Strategy and business model
Continuing to focus on the long term, the Lectra 3.0 strategy initiated in late 2009 demonstrates, year after year, its relevance and further strengthens the company’s business model. In five years, Lectra has renewed almost all of its offer, bolstered its premium positioning, increased its lead over competitors and won market share. The company’s transformation plan, supported by €50 million in investments for the future over the 2012-2015 period, enables it to meet the challenges of shifting global economic balances and seize the resulting opportunities.
5 strategic objectives
Accentuate technological leadership and the strong value of the product and service offer Strengthen the competitive position and long-term relationships with customers Accelerate organic growth and preserve cash for future acquisitions Boost profitability by regularly increasing the operating margin Generate free cash flow serving to finance future growth
COMPLETELY SELF-FINANCED DEVELOPMENT
A stable entrepreneurial shareholder structure for sustainable and profitable growth
A zero-debt company
Sustainable dividend payment policy
Cash preserved for future acquisitions
Lectra is a great entrepreneurial adventure. The clear vision of the two executive directors—who hold 37% of its capital—and the energy deployed to constantly reinvent the company allow Lectra to seize opportunities while keeping risks under control. This determined, committed management approach ensures strong growth and high profitability over the long term. Lectra’s strong financial fundamentals and stable shareholder structure enable it to allocate significant investments to R&D, infrastructure, and human capital every year.
LECTRA — 2014 ANNUAL REPORT