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2016-05-12

LECTRA: Lectra's automotive leather conference ushers in the new paradigm of leather cutting room digitalization

FOR IMMEDIATE RELEASE

Lectra's automotive leather conference ushers in the new paradigm of leather
cutting room digitalization

Leading experts share industry insight

on the theme "Go Digital: Increasing Flexibility in the Automotive Leather
Value Chain"

Paris, May 12,
2016 -
Lectra, the world leader in integrated technology solutions dedicated to
industries using fabrics, leather, technical textiles and composite
materials, recently hosted a global conference on the future of automotive
leather. Over 60 attendees, including decision-makers from more than 20
countries, gathered at Lectra's International Advanced Technology and
Conference (IATC) center in Bordeaux-Cestas to discuss the impact of digital
transformation on the automotive leather value chain.

Under the banner "Go Digital: Increasing Flexibility in the Automotive Leather
Value Chain", the event brought together expert analysts and high-profile
market leaders to deliver industry insight on the new paradigm of leather
cutting room digitalization. Presentations covered wide-ranging topics,
including worldwide light vehicle production forecasts, the sustainability
and short-term market outlook of bovine leather, and the benefits of
leveraging technology to stay apace of automotive interior design trends.

The automotive leather industry is currently undergoing significant change as
it catches up with other areas of vehicle manufacturing well on their way to
Automotive Industry 4.0, the digital transformation of manufacturing
processes. By sharing industry insight and facilitating dialogue, the event
aimed to deliver additional value to Lectra's customers and all of the
stakeholders in the automotive leather ecosystem.

For Giancarlo Dani, CEO of the Italian tannery Dani, making the transition to
digital processes requires a reliable partner with the right expertise and
keen understanding of the business. "At Dani, we cut up to 1,080 hides per
day," remarks Giancarlo Dani. "Fifty percent of our revenue comes from our
automotive leather business. Lectra's automotive solutions are a major
business enabler. We consider Lectra to be the most innovative, professional
partner in leather cutting solutions, with a fully dedicated team of
experts."

According to Gérard Payen, Program Director, New Espace, Renault, carmakers
now need to view leather interiors as a source of value instead of a cost
center. "Consumers today expect more amenities, styling and comfort than ever
before," he observes. "To remain competitive, carmakers need to keep up with
the design trends fueling steadily growing demand for high-end leather
interiors. Technology can therefore play a pivotal role in boosting leather
value creation."

In his leather market forecast, Ronan Noizet, Senior Analyst, European Light
Vehicle Production Forecasts, IHS Automotive, pointed out that automotive
supply business opportunities abound not only in mature markets, but above
all in emerging markets with high potential for growth despite uncertain
economic prospects. These include India, Southeast Asia and China. In his
view, aligning with the right OEMs will be key to remaining competitive in
such quickly changing markets. "The mega-platform manufacturing trend will
continue to concentrate the markets, meaning that a greater number of
high-volume orders will go to a smaller number of players. It's therefore
crucial to grow alongside the OEMs and cover the entire production
footprint."

In addition to bringing attendees face-to-face with leading industry figures,
the conference enabled professionals from all areas of the automotive leather
Industry to gather with their peers and exchange views on business challenges
and manufacturing issues.

The discussions clearly articulated the value creation made possible by
digital technologies in an industry still characterized by labor-intensive,
predominantly manual processes. "The automotive leather industry has reached
a turning point," observes Céline Choussy Bedouet, Chief Marketing Officer,
Lectra. "Given the increasing prevalence of digitalization throughout every
phase of the automotive manufacturing value chain, OEMs, suppliers and
tanners have every interest in meeting the challenges of business
transformation head-on by embracing digitalization of the automotive leather
value chain."

About Lectra

Lectra is the world leader in integrated technology solutions (software,
automated cutting equipment, and associated services) specifically designed
for industries using fabrics, leather, technical textiles, and composite
materials to manufacture their products. It serves major world markets:
fashion and apparel, automotive, and furniture as well as a broad array of
other industries. Lectra's solutions, specific to each market, enable
customers to automate and optimize product design, development, and
manufacturing. With more than 1,500 employees, Lectra has developed
privileged relationships with prestigious customers in more than 100
countries, contributing to their operational excellence. Lectra registered
revenues of $264 million in 2015 and is listed on Euronext.

For more information, please visitwww.lectra.com

Contact - Lectra Headquarters / Press Dept.:
Nathalie Fournier-Christol

E-mail:n.fournier-christol@lectra.com
Tel.: +33 (0)1 53 64 42 37 - Fax: +33 (0)1 53 64 43 40

Lectra Auto Leather Event 2016_press release
http://hugin.info/143494/R/2012130/745228.pdf

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This announcement is distributed by NASDAQ OMX Corporate Solutions on behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: LECTRA via Globenewswire

HUG#2012130

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