In the first half of 2023, LISI experienced a sharp increase in activity, driven by dynamic markets and price increases in all three lines of business. However, the results were impacted by the inflationary environment, particularly in the aerospace industry, where there was a lag between increased production costs and their impact on selling prices. The company faced high working capital requirements due to strong business growth and tight aerospace supplies.
The company has set annual targets, but their achievement is contingent on favorable price negotiations with major customers. Additionally, LISI’s Public Share Buyback Offer was successful, reinforcing the forward float, ensuring managerial and shareholder continuity, and allowing the pursuit of the company’s strategic ambitions.
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LISI 25/07/2023
Date de publication :25/07/2023