Duyuru • Mar 19
Lisi S.A., Annual General Meeting, Apr 24, 2026 Lisi S.A., Annual General Meeting, Apr 24, 2026. Location: lisi aerospace, central seine 46 50 quai de la rapee, paris France Duyuru • Sep 10
Lisi S.A. announced that it has received €105.3 million in funding from Peugeot Invest Société anonyme Lisi S.A. announced an accelerated bookbuilding private placement financing of 2,700,000 shares at an issue price of €39 per share for total gross proceeds of €105,300,000 on September 8, 2025. The transaction includes participation from Peugeot Invest, institutional investors. The investor has committed to a 120-day lock-up period following the settlement and delivery of the Placement of the shares, subject to customary exceptions. Peugeot Invest now holds less than 5% of LISI’s share capital. Duyuru • Mar 17
Lisi S.A., Annual General Meeting, Apr 25, 2025 Lisi S.A., Annual General Meeting, Apr 25, 2025. Location: 6 rue juvenal viellard, grandvillars France Duyuru • Dec 10
Lisi S.A. to Report First Half, 2025 Results on Jul 24, 2025 Lisi S.A. announced that they will report first half, 2025 results on Jul 24, 2025 Duyuru • Dec 09
Lisi S.A. to Report Fiscal Year 2024 Results on Feb 26, 2025 Lisi S.A. announced that they will report fiscal year 2024 results After-Market on Feb 26, 2025 Upcoming Dividend • Apr 23
Upcoming dividend of €0.31 per share Eligible shareholders must have bought the stock before 30 April 2024. Payment date: 03 May 2024. Payout ratio is a comfortable 38% and this is well supported by cash flows. Trailing yield: 1.3%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.1%). Declared Dividend • Mar 20
Dividend increased to €0.31 Dividend of €0.31 is 107% higher than last year. Ex-date: 30th April 2024 Payment date: 3rd May 2024 Dividend yield will be 1.3%, which is about the same as the industry average. Sustainability & Growth Dividend is well covered by both earnings (37% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 1.0% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 120% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 25
Full year 2023 earnings released: EPS: €0.83 (vs €1.08 in FY 2022) Full year 2023 results: EPS: €0.83 (down from €1.08 in FY 2022). Revenue: €1.68b (up 15% from FY 2022). Net income: €37.5m (down 34% from FY 2022). Profit margin: 2.2% (down from 3.9% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.3% p.a. on average during the next 2 years, compared to a 15% growth forecast for the Aerospace & Defense industry in Germany. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Duyuru • Nov 05
Lisi S.A., Annual General Meeting, Apr 26, 2024 Lisi S.A., Annual General Meeting, Apr 26, 2024. Duyuru • Nov 04
Lisi S.A. to Report Fiscal Year 2023 Results on Feb 22, 2024 Lisi S.A. announced that they will report fiscal year 2023 results at 5:40 PM, Central European Standard Time on Feb 22, 2024 New Risk • Jul 28
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 16% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risk Debt is not well covered by operating cash flow (16% operating cash flow to total debt). Minor Risk Profit margins are more than 30% lower than last year (2.3% net profit margin). Upcoming Dividend • Apr 10
Upcoming dividend of €0.15 per share at 0.6% yield Eligible shareholders must have bought the stock before 17 April 2023. Payment date: 19 April 2023. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.6%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (1.4%). Reported Earnings • Jul 25
First half 2022 earnings released: EPS: €0.63 (vs €0.56 in 1H 2021) First half 2022 results: EPS: €0.63 (up from €0.56 in 1H 2021). Revenue: €712.9m (up 17% from 1H 2021). Net income: €33.4m (up 13% from 1H 2021). Profit margin: 4.7% (down from 4.9% in 1H 2021). Over the next year, revenue is forecast to grow 12%, compared to a 28% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has fallen by 33% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Apr 27
Upcoming dividend of €0.29 per share Eligible shareholders must have bought the stock before 04 May 2022. Payment date: 06 May 2022. Payout ratio is a comfortable 35% and this is well supported by cash flows. Trailing yield: 1.4%. Lower than top quartile of German dividend payers (4.0%). In line with average of industry peers (1.3%). Reported Earnings • Apr 15
Full year 2021 earnings released: EPS: €0.83 (vs €0.70 loss in FY 2020) Full year 2021 results: EPS: €0.83 (up from €0.70 loss in FY 2020). Revenue: €1.20b (down 5.5% from FY 2020). Net income: €44.0m (up €81.4m from FY 2020). Profit margin: 3.7% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Over the next year, revenue is forecast to grow 11%, compared to a 22% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 57 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Mar 05
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €21.80, the stock trades at a forward P/E ratio of 18x. Average forward P/E is 21x in the Aerospace & Defense industry in Germany. Total loss to shareholders of 18% over the past three years. Reported Earnings • Feb 19
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: €0.83 (up from €0.70 loss in FY 2020). Revenue: €1.20b (down 5.5% from FY 2020). Net income: €44.0m (up €81.4m from FY 2020). Profit margin: 3.7% (up from net loss in FY 2020). The move to profitability was driven by lower expenses. Revenue missed analyst estimates by 1.5%. Over the next year, revenue is forecast to grow 8.6%, compared to a 19% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 24
First half 2021 earnings released: EPS €0.56 (vs €0.09 in 1H 2020) The company reported a decent first half result with improved earnings and profit margins, although revenues were weaker. First half 2021 results: Revenue: €612.7m (down 7.1% from 1H 2020). Net income: €29.7m (up €25.0m from 1H 2020). Profit margin: 4.8% (up from 0.7% in 1H 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Apr 26
Upcoming dividend of €0.14 per share Eligible shareholders must have bought the stock before 03 May 2021. Payment date: 05 May 2021. Trailing yield: 0.5%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (1.6%). Is New 90 Day High Low • Mar 11
New 90-day high: €22.05 The company is up 9.0% from its price of €20.25 on 11 December 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Aerospace & Defense industry, which is down 2.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €31.60 per share. Duyuru • Mar 05
RAFAUT SASU acquired LISI AEROSPACE SAS from Lisi S.A. (ENXTPA:FII). RAFAUT SASU acquired LISI AEROSPACE SAS from Lisi S.A. (ENXTPA:FII) on March 4, 2021. In 2020, LISI AEROSPACE generated revenue of €9 million.
RAFAUT SASU completed the acquisition of LISI AEROSPACE SAS from Lisi S.A. (ENXTPA:FII) on March 4, 2021. Reported Earnings • Feb 20
Full year 2020 earnings released: €0.71 loss per share (vs €1.31 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: €1.27b (down 28% from FY 2019). Net loss: €37.3m (down 154% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 20
Revenue beats expectations Revenue exceeded analyst estimates by 0.02%. Over the next year, revenue is forecast to grow 2.6%, compared to a 14% growth forecast for the Aerospace & Defense industry in Germany. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment improved over the past week After last week's 15% share price gain to €21.80, the stock is trading at a trailing P/E ratio of 23.5x, up from the previous P/E ratio of 20.4x. This compares to an average P/E of 20x in the Aerospace & Defense industry in Europe. Total return to shareholders over the past three years is a loss of 37%. Is New 90 Day High Low • Feb 10
New 90-day high: €21.80 The company is up 7.0% from its price of €20.30 on 11 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Aerospace & Defense industry, which is also up 7.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €24.19 per share. Is New 90 Day High Low • Nov 11
New 90-day high: €21.20 The company is up 8.0% from its price of €19.66 on 13 August 2020. The German market is flat over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Aerospace & Defense industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €27.13 per share. Valuation Update With 7 Day Price Move • Nov 10
Market bids up stock over the past week After last week's 28% share price gain to €18.70, the stock is trading at a trailing P/E ratio of 22.4x, up from the previous P/E ratio of 17.6x. This compares to an average P/E of 20x in the Aerospace & Defense industry in Europe. Total return to shareholders over the past three years is a loss of 47%. Is New 90 Day High Low • Oct 14
New 90-day low: €15.54 The company is down 15% from its price of €18.20 on 16 July 2020. The German market is up 2.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Aerospace & Defense industry, which is down 8.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.14 per share.