Log in
Forgot password ?
Become a member for free
Sign up
Sign up
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Euronext Paris  >  Lectra    LSS   FR0000065484


News SummaryMost relevantAll newsSector newsTweets 

LECTRA : announces the launch of DesignConcept Furniture V2R3, its 3D/2D design and virtual prototyping solution for furniture

share with twitter share with LinkedIn share with facebook
share via e-mail
04/23/2012 | 06:17pm CEST
FOR IMMEDIATE RELEASE Contact - Lectra Headquarters / Press Dept.: Nathalie Fournier-Christol

Email: [email protected]
Tel.: +33 (0)1 53 64 42 37 - Fax: +33 (0)1 53 64 43 40

Lectra announces the launch of DesignConcept Furniture V2R3, its 3D/2D design and virtual prototyping solution for furniture A real lever to optimize processes, this new version meets the requirements of the most demanding furniture manufacturers Paris, April 23, 2012 - Lectra, the world leader in integrated technology solutions dedicated to industries using soft materials-textiles, leather, industrial fabrics, and composite materials-is pleased to announce the launch of DesignConcept Furniture V2R3, its innovative solution for designing and developing 3D/2D products, dedicated to the furniture industry.

Dominated by China, the world's leading exporter, the furniture market has become extremely competitive. To keep customers and increase their market share, manufacturers must review their product development processes to combine permanent innovation, quick commercialization, and optimized costs.
Developed for this rapidly changing sector, DesignConcept Furniture is the most comprehensive 2D/3D design and virtual prototyping solution on the market. It enables manufacturers to respond quickly to biddings from retailers and any other professional, who requires furniture, while providing them with a larger choice of styles, designs, materials and colors, to facilitate their arbitrations. DesignConcept Furniture facilitates the estimation of costs on the basis of a 3D virtual model and limits the number of actual, very expensive, manufactured prototypes during design reviews. Last but not least, it enables manufacturers to study the technical feasibility of a model to ensure rapid development and impeccable quality.
"Top of the range furniture brands, such as specialized distribution chains, are looking for new economic models to combine creativity and competitiveness, in a sector that is recently facing globalization" said Daniel Harari, Lectra CEO. "Associated with Lectra's fabric and leather cutting room solutions, DesignConcept Furniture meets the challenges of furniture manufacturers, composed mostly of integrated design and manufacturing companies. By reducing the development phase by 30-50%, this new version enables them to increase their competitive advantage by reducing the cost of implementation and the timeframe for marketing products. It is a perfect tool for taking decisions".

DesignConcept Furniture V2R3: from designing to manufacturing models

With DesignConcept Furniture V2R3, manufacturers can develop a virtual model from designers' sketches, and then optimize its style, technical feasibility, and cost; before even making the first prototype. DesignConcept Furniture significantly reduces the number of actual prototypes needed during the validation phase. Preliminary assessments include the estimation of fabric or leather consumption, but also
of wood or foam for structure, as well as labor and the complete list of supplies required for the lining.
lectra.com 1/2
Furthermore, DesignConcept Furniture helps shorten the time to market thanks to integrated management of associated technical specifications; any changes made to the model are automatically postponed in the documentation (bill of materials, sewing plans, assembly line...). DesignConcept Furniture enables manufacturers to limit the number of iterations, while meeting their quality requirements.
Part of Lectra's comprehensive solutions, from design to production, DesignConcept Furniture comes with specific service offers.

Àbout Lectra

Lectra is the world leader in integrated technology solutions that automate, streamline and accelerate product design, development and manufacturing processes for industries using soft materials. Lectra develops the most advanced specialized software and cutting systems and provides associated services to a broad array of markets including fashion (apparel, accessories, footwear), automotive (car seats and interiors, airbags), furniture, as well as a wide variety of other market sectors, such as aeronautical and marine industries, wind power and personal protective equipment. Lectra serves 23,000 customers in more than 100 countries with 1,350 employees and $287 million in 2011 revenues. The company is listed on NYSE Euronext.

For more information, please visit www.lectra.com

lectra.com 2/2

distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
Latest news on LECTRA
05/16 LECTRA : supports world-leading automotive supplier’s airbag operations la..
05/03 LECTRA : ex-dividend day for annual dividend
04/27 LECTRA : First Quarter 2017 Financial Results
04/27 LECTRA : Q1 2017: Strong Growth in Orders, Revenues and Earnings
04/27 LECTRA : Q1 2017: Strong Growth in Orders, Revenues and Earnings
04/27 LECTRA : First quarter 2017 financial report available
04/25 LECTRA : helps automotive suppliers leverage Industry 4.0 opportunity
04/25 LECTRA : Lectra helps automotive suppliers leverage Industry 4.0 opportunity
04/12 LECTRA : Lectra delivers Industry 4.0 to athletic footwear market with VectorFoo..
04/11 LECTRA : delivers Industry 4.0 to athletic footwear market with VectorFootwear l..
More news
Sector news : IT Services & Consulting - NEC
12:51p Italy lags sluggish European shares as political worries weigh
05/26 BA and Iberia plan third-party booking surcharge, Amadeus shares hit
05/19DJSERVICENOW : Correction to Update of Salesforce Sees Revenue Gains Article
05/19DJSALESFORCE COM : Eases Revenue Worries -- WSJ
More sector news : IT Services & Consulting - NEC
Financials (€)
Sales 2017 286 M
EBIT 2017 42,1 M
Net income 2017 30,5 M
Finance 2017 95,9 M
Yield 2017 1,47%
P/E ratio 2017 27,92
P/E ratio 2018 24,98
EV / Sales 2017 2,61x
EV / Sales 2018 2,33x
Capitalization 841 M
More Financials
Duration : Period :
Lectra Technical Analysis Chart | LSS | FR0000065484 | 4-Traders
Full-screen chart
Technical analysis trends LECTRA
Short TermMid-TermLong Term
Technical analysis
Income Statement Evolution
More Financials
Mean consensus OUTPERFORM
Number of Analysts 3
Average target price 25,8 €
Spread / Average Target -4,1%
Consensus details
EPS Revisions
More Estimates Revisions
Daniel Harari Chief Executive Officer & Director
André Harari Chairman
Véronique Zoccoletto Chief Information & Human Capital Officer
Laurent Alt Director-Software Research & Development
Anne Binder Independent Director
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
ACCENTURE PLC4.92%79 525
VMWARE, INC.22.96%39 372
More Results