recurring EBITDA (on a comparable basis) to E79m, representing a margin that fell 2.3 percentage points to 16.5%.

At E477.6m, sales for the specialist in solutions for working with flexible materials were down 6% on a comparable basis, but with a recurring portion up 6% to represent 68% of the total.

A dividend of E0.36 per share will be proposed for 2023. Lectra has set itself a target for 2024, based on its 2023 consolidation scope, of sales of between E480m and E530m and recurring EBITDA of between E85m and E107m.

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