LISI Group announces a 14.5% revenue growth in Q1 2017, supported by organic growth of nearly 10%
• LISI AEROSPACE : +11.7%
o European market extremely dynamic
o Sustained ramp-up of new programs
• LISI AUTOMOTIVE : +6.6%
o Steady European market
o Increased contribution from new developments launched in previous years
• LISI MEDICAL : +103.1%
o Organic growth: +11.5%
On a like-for-like basis, the 9.9% increase in revenue in the first quarter of 2017 confirms the acceleration in organic growth recorded in 2016 (+3.6% in the first half and +5.6% in the second half).
After this positive first quarter, the Group confirms its objectives to grow its business and its current operating profit, as well as its Free Cash Flow in value terms for 2017, with a more balanced contribution from all divisions.