LISI GROUP - Activity report 2019

LISI AUTOMOTIVE Evolution of the product mix After purchasing North American companies Termax and Hi‑Vol Products, LISI AUTOMOTIVE continues to refocus on higher value-added clipped solutions and mechanical components. The division has sold its Saint-Florent-sur-Cher subsidiary, which produces chassis screws and studs, and steering ball-joints, to AFF St Flo. The Saint-Florent-sur-Cher site employs 159 people and generated €36.1 million in sales in 2018 thanks to its positions with PSA, Renault and the equipment supplier JTEKT. The AFF group plans to accelerate its development in the automotive screw fasteners market. 17 LISI 2019