Ferromagnetic materials exhibiting at room temperature combination of good conductivity, magnetic and opto-electronic properties are needed for the development of functional spin-devices. Mixed-valence LSMO is an optimal source of fully spin-polarized carriers and shows a rich physics of magnetic phases and transport mechanisms. Many factors, such as growth temperature, oxygen stoichiometry, temperature-dependent oxygen desorption rate, structural matching between the growing film and substrate, film thickness, and defects, influence the LSMO properties. Stabilization of ferromagnetic and conductive behaviours is linked to structural order. Therefore a growth approach allowing congruent deposition of complex materials under controlled, reproducible and tunable conditions is strongly needed. In this respect pulsed laser deposition reveals a well-suited choice. This review aims to give an overview on LSMO thin film properties, deposition and applications, especially in the emerging organic spintronics.