LISI Group Reports 8.6% Sales Increase for First Nine Months of 2024

The LISI Group announced consolidated sales of €1,323.0 million for the first nine months of 2024, marking an 8.6% increase compared to 2023. LISI AEROSPACE, a significant contributor, experienced over 20% growth, driven by robust orders in commercial aeronautics, despite supply chain challenges and a strike affecting Boeing's production. Meanwhile, LISI AUTOMOTIVE faced a challenging market with a 4.6% sales decline, impacted by a contracting global automotive sector. The division, however, maintained resilience and market share gains through new product orders.

LISI MEDICAL reported stable sales, slightly decreasing by 0.6%. This resulted from a high comparison base and difficulties in raw material supplies. The overall group performance included a negative currency impact of €3.9 million and a positive price effect of €40 million due to inflation cost passthrough. Going into the final quarter, LISI Group remains proactive, focusing on supply chain management, negotiation on inflation effects, and adaptation to evolving market conditions.