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FINANCIAL INFORMATION Quaterly Consolidated Sales In Єm 398 2021 2020 lisi The LISI Group achieved sales of € 309.4 million in Q1 2021 , down - 22.2 % compared to 2020 Sales for Q1 2021 are down 22.2 % compared to the same period of the previous fiscal year . The global COVID - 19 pandemic has further weighed on the Group's activity in varying proportions depending on the divisions : LISI AEROSPACE : - 38.5 % , the " Fasteners " business , which had benefited from a good level of sales in Q1 2020 , is the most severely affected ■ LISI AUTOMOTIVE + 2.9 % , in line with the positive trend observed since the second half of 2020 309 239 287 307 11 Q1 Q2 Q3 LISI MEDICAL : - 15.1 % , although sales are down , the outlook benefited from well oriented business In Єm Changes 2021 2020 2021/2020 2021/2020 on a like - for - like basis¹ == Q4 1st Quarter ended March 31 , 309.4 397.9 - 22.2 % - 18.8 % EBIT * & Net Profit in ЄM ■ EBIT ■ Net profit 155,1 135,6 2018 92,1 69,8 41,5 2020 2019 * After participation and profit - sharing expenses 1 The change at constant scope and exchange rates is calculated : -37,3 by converting the sales of the companies whose financial statements are denominated in foreign currencies at the average rate of the year N - 1 or the month M - 1 ; by converting the sales invoiced in currencies other than the local currency at the average rate of the previous year or previous month M - 1 ; by restating the entries into or exits from the scope to ensure comparability of data . At € 309.4 million , consolidated sales for Q1 2021 were down 22.2 % . It takes the following factors into account : ⚫ an unfavorable foreign currency effect of - € 10.1 million ( i.e. - 3.2 % of sales ) , linked to the weakening of the US dollar against the euro , • a scope effect of - € 4.5 million ( i.e. - 1.5 % of sales ) reflecting the deconsolidation of LISI AUTOMOTIVE Mohr + Friedrich GmbH on June 26 , 2020 and LISI MEDICAL Jeropa in the United States on January 11 , 2021 , • an unfavorable basis of comparison compared to Q1 2020 which was marked by the first effects of the COVID - 19 crisis only in March 2020 , On a like - for - like and constant exchange rate basis , consolidated sales dwindled by - 18.8 % over the first three months of the year .