(Boursier.com) — The group Lisa generated a turnover of 1.63 billion euros last year, up 14.4% compared to 2022, driven by sustained organic growth identical to that of 2022 (+ 15.5%) with increases in sales prices in its three sectors of activity.
The price effect is thus estimated at 91.6 ME (50.2 ME in 2022), linked to the partial passing on to customers of the impact of inflation on manufacturing costs. Current operating profit of €90.7 million is up slightly by 1.8% compared to 2022.
The current operating margin fell to 5.6% (6.3% in 2022) and the operating Free Cash Flow was positive at €22.2 million thanks to the good performance of the LISI AUTOMOTIVE and LISI MEDICAL divisions. Net profit stood at €37.5 million, down 34%. Financial costs, corresponding to the cost of long-term net debt, amounted to -20.4 ME (-6.7 ME in 2022), i.e. an average fixed interest rate of 4.5% (2.6 % in 2022).
The Board of Directors will propose for approval by the Ordinary General Meeting of shareholders to set the dividend at 0.31 Euro per share for the 2023 financial year (0.15 Euro in 2022).
Lisi intends to benefit this year from the positive dynamics of the various markets in which it is well positioned. In an environment where inflationary pressures are expected to reduce, the Group aims to improve its benchmark financial indicators: current operating profit and Free Cash Flow.
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