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Lectra Sees Strong FY 2016 Results as it Readies Itself for Industry 4.0

The next industrial era of automated factories and digital supply chains, also known as Industry 4.0, is upon us and Lectra is pioneering this high-tech shift with notable internal investments.

The technology solution provider’s fiscal 2016 results indicated strong growth in operational income and revenues. For fiscal 2016, Lectra’s revenues totaled $279.3 million, which was a 10 percent increase compared to 2015. New systems sales revenues increased by 14 percent ($121.4 million) and recurring revenues rose by seven percent ($157.8 million). Fiscal 2016 operational income increased by 18 percent and the operating margin was up one percentage point (14.3%) compared to 2015. Lectra’s 2016 net income also increased to $28.7 million, which was up $3.5 million from the year before.

Read more at Sourcing Journal.

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