LISI ANNUAL REPORT 2009
A slowdown in client projects
While continuing to strengthen our
position as a subcontractor in the medical
devices sector, we have had to adapt to
the wait-and-see nature of the markets as
we initiate the internal changes necessary
for the construction of our future. In terms
of activity, order givers have experienced
reduced growth and many of them
have slowed down projects to launch
new products; some so called comfort
specialties, such as dental surgery, have
even shown negative growth.
Adapting to new market
conditions in the European zone
In general terms, LISI MEDICAL has
adjusted to new market conditions by
reducing production capacity, without,
nonetheless, diminishing its capacity to
recover. Substantial investments have been
carried out at the Neyron and Fleurieux-
sur-l’Arbresle sites. However, the project
to extend the factory in Tangier has been
delayed a year in view of current market
conditions. These three sites work in close
collaboration with a technical-sales force
that has been expanded over the course
of the year: the new marketing and sales
department has been equipped with a
project team to accompany LISI MEDICAL’s
clients in the most upstream phases of
bringing new products to market.
A low level of activity in
the United States
Our Escondido unit in California was the
most affected by the economic crisis due
to its specialization in dental products.
In a difficult environment, the site had to
adjust to a particularly low level of activity.
Despite these unfavorable conditions, the
team was able to improve its organization.
The ISO 13485 certification audit was
successfully completed in June, and
the deployment of production cells by
product families was set up in appropriate
conditions.
Despite a difficult economic environment, marked
by a sharp decline in the volume of activity, LISI
MEDICAL maintained its strategy of acquiring
industrial skills in the medical devices sector and
developing its production capacities. This strategy
should enable us to benefit from the recovery.
Strengthen our
experience curve,
develop our
production capacity
LISI MEDICAL
IMPROVEMENT OF NEYRON’S
INFRASTRUCTURE
The infrastructure of the Neyron site
was improved and its organization
was simplified in 2009. The site
has been enlarged and completely
redeveloped. The merger of the Seignol
and Intermed Application entities was
completed on June 30, 2009 and the
completion of the installation of the
clean room was approved.
HIGHLIGHTS
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