Lisi Group (FII) Q2 2026 TU earnings summary

Executive summary

• Achieved significant improvement in results for H1 2026, with revenue up 5.7% year-over-year to €942.9M, driven by strong aerospace market activity and productivity gains.

• EBIT exceeded €100M for the first time, up 22.8% year-over-year, and net income rose 62.1% to €62.4M.

• Positive operating free cash flow and continued investment in capacity and inventory to support aerospace growth.

Financial highlights

• Revenue: €942.9M (+5.7% year-over-year); EBITDA: €148.3M (+11.4%); EBIT: €106.2M (+22.8%).

• Net income: €62.4M (+62.1%); diluted EPS: €1.34 (+67.5%).

• Operating free cash flow: €5.9M (vs. -€14.3M in H1 2025); net financial debt: €265.1M (23.2% of equity).

• EBITDA margin: 15.7% (vs. 14.9% in H1 2025); current operating margin: 11.3% (vs. 9.7%).

Outlook and guidance

• 2026 targets confirmed: aiming for a fourth consecutive year of improved key financial indicators and positive free cash flow.

• Aerospace division expects continued strong demand, with focus on expanding capacity and productivity.

• Automotive division prioritizes industrial reorganization and integration of new sites to adapt to market changes.