(Boursier.com) — The Group Lisa continues its growth with an increase of +11.9% in its turnover to 449.3 million euros in the 1st quarter of 2024. This quarter, it is mainly driven by aeronautics.
Lisi Aerospace recorded +26.4% growth, driven mainly by strong demand from the entire aeronautical sector. Lisi Automotive fell by -1.2%, but nevertheless recorded good resistance for the division in a context of decline in global customer production. Lisi Medical fell by -6.9%, in a context of normalization of demand with the adjustment of stocks in the supply chain.
Outlook
The Lisi Group should benefit, in 2024, from the strong positive dynamics of the aeronautical market in which it is well positioned, and benefit from order intake for new products with high added value and innovative solutions responding to changing customer needs. in its 3 divisions.
The major point of attention of the exercise will focus on the capacity to adapt the means of production to fluctuating customer demand and to ensure the continuity of programs.
In an environment where inflationary pressures are reducing, the Group confirms the objective set on February 22, when publishing the 2023 annual results, namely the improvement of its benchmark financial indicators: current operating profit and Free Cash Flow.
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