The international jury at the XXVI Compasso d’Oro ADI Award, granted Living Now, the revolutionary range of electric controls of Bticino, Italian branch of Legrand Group, an Honourable Mention.
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.
Group mobilized for all stakeholders
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 ...
Legrand aims to eliminate its net greenhouse gas emissions by 2050 across all of its activities, for a global warming level limited to 1.5°C.
Legrand ranks 16th in the table for 2019, an improvement on the previous year when it ranked 25th.
Legrand today completed a fixed-rate bond issue for an amount of €600 million with a 10-year maturity and an annual coupon of 0.75%.
This operation raises the average maturity of bond debt to 6.7 years, with the next repayment date set for April 19, 2022, for an amount of €400 million.
The success of this issue, subscribed 3.2 times over, demonstrates once again investor confidence in the soundness of Legrand’s development model.
Responsible mobilization to tackle the consequences of the health crisis
Performance showed good resistance in the first quarter of 2020
Organic change in sales: -7.3%
Adjusted operating margin before acquisitions : 18.7%
Solid balance sheet and financial position