Lectra Q1 sales hit by end of textile quotas
France-based global supplier and developer of software and hardware dedicated to industrial users of textiles, leather, and other soft materials, Lectra, has reported that results for the first quarter saw the company’s sales close to break even as it stated that sales of new systems were especially hard-hit by the abolition of textile quotas as of January 1, 2005.
Orders for new software licenses and equipment had decreased by 30% compared with the same period in 2004. There was a growth in orders for new systems from
Lectra is present across a broad array of major markets, including fashion and apparel; luggage & leather goods; footwear; furniture & furnishings; and the automotive, aerospace, and marine industries. With a staff of 1,600 worldwide, Lectra serves more than 17,000 customers in over 100 countries.