Financial situation
1
2
LISI 2014FINANCIALREPORT
I
21
2
|
Groupactivityforthefinancialyear, andoutlook
forthecomingyear
2.1
|
LISI Consolidated
A €1,306,500,000, the consolidated revenue for the year 2014 was up
+13.7%and+5.5%atconstantscopeandexchange rate.Thecontribution
of the Manoir Group, consolidated as of June 5, 2014, amounted to
€94.8M,or7.3%ofGroupsales.
Themaindevelopmentsperdivisionatcurrentexchangerateare:
■■
still solid dynamism of LISI AEROSPACE (+18.7%), which is achieving
historically high levels of sales, both in aeronautical fasteners and in
structuralcomponents;
■■
return togrowthof LISIAUTOMOTIVE (+6.2%comparedwith - 1.0% in
2013),confirmedrecoveryofLISIMEDICAL(+10.8%,comparedwith-1.1%
in2013).
CommentsregardingQ4business
LISI Consolidated
of which
LISI AEROSPACE
Of which
LISI AUTOMOTIVE
of which
LISI MEDICAL
Q1
€311.3M
€175.1M
€117.8M
€18.6M
Q2
€305.6M
€172.7M
€115.6M
€17.5M
Q3
€339.2M
€215.7M
€107.4M
€16.4M
Q4
€350.4M
€224.5M
€107.5M
€18.6M
2014
€1,306.5M
€788.1M
€448.3M
€71.1M
The 26.4% increase in consolidated sales for the fourth quarter of
2014 compared to the same period of the previous year shows growth
throughout all divisionswith trendshigher than thoseof the 1
st
half for
eachdivision:
■■
ThegrowthofLISIAEROSPACEtakesaccountofthe integration intothe
groupofManoirAerospace,whichrepresents12%ofthedivision'ssales.
Thus,Q4stoodat+39.4%,beingan increaseof+37.1% inthesecondhalf,
versus+1.5% inthe firsthalf.
■■
LISI AUTOMOTIVE displayed a quasi-stable growth rate over the
4 quarters with a slight acceleration on the end of the year. The last
quarterstoodat+6.2%, i.e.+6.5%forthesecondhalf-year,versus+5.9%
forthe firsthalf-year.
■■
LISIMEDICALrecordedstrongacceleration insales inthefourthquarter
(+23.7%), up 10.9% in the second half, the same as in the first half
(+10.8%).
