Report
Jean-François Granjon

LISI : Feedback from meeting: good crisis management

>Our earnings estimates left unchanged - Performance under control in H1 In our opinion, this publication reflects an efficient and timely management of the health crisis.Our main takeaways: i/ strong FCF generation of FCF in a somewhat atypical environment, ii/ control over margins, especially in the aerospace, iii/ a solid balance sheet. The first half of the year was atypical with an overall decline in revenues of 25.7% on an organic basis, with +1.6% in Janua...
Underlying
LISI SA

LISI manufactures multifunctional fasteners and assembly and structural components for three business sectors: aerospace, automotive, and perfurmery. Co.'s activities are also split into three divisions: LISI Aerospace division, LISI Medical division and LISI Automotive division. LISI Aerospace division produces fasteners and assembly components for the aerospace and motor racing markets. LISI Medical division produces medical implants and is a sub-contractor of auxiliary parts. LISI Automotive division produces automotive fasteners and assembly components.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Jean-François Granjon

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch