LISI GROUP - Activity report 2014 - page 62

LISI 2014
60
HowdidLISIAUTOMOTIVEhandle its environment
in2014?
_ Inagloballybuoyantmarket, inEuropeaswell as inChina, LISI
AUTOMOTIVE’s sales revenue increasedby6.4% to€448million. A
record level,wellabove themarket.Purelyautomotiveoperations
surgedby 7%, drivenby theGerman carmakers and the leading
OEMs. Theywerealsohelpedby theupturn inactivityof the two
French constructors, PSA and Renault. At the same time, our
activities for industryanddistributiondroppedby10%.
Operational results increased slightly (+3%) even though the
divisionpursuedsomeheavy industrialprojects.Thisperformance
waspossiblethanksto improvedbusinessresults fromMechanical
Safety Components and Clipped Solutions. The Threaded
Fastenerssegment remainedunderpressureamid reorganization
ofournutandscrewproductionactivities inEurope.
What is theoutlook for 2015?
_ Our automotive activities should experience another period
of growth. The components product line will remain the most
dynamic, with the continued ramp-up of our new products. LISI
AUTOMOTIVE is renowned by customers for expertise in this
area. They appreciate our development skills and know the level
of quality we apply to strategic products concerning passenger
safety.
With regard to fasteners, growth drivers will be apparent in
the second half of the year for our Clipped Solutions, with the
introduction of our applications for the new Renault 15/40
platform (Espace/Laguna/Mégane). Sales of Threaded Fasteners
should remain dynamic throughout the year. The completion of
the restructuringprogram carriedout on this last activity should
permitus to returngradually toperformance levelscomparable to
international standards.
François Liotard
ChiefExecutiveOfficer, LISIAUTOMOTIVE
LISI AUTOMOTIVE
2014highlights
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