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Lectra (FRA:LET) Policy Acquisition Expense


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What is Lectra Policy Acquisition Expense?

Policy Acquisition Expense only applies to insurance companies.


Lectra (FRA:LET) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Lectra (FRA:LET) » Definitions » Policy Acquisition Expense
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Address
16-18, Rue Chalgrin, Paris, FRA, 75016
Lectra is engaged in the design and development of software, CAD/CAM equipment, and associated services designed for industries using fabrics, leather, technical textiles, and composite materials to manufacture products. The company serves fashion and apparel, automotive, and furniture markets, as well as other industries, such as aeronautical, marine and wind power industries. It operates in Europe, the Americas, the Asia-Pacific, and internationally of which the majority of its revenue is derived from the Europe region.