07/23/2026
The LISI Group announces a significant improvement in its results for the 1st half of 2026, ahead of schedule
• Revenue growth driven by strong activity across all segments of the aerospace market,
• Improved profitability ahead of schedule: current operating margin of 11.3%, supported by significant productivity gains and the increasing value of the product portfolio in both divisions,
• Half-year EBIT exceeded €100 million for the first time,
• FCF remains positive, with capacity investments and inventory levels tailored to support the acceleration of business at the LISI AEROSPACE division and thereby secure customer deliveries.
• 2026 targets confirmed driven by high-stakes projects: improvement for the fourth consecutive fiscal year of key financial indicators, including current operating income, as well as, once again, the generation of a positive Free Cash Flow*.
LISI AEROSPACE
• Significant revenue growth driven by strong activity across all segments of the aerospace market and market share gains,
• Improved manufacturing productivity following the high level of hiring in recent years and the implementation of plans to optimize production flows,
• Positive operating Free Cash Flow amid a rise in work-in-progress inventory to meet the sharp increase in demand from the division’s major customers.
LISI AUTOMOTIVE
• Decline in global production among the division’s major customers,
• Market share gains driven by strong momentum in new product order intake,
• Temporary effects related to the industrial reorganization following the shutdown of manufacturing operations at the Puiseux-Pontoise site (France).
OUTLOOK
The Group reaffirms its ambition to improve its key financial indicators for the fourth consecutive year in 2026 - most notably recurring operating income - and to generate positive operating Free Cash Flow.
The Group’s longer-term cross-functional strategic initiatives - automation, robotization, digitalization, new products, capacity investments, and rationalization of its geographic footprint - will support the expansion of production capacity, the enhancement of the portfolio’s value, and improved productivity. Given their implementation timelines, learning curves, and the need to adapt industrial resources to program development, their rollout could temporarily moderate operational leverage without undermining the strength of the Group’s current trajectory.
Building on solid financial fundamentals, the LISI Group reaffirms its ability to strengthen its global positions in its high-value-added businesses over the long term.
