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LISI 2015
LETTER FROM THE MANAGEMENT
Boeing’s growth plans and those of its partners. For
its part, the LISI AEROSPACE Structural Components
Business Group has made significant investments
backing the development of new products at
Marmande or the intensive modernization of the
Manoir Aerospace sites bought in 2014.
In the automotive division, the commissioning of
the completely renovated plant in Dasle and on
time startup of new Mellrichstadt logistics center
in Germany will have strengthened the division’s
positions and the industrial facilities; as well as
the overall increase in the Security Mechanical
Components business activity at the Shanghai site in
China and the opening of the new Monterrey plant
in Mexico for the Clipped Solutions Business Group.
●●
On the Products side
, all the divisions posted
outstanding performance in terms of renewal of
their portfolios as evidenced by the development
of the “OPTIBLIND™” automated assembly system
presented at the Bourget air show - which has
generatedenormousinterestamongallmanufacturing
or OEM customers - and the launch of a “robotics”
project at all the Aerospace Fasteners plants but also
the renewal rate for new products of nearly 10% of
sales in the automotive division or even the launch of
a generic line of orthopedic implants in the Medical
division.
●●
Finally, how can we not mention the creation of
LISI AEROSPACE Additive Manufacturing
with
the Poly-Shape Company, the European leader in
additive manufacturing with which the Group signed
an agreement on December 17, 2015 to create a joint
venture. 60% owned by LISI AEROSPACE and 40%
owned by Poly-Shape, the new organization aims
to provide aerospace customers with a response
that incorporates the additive technologies in the
design and production of machine parts using 3D
printing: a promising field of application that is fully
complementary to those that already exist in the
group.
Dividend increase and new organization
in 2016
These major projects express the will of the group to
continue its strategic development.
It is to mark its faith in the future as well as to thank its
shareholders for their confidence that the dividend was
increased to € 0.39 per share, thus increasing for the 6
th
consecutive year.
Finally, it is with this growth prospect that the Board
decided, at its February 17, 2016 meeting, to opt to
separate the positions of Chairman and CEO; thus with
the help of all the LISI employees, the new executive
team will have the main task of bringing these multiple
development projects to a conclusion, which should
fully meet our customers’ expectations and ensure the
group’s growth performance.