Message from the management

Maintain and strengthen long-term strategic decisions

In 2023, the Group consolidated its positions in its 3 markets, with strong growth in overall business to post sales close to all-time records at €1,630.4 million. Despite this strong dynamic, the economic and business environment, including high inflation on all expense and investment items and the recruitment difficulties already felt in the previous year, prevented us from realizing the full potential of our expected business. Nevertheless, inflation was partly offset by higher sales prices, without compromising commercial relations.

However, courageous and organized actions reinforced our long-term strategic decisions. The Group has been rewarded by its customers for its innovations and quest for performance: differentiation based on two strategic pillars - operational excellence and innovation - is recognized as a major strength.

Attracting new talent and retaining know-how are top priorities. This involves an unprecedented effort on training, safety and work-life quality. It also includes a major communications component.

The Group's long-term positioning will be strengthened by the effectiveness of its CSR policy - a key element in sustaining the employer brand - measured in terms of an ambitious trajectory. The Group has an historic responsibility that has lasted for 250 years and is expressed in its purpose: " Shape and share sustainable links " with all its stakeholders.

Our confidence in the future remains intact if we continue our relentless pursuit of excellence and remain selective in our strategic decisions. Our ambition is to win the global battle by positioning ourselves in niches chosen for their strong differentiation.

We believe in the quality of our teams, capable of meeting tomorrow's challenges and adapting quickly to the volatile conditions of demanding markets.

We have no doubt in the ability of our major customers to recognize the differentiating services offered by the LISI Group.

This long-term confidence is reflected in the fact that in 2023, the two founding family shareholders, who have contributed to LISI's growth for so long, strengthen their majority control of the Group.

We would like to thank all our stakeholders, who have enabled us to continue the wonderful LISI adventure.

Overall achieved, the 2023 objectives should enable an acceleration of the LISI Group's performance on both financial and extra-financial criteria."”

Emmanuel VIELLARD, Chief Executive Officer of LISI and Gilles KOHLER, Chairman of LISI

Gilles KOHLER
Chairman, LISI

Emmanuel VIELLARD
Chief Executive Officer, LISI

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