These solutions stem from the targeted innovation and acquisition policy implemented by the Group. Legrand is now Europe's second largest company in the assisted living market, especially following the acquisition of Intervox (France), Tynetec, Jontek and Aidcall (UK), and Neat (Spain).
Legrand has appointed Exane, effective on August 3, 2020, and for an initial period expiring on December 31, 2020, tacitly renewable thereafter for periods of twelve months, to implement a liquidity agreement that complies with the decision of the Autorité des marchés financiers (AMF) n°2018-01 of July 2, 2018 related to the establishing of liquidity contracts on shares as accepted market practice and the standard contract of the Association française des marchés financiers (AMAFI) dated January 15, 2019.
Performance shows good resistance in a very deteriorated environment
Organic change in sales: -15.2%
Adjusted operating margin: 17.5%
Many measures to adapt to consequences of the crisis
Solid financial position ...