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Legrand S.A. (LGRDY) is a globally recognized leader in electrical and digital building infrastructures, offering a comprehensive portfolio of solutions that enhance the functionality, efficiency, and safety of residential, commercial, and industrial spaces. With its headquarters in Limoges, France, Legrand operates across a diverse range of markets, including data centers, smart buildings, and energy-efficient solutions, making it a benchmark for customers worldwide.
Core Business Areas
Legrand's core business is centered on providing innovative solutions for electrical systems, digital connectivity, and building infrastructure. The company designs and manufactures products and systems that include electrical wiring devices, home automation systems, energy distribution systems, and digital network solutions. Its offerings cater to a broad range of applications, from residential homes to complex industrial facilities, ensuring seamless integration and enhanced operational efficiency.
Market Position and Industry Relevance
Operating in over 90 countries, Legrand has established itself as a key player in the global infrastructure market. The company leverages its expertise to address emerging trends such as the rise of smart buildings, the growing demand for energy-efficient solutions, and the increasing reliance on data-intensive operations. Its strategic focus on high-growth segments like data centers, connected devices, and energy management underscores its commitment to innovation and market adaptation.
Innovation and Technological Leadership
Legrand's dedication to technological advancement is evident in its continuous introduction of cutting-edge products. For instance, its Data, Power, and Control (DPC) division has achieved the prestigious ISO/IEC 27001:2013 certification, reflecting its commitment to cybersecurity and information security standards. Products like the Remote Plug-In Actuator and the OSFP 800G DR8 transceiver demonstrate Legrand's ability to meet the evolving needs of modern data centers and AI-driven applications, ensuring safety, scalability, and high-speed connectivity.
Business Model and Revenue Streams
Legrand generates revenue through the direct sale of its hardware products, integrated systems, and connected solutions. The company also pursues a strategy of profitable and responsible growth through acquisitions, enabling it to expand its product offerings and market reach. By focusing on high-value segments and incorporating sustainable practices, Legrand maintains a competitive edge in a rapidly evolving industry.
Competitive Landscape
In the competitive landscape, Legrand faces challenges from industry giants like Schneider Electric and Siemens. However, its ability to innovate, coupled with its focus on customer-centric solutions, allows it to differentiate itself. By addressing critical market concerns such as cybersecurity, energy efficiency, and operational reliability, Legrand remains a trusted partner for its global clientele.
Significance in the Industry
Legrand's role in shaping the future of electrical and digital infrastructures cannot be overstated. Its products and solutions are integral to the development of sustainable, connected, and efficient buildings worldwide. By harnessing technological and societal trends, Legrand continues to transform the spaces where people live, work, and meet, making it a vital contributor to modern infrastructure development.
Legrand has released data as of October 31, 2022, reporting a total of 266,817,746 shares in its capital and 266,676,653 exercisable voting rights. Since July 31, 2022, there have been no changes due to stock options exercised. Key financial dates include the annual results on February 9, 2023 and the first-quarter results on May 4, 2023. The General Meeting of Shareholders is scheduled for May 31, 2023. Legrand, a global specialist in electrical and digital infrastructures, reported sales of €7.0 billion in 2021.
Legrand's consolidated financial report as of September 30, 2022 is now available. The company reported sales of €7.0 billion in 2021 and will announce its 2022 annual results on February 9, 2023, following a quiet period starting on January 10, 2023. The company's operations focus on electrical and digital building infrastructures, targeting improved living and working spaces through sustainable solutions. Legrand is a component of the CAC 40 and CAC 40 ESG indexes.
Legrand reported significant growth in its Q3 2022 results, with net sales reaching €6,153.7 million, up from €5,168.7 million in Q3 2021. Operating profit also increased to €1,164.7 million, compared to €1,041.7 million last year. Basic earnings per share rose to €3.045, reflecting a strong net profit of €811.7 million. However, the company saw a decrease in free cash flow, which fell to €616.9 million from €774.3 million. Legrand’s strategic acquisitions across Europe and North America and the positive impact of currency translation reserves significantly contributed to its overall financial performance.
Legrand has reported a significant sales increase of 19.1% for the first nine months of 2022, reaching €6.15 billion, with organic growth at 10.1%. The adjusted operating margin stood at 20.2%, despite high inflation pressures. Net profit rose 16.1% to €812 million. Two recent acquisitions aim to enhance its position in energy-efficient solutions, contributing nearly €145 million to annual sales. Full-year targets remain positive with sales growth expected between 9% and 12%.
Legrand, a global specialist in electrical and digital building infrastructures, has been indicted in France related to the derogation mechanism, necessitating a security deposit of €80.5 million. The company contends that the charges lack merit and asserts its compliance with laws. Key upcoming financial dates include November 3, 2022 for nine-month results and February 9, 2023 for full-year results. In 2021, Legrand reported sales of €7.0 billion, and it remains a component of the CAC 40 index.
Legrand has reported its total number of shares and voting rights as of September 30, 2022. The total number of shares stands at 266,817,746, with 266,651,033 exercisable voting rights after excluding shares without voting rights. No stock options were exercised since the last report. The next key financial date is the release of the 2022 nine-month results on November 3, 2022, following a quiet period starting on October 4, 2022. Legrand is recognized for its innovative solutions in electrical and digital infrastructures.
As of August 31, 2022, Legrand's share capital comprises 266,817,746 shares, corresponding to the same number of theoretical voting rights. However, the exercisable voting rights are slightly lower at 266,649,838 due to shares without voting rights. No stock options were exercised since the last report on July 31, 2022. Key upcoming dates include the 2022 nine-month results on November 3, 2022 and the annual results on February 9, 2023. Legrand continues its commitment to sustainable growth and innovation, with 2021 sales reaching €7 billion.
On July 31, 2022, Legrand reported a total of 266,817,746 shares and 266,681,493 exercisable voting rights. There was no change in the total number of shares since the prior reporting period on March 31, 2022, where the figures remained consistent. The company has set key financial dates, including the release of its nine-month results on November 3, 2022, and its annual results on February 9, 2023. Legrand's operations focus on enhancing electrical and digital infrastructures, with a reported sales figure of €7.0 billion for 2021.
Legrand has announced that its half-year financial report as of June 30, 2022 is now available. The company, known for its expertise in electrical and digital building infrastructures, reported a revenue of €7.0 billion in 2021. Legrand aims for responsible growth through acquisitions and innovation, focusing on emerging markets, including datacenters and energy efficiency programs. Stakeholders are encouraged to access the detailed financial report through the company's official website.
Legrand reported strong sales growth of +18.5% in the first half of 2022, reaching over €4 billion, with organic growth at +10.9%. The adjusted operating margin stood at 20.5% of sales, reflecting solid profitability despite a challenging economic environment. Net profit increased by +13.9% to €548 million. Legrand announced two acquisitions in the datacenter sector, enhancing its focus on energy-efficient solutions. The full-year sales growth target has been revised upward to between +9% and +12%.
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