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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Lisi Group
Lisi Group (FII) investor relations material
Lisi Group Q3 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 TU earnings summary22 Oct, 2026
Executive summary
Nine-month revenue reached €1,416.0M, up 8.0% reported and 10.3% like-for-like; aerospace growth outweighed automotive weakness.
Q3 revenue rose 12.8% reported and 12.1% like-for-like, with aerospace growth accelerating to 22.5% reported.
Financial highlights
Nine-month revenue was €1,416.0M versus €1,311.2M in 2025; Q3 revenue was €473.2M versus €419.5M.
Nine-month revenue included a €24.8M negative currency impact, a +€4.7M scope effect from Hungary and a -€8.0M effect from Ankit's deconsolidation.
2025 comparatives exclude LISI MEDICAL revenue of €44.7M in Q1, €42.4M in Q2 and €44.9M in Q3, following its October 2025 sale.
Outlook and guidance
2026 objectives reaffirmed: significantly improve key financial indicators for a fourth consecutive year, led by recurring EBIT, and generate positive operating free cash flow.
Aerospace Q4 priorities include expanding capacity and improving operating efficiency amid supply-chain strain.
Automotive priorities include completing the Puiseux reorganization, integrating the Hungarian entity, consolidating Livonia operations into Monterrey and adjusting inventory.
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Latest events from Lisi Group
- Record EBIT, strong aerospace growth, and positive free cash flow mark H1 2026.FII
H1 2026 - Record aerospace growth drove Q1 2026 revenue up 10.9%, offsetting automotive weakness.FIIQ1 2026 TU
- Record revenue, profit surge, and reduced debt driven by aerospace growth and medical division sale.FIIH2 2025
- Strong 9.1% revenue growth driven by aerospace, with key portfolio shifts in medical and automotive.FIIQ3 2025 TU
- Record sales and EBIT growth in H1 2025, led by aerospace, with strong outlook confirmed.FIIH1 2025
- Aerospace drives 8.6% sales growth, offsetting automotive decline and medical stabilization.FIIQ3 2024 TU
- Record sales and improved margins in H1 2024, led by strong aerospace performance.FIIH1 2024
- Aerospace and medical growth drove Q1 sales up 8.3%, offsetting automotive decline.FIIQ1 2025 TU
- Record revenue and profit growth driven by aeronautics; outlook remains positive for 2025.FIIH2 2024
Lisi Group
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