LISI GROUP - Activity report 2019

The LISI Group relies on its long-term vision to pursue clear strategic orientations and a well-defined roadmap. This vision does not rule out the need to constantly adjust to ever-changing market conditions. After the targeted acquisitions completed in 2017 and 2018, LISI continued in 2019 a strategy of refocusing on higher value-added activities. The development of new products was highly sustained across the three divisions. Concurrently, certain activities that the Group could no longer strategically develop were sold. In organic growth, LISI will have generated nearly €50 million in additional sales - equivalent to the size of an average Group plant. Consolidating the present to better prepare the future Letter from management 04 LISI 2019