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08.06.2008Fitch* Upgrades Legrand to 'BBB'
Following Legrand's H1 results, the rating agency Fitch has upgraded Legrand from 'BBB-' to 'BBB', putting forward the company's capacity to maintain a healthy operating profitability. This agency's rating also reflects Legrand's innovation capacity, the diversified exposure to its final markets, good geographical diversification and its relevant acquisitions strategy.
* Fitch atings evaluates the stocks of 1,200 companies present in all activity sectors both in France and internationally.