Lectra Sa · EURONEXT:LSS
Lectra Sa — 9M 2026 Earnings Presentation
19 slides from Lectra Sa's earnings presentation, October 2026
Slide 1: Q3 and 9M 2026 Financial results
Q3 and 9M 2026 Financial results . Daniel Harari, Chairman and CEO Olivier du Chesnay, Chief Financial Officer
Slide 2: Q3 and 9M 2026 results agenda
Q3 and 9M 2026 results • Q3 and 9M 2026 key highlights • Q3 and 9M 2026 results • Balance sheet and free cash-flow • 2026-2028 Financial objectives Lectra - Financial results Q3 and 9M 2026 2
Slide 3: Q3 and 9M 2026 key highlights
Sébastien Barrot en congé Q3 and 9M 2026 key highlights Persistent economic Strong structural EBITDA Solid balance sheet uncertainty margin growth Significant 9M cash flow Limited visibility on non- • Pricing discipline recurring revenues • Manufacturing Efficient working capital adjustment manageme
Slide 4: Q3 and 9M 2026 key highlights: Innovation
Q3 and 9M 2026 key highlights INNOVATION Continued investment in R&D, AI and new offers R&D APOGY AI Caron Technology 13.7% New product Internal acceleration 70% of equity of Q3 2026 Revenues Launched in September 2026 Acquired in August 2026 for €1.9m Supporting product innovation First cloud-based
Slide 5: Q3 and 9M 2026 results: basis of comparison
Q3 and 9M 2026 results • Q3 and 9M 2026 key highlights • Q3 and 9M 2026 results • Balance sheet and free cash-flow • 2026-2028 Financial objectives • Detailed comparisons between 2026 and 2025 are presented, unless otherwise indicated, at 2025 exchange rates, and excluding the perimeter effect of Ca
Slide 6: Recurring activity: Strong Q3 with €3.6m ARR
Recurring activity Q3 and 9M 2026 results Strong Q3 with €3.6m ARR 9M ARR growth of +8% Annual Recurring Revenues (ARR) In millions of euros +8% 9M 2026 ARR Growth +8% 106.5 Best quarter for ARR 105.2 106.5 +1.3 +3.6 +1.6 Launchmetrics regains 97.2 momentum in Q3 101.6 +2.8 TextileGenesis, Kubix Lin
Slide 7: Recurring activity: disappointing consumables and parts in Q3
Q3 and 9M 2026 results Recurring activity Disappointing consumables and parts activity in Q3 Growth of recurring contracts at 3% in 9M 2026 9M 2026 Recurring revenues 9M 285.0 +1% 79% Recurring revenues weight Recurring contracts Continued growth in recurring contract revenues, thanks to SaaS subscr
Slide 8: Non-recurring activity: Low Q3 equipment orders
Non-recurring activity Q3 and 9M 2026 results Low Q3 Equipment orders 9M Equipment orders decreasing 9% 9M 2026 Equipment orders* 9M 62.9 -9% €62.9m Equipment orders -10% 9M decrease coming from Q1 2025 2025 2026 high comparable basis 29.5 19.7 20.2 20.0 22.1 21.9 18.9 Q1 Q2 Q3 Q4 Q1 Q2 Q3 Market co
Slide 9: Q3 regional mix shows volatility in market quarterly trend
Non-recurring activity Q3 and 9M 2026 results Q3 regional mix shows volatility in market quarterly trend Over 9M, Americas and Europe growing while Asia-Pacific and Rest of World decreasing Equipment orders by region Europe Americas Q3 4.1 +68% Q3 5.4 -22% Asia-Pacific 9M 11.3 +9% Q3 7.9 -4% 9M 18.4
Slide 10: Fashion and Other Industries showing a better Q3 order intake
Q3 and 9M 2026 results Non-recurring activity Fashion and Other Industries showing a better Q3 order intake Automotive and Fashion equipment orders reflecting end markets difficulties Equipment orders by market Q3 9.4 +5% 4.2 -31% 1.5 -38% 3.7 +11% 9M 27.2 -15% 19.6 -22% 5.4 +32% 10.7 +40% 2026 Actu
Slide 11: Q3 non-recurring revenues decreased 7%
Non-recurring activity Q3 and 9M 2026 results Q3 non-recurring revenues decreased 7% 9M revenues down 21% 9M 2026 Non-recurring revenues 9M 76.2 -21% 21% Non-Recurring revenues weight Q3 26.6 -7% 20.2 4.2 2.2 Equipment -7% -3% -14% Training and consulting 9M non-recurring revenues decrease Other non
Slide 12: Group P&L: EBITDA growing 10% in Q3
Group P&L Q3 and 9M 2026 results EBITDA growing 10% in Q3 despite decline in revenues Net Income growing 10% over 9M thanks to optimizations 9M 2026 Q3 9M +10% Net income growth Revenues 121.6 -2% 361.3 -4% +1% -2% Gross margin rate up 190 bps Gross margin1 90.6 269.3 through pricing discipline and
Slide 13: Evolution of EBITDA before non-recurring items 9M 2025 – 9M 2026
Group P&L Q3 and 9M 2026 results Q3 results reinforce the structural impact of EBITDA contribution Lower non-recurring revenues explain the decrease of EBITDA over 9M Evolution of EBITDA before non-recurring items 9M 2025 – 9M 2026 In millions of euros -10.8 +9.1 61.6 3.6 59.8 5.5 57.1 0.7 -2.7 -11.
Slide 14: Q3 and 9M 2026 results agenda
Q3 and 9M 2026 results • Q3 and 9M 2026 Key highlights • Q3 and 9M 2026 results • Balance sheet and free cash-flow • 2026-2028 Financial objectives Lectra - Financial results Q3 and 9M 2026 14
Slide 15: Balance sheet and Free cash-flow
Balance sheet and Free cash-flow Strong free-cash flow generation and working capital improvement Free cash-flow* In millions of euros 2025 2026 €36.4m 9M 2026 Free cash-flow Q3 3.8 11.8 Free cash-flow performance demonstrates efficient cash 9M 36.9 36.4 collection execution and working capital opti
Slide 16: Limited net debt despite important cash-out
Balance sheet and Free cash-flow Limited net debt despite important cash-out Equity In millions of euros 31 December 2025 30 September 2026 €62.4m Net debt at Sep. 30th, 2026 360.3 347.9 Debt* In millions of euros 31 December 30 September 2025 2026 Limited net financial debt despite significant Fina
Slide 17: Q3 and 9M 2026 results agenda
Q3 and 9M 2026 results • Q3 and 9M Key 2026 highlights • Q3 and 9M 2026 results • Balance sheet and free cash-flow • 2026-2028 Financial objectives Lectra - Financial results Q3 and 9M 2026 17
Slide 18: 2026-2028 Financial objectives
2026-2028 Financial objectives 2026-2028 GUIDANCE 2026 UPDATE EBITDA SaaS ARR and Contribution from +15% recurring contract the structural margin ARR yearly growth revenues growth improvement to contributing to 5% to 8% +120 to 180 below ambitions in 2026 EBITDA margin yearly growth of recurring bps
Slide 19: Thank you
LeCTRA Thank you >