| Paris-based
Lectra has reported its revenues for fiscal 2003 totaled 184.7 million euros,
up 8 percent at constant exchange rates over the previous year. Of this
total, 105.2 million euros came from sales of new systems, representing
a 14-percent increase over 2002. Net income, 7.4 million euros, was double
that of 2002; and net cash, 52.4 million euros, set a record for the company.
Lectra said revenues from the Asia-Pacific
region increased 38 percent, compared with a 5-percent increase from North
America and a decline of 5 percent from Europe.
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