2015 first-quarter results
Total growth in sales +7.4%
Adjusted operating income up +3.1%
2015 targets confirmed
Gilles Schnepp, Chairman and CEO of Legrand, comments:
In the first quarter of 2015, group sales rose by +7.4% in total to reach nearly €1.2 billion, underpinned by favorable exchange-rate effects (+6.5%) and the broader scope of consolidation resulting from acquisitions (+2.6%). More particularly, sales in the USA/Canada region were up almost 41% in the first quarter of 2015, buoyed by favorable exchange-rate effects, the acquisition of Lastar and healthy organic growth. As expected, the United States is now the group’s #1 country by sales...
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