Growth for Lectra
Cutting technology provider Lectra has reported revenues of €392.1 million for the first nine months of this year.
This figure represents growth of 50% year on year, but Lectra has also calculated that if three acquisitions it made in 2021 had begun contributing to the group’s revenues from the start of last year, growth in the first nine months of 2022 would still have been 14%.
In the course of last year, it acquired Gerber Technology, Neteven, and Gemini CAD Systems. It completed these deals, respectively, in June, July and September last year.
Lectra said that altering its comparisons to “facilitate analysis of the results”. It said the increase had come despite the impact of the war in Ukraine and of the lockdown measures in China.