LECTRA

Q1 2024: growth in revenue and EBITDA before non-recurring items

Q1 2024: growth in revenue and EBITDA before non-recurring items

• Revenues: 129.6 million euros (+5%)*
• EBITDA before non-recurring items: 21.1 million euros (+7%)*
• Net income: 6.7 million euros (-9%)
• Free cash flow before non-recurring items: 22.0 million euros (x 2.4)*

*At actual exchange rates

In millions of euros	January 1 – March 31
	2024(1)	2023
Revenues	129.6	123.7
Change at actual exchange rates (en %)	5%
EBITDA before non-recurring items (2)	21.1	19.7
Change at actual exchange rates (en %)	7%
EBITDA margin before non-recurring items (in % of revenues)	16.3%	16,0%
Net income	6,7	7.3
Change at actual exchange rates (en %)	-9%
Free cash flow before non-recurring items (2)	22.0	9.2
Shareholders’ equity (3)	341.6	417.9
Net cash (+) / Net financial debt (-)(3)	-18.8	17.0

(1)  The 2024 amounts include Launchmetrics since January 23, 2024
(2)  The definition for performance indicators appears in the Management Discussion of December 31, 2023
(3)  At December 31 and March 31 2024

Paris, April 24, 2024. Today, Lectra’s Board of Directors, chaired by Daniel Harari, reviewed the unaudited consolidated financial statements for the first quarter of 2024. These financial statements include those of Launchmetrics, which have been consolidated since January 23, 2024.

To facilitate the analysis of the Group's results, the accounts of Lectra excluding Launchmetrics (the "Lectra 2023 scope") and those of Launchmetrics are analyzed separately.

1- SUMMARY FOR Q1 2024

The macroeconomic environment remained highly challenging in the first quarter, with limited visibility and an extremely heterogeneous situation across markets.

Q1 2024 revenues (129.6 million euros) was up compared to Q1 2023. EBITDA before non-recurring items (21.1 million euros) increased by 7% and the EBITDA margin before non-recurring items was 16.3%.