LISI Group reported revenue of €468 million in the first quarter of 2026, up 10.9% on a constant currency and scope basis

The LISI Group’s revenue increased by 5.9% in the first quarter of 2026 compared to the same period in 2025, following the disposal of the LISI MEDICAL division on October 31, 2025. This change reflects a highly unfavorable currency effect (-€24.0 million) linked to the weakening of the average U.S. dollar exchange rate against the euro.

•  LISI AEROSPACE : revenue up 10.4% in the first quarter of 2026 compared to a high base of comparison in the first quarter of 2025 (16.6%), reaching a record level of €325.1 million; at constant exchange rates, growth was robust at 17.6%;

•  LISI AUTOMOTIVE : revenue down -3.5% amid a contraction in global production among its major customers (down -1.4% compared to 2025).

Consolidated revenue as of the end of March 2026 includes the following items:

•  a significant adverse currency effect of -€24.0 million (5.1% of revenue), resulting primarily from the weakening of the average exchange rate of the U.S. dollar against the euro;

•  a positive scope-of-consolidation effect of €1.7 million (0.4% of revenue) related to the consolidation of LISI AUTOMOTIVE Hungary in October 2025.

Revenue growth, adjusted for currency fluctuations and changes in scope, amounted to +10.9% over the first three months of the year.

OUTLOOK

The aerospace development plan is the Group’s main growth driver, with solid visibility for the current fiscal year. Furthermore, the persistent uncertainty surrounding the global automotive market requires the LISI AUTOMOTIVE division to continue the trend of lowering the break-even point, which has been anticipated since 2023.

With its strengthened financial position, the Group remains confident in its ability to consolidate its position as a global leader in its chosen niche markets. It reaffirms its objective—assuming constant exchange rates and macroeconomic conditions—to improve its key financial indicators, including EBIT, for the fourth consecutive fiscal year and to once again generate positive free cash flow.