Cutting technology and design software provider Lectra has reported revenues of €123.7 million for the first three months of 2023, up by 1.4% compared to the same period last year.

The company said its results had been affected by slower global growth, persistent inflation, and rising interest rates. It added that the first quarter of 2023 had been marked by “a wait-and-see attitude” on the part of customers around the world with regard to their investment decisions.

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