LISI

In 2024, LISI AEROSPACE’s revenue (57% of group sales) increased by 22.8% to €1,030 million. The growth of the aeronautical market is particularly beneficial to the “Fasteners” business. The division remains the largest contributor to current operating income (75% of the group’s COI). In a global market that is experiencing major difficulties, LISI AUTOMOTIVE (32% of the group’s sales) posted a 5.0% decrease in revenue to €580 million. The group is cautious for 2025, linked to the cyclical contraction of the European and American markets. LISI MEDICAL (10% of group sales) generated revenue of €185 million, up 1.8%. The growth momentum (+52% in three years) is driven by the new products launched by the division, in orthopaedic reconstruction and in robotic minimally invasive surgery.

In total, LISI’s revenue amounted to €1,794 million, up 10.0%, reaching a record level. The current operating income was €115 million, or 6.4% of revenue (up 0.8 points).

The Peugeot family was a shareholder in Compagnie Industrielle de Delle (CID), LISI’s main shareholder, since 1977. In 1996, Peugeot Invest received a 25% interest in CID as a transfer from another Peugeot family group company. In 2002, Peugeot Invest took a direct 5% stake in LISI. In 2023, Peugeot Invest took part in the reorganisation of LISI’s shareholder structure. For its participation in the share buyback offer initiated by LISI, Peugeot Invest first sold two-thirds of its direct equity investment and received €48 million in cash.

The exchange offer on CID then enabled Peugeot Invest to convert its entire shareholding in CID into LISI shares and cash. In January 2024, Peugeot Invest completed the sale of a 4% block of LISI’s capital for €40 million. At 31 December 2024, the Peugeot Invest Group (via its wholly owned subsidiary Peugeot Invest Assets) held 10% of LISI and no longer held CID securities. The value of the shareholding in the net asset value is based on the share price at 31 December 2024.

Peugeot Invest Assets, represented by Guillaume Falguière, is a Director of LISI and a member of the CSR Committee. Marie-Hélène Peugeot-Roncoroni is a Director of LISI, a member of the Appointments, Remuneration and Governance Committee and a member of the CSR Committee.