Lectra sets its sights on the future
French textile and leather design and production systems specialist, Lectra, has outlined its “strategy of conquest” for the next decade.
Speaking earlier this month on the occasion on the company’s 30th anniversary, chief executive officer Daniel Harari said the company now had the resources to finance “vigorous, sustainable double-digit organic growth.”
One of the company’s main priorities would be to increase its operating margin to 15% by 2007, Harari said, and to “seize external growth opportunities.” Key objectives would be to consolidate its position in
In the financial year 2002/03 Lectra generated revenues of $200 million, three times those of the market number three and 30% more than its main competitor.
