|
11.08.2023 07:30
In a building market in retreat, Legrand recorded solid results and specifies its annual targets
Solid financial performance
Sales: +2.5%, i.e. +5.8% excluding exchange rates and Russia
Adjusted operating margin: 21.6% of sales
Rise in net earnings per share: +15.9%
Free cash flow: €1,214 million, 19.2% of sales
Dynamic external growth in buoyant segments
Acquisition of ZPE Systems in datacenters
4 acquisitions announced in 2023
2023 full-year targets specified
Sales growth (excl. FX and Russia): around +5%
Adjusted operating margin: 20.5% to 21.0% of sales before acquisitions and Russia
Finance |
07.31.2023 07:30
In a contracting building market, Legrand turned in a solid first half and revised its full-year targets upward
Very resilient first half
Sales: +4.9%, i.e. +6,0% excluding exchange rates
Adjusted operating margin: 22.2% of sales
Rise in net earnings per share: +19.0%
Free cash flow: €813.8 million, 18.9% of sales
2023 full-year targets revised
Sales growth (excluding exchange rates and Russia): +5% to +8%
Adjusted operating margin (before acquisitions and Russia): ~20.5% of sales
CSR |
06.28.2023
The Vérité40 index, developed by Axylia, a consultancy specialising in responsible finance, includes the 40 French listed companies with the best Carbon Score. Legrand has thus obtained Carbon Score A.
Group |
06.27.2023
The "Grand Prix de la création et de partage de la valeur" and the "Grand Prix de la mixité et de la diversité" were awarded to Legrand at the "Grand Prix de l'Assemblée Générale et de la Mixité" ceremony held on June 27, 2023.
Finance |
05.04.2023 07:30
Legrand reports solid first quarter, with sales up 9.0%
and very robust growth in results and cash generation
Sales: +9.0% including +7.4% organic growth
Adjusted operating margin: 22.2% of sales
Rise in net earnings per share: +28.1%
Free cash flow: €331.5 million, 15.4% of sales
2023 full-year targets unchanged
Benoît Coquart, Legrand’s Chief Executive Officer, commented:
“Legrand delivered very strong results in the first quarter, with growth in both sales and earnings, and solid cash generation as well...
Finance |
04.12.2023 17:30
The Legrand Universal Registration Document was filed on April 12, 2023 with the Autorité des marchés financiers.
