Press release
Belfort, February 16, 2012LISI REPORTS SIGNIFICANT IMPROVEMENT IN RESULTS FOR 2011
Sales revenue increase 19.1% to €925 M
Strong organic growth: +13.8%
Dynamic performance from the Aerospace Division in Europe
Solid results for the Automotive Division
Return to profitability confirmed
EBIT: €76.6 M (+ 54.9 %) (…)The Group’s activities are now more evenly balanced: LISI AEROSPACE accounts for 44% of consolidated sales, LISI AUTOMOTIVE for 48% and LISI MEDICAL for 8%.
Return to profitability confirmed
LISI AEROSPACE Fasteners was the main contributor to the improvement in the results, after a substantial decline in 2010, along with LISI MEDICAL, to a lesser extent. LISI AUTOMOTIVE reported a slight downturn despite an increase in activity (up €45 M) (…)
