Group |
03.04.2024
Legrand has published its 2023 gender equality index with a score of 93 points out of 100, an increase compared to 2022.
This represents an increase of 8 points since 2018, when the index was first published.
|
02.15.2024 07:00
With building markets in retreat, Legrand turned in a very solid performance, meeting targets with sales up nearly 5% (organic growth and acquisitions), and record margins and free cash flow
Outstanding 2023 performance
Sales: +0.9%, i.e. +4.7% excluding exchange rates and Russia
Adjusted operating margin: 21.0% of sales
Rise in net earnings per share: +15.6%
Free cash flow: €1.6 billion, 18.8% of sales, up +53.0%
CSR roadmap achievement rate: 118% in 2023
Ongoing execution of strategic roadmap
5 acquisitions over a year, of which 1 announced today
Powerful fundamentals (innovation, pricing power, productivity)
Targeted investments in growth and cost structure optimization
2024 full-year targets
Sales growth (organic and through acquisitions) slightly positive (in low single digits)
Adjusted operating margin before acquisitions: 20.0% to 20.8% of sales
CSR |
02.09.2024
In February 2024, Legrand was included in the CDP Climate Change "A- list" for its actions to combat climate change. The Group is amongst the best companies in the electrical and electronic equipment sector to have achieved the "Leadership" level.
|
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.