LISI Group (LISI AUTOMOTIVE) Business Report FY2011

Business Highlights

Financial Overview

(in million euros)
  FY2011 FY2010 Rate of change(%)  Factors
Sales 925.1  776.7 19.1 -
EBITDA 122.1 95.7 27.6 -
Automotive Division
Sales 446.3  401.3 11.2 1)

1) Automotive Division
-The Division's sales in 2011 increased by 11.2% (45.2 million euros) to 446.3 million euros, reached its highest record. This performance is to be compared with the 1.4% decline in registrations in Europe and 4.9% increase in the production of the Company's clients.

-Major factors of increase in sales were order-taking for new product, especially in Beijing (+24%) and Shanghai (+60%).


-The Company announced that it was designated as a "Major Supplier" by PSA Peugeot Citroen. (From a press release issued in September 2011)


-Lisi Automotive Knipping, which is based in the German city of Kierspe, announced that it has been awarded Supplier Excellence Award 2010 from ThyssenKrupp Presta France S.A.S. (From a press release issued in February 2011)


R&D Expenditure

(in million euros)
  FY2011 FY2010 FY2009
Group 18.9 18.4 16.5
% of sales revenue 2.0% 2.4% 2.4%

Investment Activities

Capital Expenditure

(in million euros)
  FY2011 FY2010 FY2009
Automotive 35.6 29.6 20.4

-Major investment projects:

  • The operational opening of the Delle II (Belfort, France) which represents an amount of 5.3 million euros
  • The implementation of the hardware plan (presses, rolling machines and heat treatment) for 11.9 million euros
  • The layout of the Puiseux site (Val d'Oise, France) to accommodate the activities of Bonneuil-sur-Marne (Val de Marne, France) for 5 million euros