Welcome to our dedicated page for Legrand S A news (Ticker: LGRDY), a resource for investors and traders seeking the latest updates and insights on Legrand S A stock.
Overview
Legrand S A is a global specialist in electrical and digital building infrastructures, dedicated to transforming and optimizing spaces where people live, work, and meet. With a comprehensive offering spanning commercial, industrial, and residential markets, the company addresses the critical need for robust, reliable, and innovative infrastructure solutions. Employing advanced technologies and a commitment to operational excellence, Legrand delivers products and systems that empower users across a diverse array of environments, including data centers, smart buildings, and high-performance computing facilities.
Business Model and Operational Excellence
At its core, Legrand generates revenue through the direct sale and integration of electrical and digital infrastructure solutions, continually enhancing the value chain with innovation and acquisitions. The company’s business model is built on solving complex challenges through a well-diversified portfolio that includes products and services for electrical distribution, digital connectivity, and building automation. By focusing on technological advances and quality assurance, Legrand ensures that every solution is designed to maximize safety, efficiency, and connectivity across its global client base.
Innovative Product Offerings and Technological Leadership
Legrand is recognized for its strategic integration of state-of-the-art innovations. Products such as the Remote Plug-In Actuator showcase their commitment to safety and operational efficiency in power-dense data centers. Similarly, the Approved Networks division introduces cutting-edge optical networking solutions, like the OSFP 800G DR8 transceiver, which redefines high-speed data transmission and networking scalability. These offerings underline how Legrand not only adapts to evolving market demands but also sets benchmarks in performance and reliability.
Commitment to Cybersecurity and Quality Assurance
Understanding the critical importance of cybersecurity in today’s digital age, Legrand has achieved esteemed certifications, including ISO/IEC 27001:2013, to validate its robust information security management practices. The company adheres to international standards such as NIST, ISO 9001, and ISO 14001 to ensure every product and service meets stringent quality and security benchmarks. This commitment provides customers with trusted, secure solutions that safeguard mission-critical infrastructure in data centers and other sensitive environments.
Industry Context and Competitive Landscape
Operating in a competitive landscape, Legrand distinguishes itself through a blend of technological expertise, comprehensive product ecosystems, and a proactive approach to innovation. Its offerings are engineered to support the growing requirements of high-density data centers, interconnected smart buildings, and advanced digital applications. By consistently integrating customer feedback and market insights, Legrand maintains a robust competitive position, ensuring that the company’s solutions remain relevant and ahead of technological trends.
Global Reach and Market Significance
With a broad international footprint, Legrand leverages its deep industry expertise and a global network of partners to drive profitable and responsible growth. The firm’s integrated approach—bridging technology, safety, and design—is reflected in every business unit, making it a benchmark within the electrical and digital infrastructure sectors. By harnessing trends in digital transformation and operational efficiency, Legrand continues to set quality standards that resonate globally with a diversified array of investors, engineers, facility managers, and end-users.
Customer-Centric Approach and Continuous Innovation
Legrand emphasizes a collaborative approach that engages all teams and stakeholders to ensure product offerings are continuously refined and aligned with emerging market needs. Investment in research and development is central to its strategy, underpinning the company’s ability to introduce enhanced value use products that cater to faster expanding segments such as connected offerings and energy efficiency programs. This unwavering pursuit of innovation solidifies Legrand's position as a trusted source for high-performance, secure, and reliable infrastructure solutions worldwide.
Legrand reports liquidity account details as of June 30, 2022. The account held 114,733 shares valued at €18,493,014. In H1 2022, 12,384 buy executions totaled 1,634,456 shares for €135,861,084, while 15,576 sell executions amounted to 1,552,669 shares for €129,015,648. This reflects increased trading activity compared to the previous half, where 9,587 buy and 9,950 sell executions were reported. The liquidity agreement complies with AMF regulations and encourages authentic verification via the CertiDox app.
On July 4, 2022, Legrand received a statement of objections from the French Competition Authority regarding its derogation mechanism with distributors in France. Legrand is dedicated to compliance with applicable laws and will defend its position in the upcoming legal proceedings. Key dates include the first-half results scheduled for July 29, 2022, and the nine-month results on November 3, 2022. The company reported sales of €7.0 billion in 2021 and is recognized for its innovative electrical and digital building solutions across various markets.
Legrand has reported stable share capital as of June 30, 2022, with a total of 266,817,746 shares, consistent with previous months. Voting rights stand at 266,668,994 after deducting non-voting shares. The next financial milestones include first-half results on July 29, 2022 and nine-month results on November 3, 2022. The company, a leader in electrical and digital building infrastructures, achieved sales of €7.0 billion in 2021 and emphasizes profitable growth through innovation and acquisitions.
Legrand reports its share capital details as of May 31, 2022, indicating a total of 266,817,746 shares and 266,267,686 exercisable voting rights. There has been no change in the number of shares since the previous report on March 31, 2022. Key upcoming financial dates include the release of 2022 first-half results on July 29, 2022, following a quiet period starting June 29, 2022. Legrand, listed on Euronext Paris, specializes in electrical and digital building infrastructures.
Legrand, a global specialist in electrical and digital infrastructures, announced a new Share Buyback Program approved on
Legrand held its Combined Shareholders' Meeting on May 25, 2022, where all proposed resolutions were approved, including the renewal of three directors and the appointment of an independent director. The Board comprises 14 members, with 83% independent members and 42% women. A dividend of €1.65 per share was approved, with an ex-dividend date of May 30 and payment on June 1. CEO Benoît Coquart highlighted strong financial performance in 2021, with a 13.6% organic growth and a net income increase of 32.8%. The company aims for sustainable growth with ambitious ESG targets.
Legrand has released its unaudited consolidated financial information as of March 31, 2022. The company is a leading global specialist in electrical and digital infrastructure, reporting sales of €7.0 billion in 2021. Legrand continues to focus on profitable growth through acquisitions and innovation, emphasizing solutions for data centers and energy efficiency. The Group aims to enhance building infrastructures, responding to technological trends. Investors can access the financial details on their official website.
Legrand reported its financial results for Q1 2022, showing strong growth with net sales increasing to €1,972.3 million from €1,674.1 million in Q1 2021. Operating profit rose to €377.6 million, reflecting a 10.9% increase year-over-year. Basic earnings per share improved to €0.968, up from €0.853. Cash and cash equivalents slightly decreased to €2,778.5 million. The company also acquired Emos, a leading electrical installation components provider in Central and Eastern Europe, enhancing its market position. Despite positive results, the free cash flow dropped significantly to €44.4 million from €245.9 million.
Legrand reported a 17.8% increase in sales for Q1 2022, reaching €1,972 million, driven by a 11.2% organic growth rate. Adjusted operating margin stood at 20.3%, while net profit rose 13.3% to €258 million. The company confirmed its full-year targets, aiming for 5% to 11% sales growth amid ongoing inflation and supply chain pressures. Legrand also prioritized ESG goals, unveiling its fifth CSR roadmap, and will propose a €1.65 dividend per share, a 16.2% increase from 2020, at the upcoming shareholder meeting.
As of April 30, 2022, Legrand reports a total of 266,817,746 shares in its capital, with 266,262,686 exercisable voting rights. This reflects a decrease from 267,447,746 shares at the end of December 2021. The company will release its Q1 2022 results on May 5, 2022, with a general shareholders' meeting set for May 25, 2022. Legrand aims to navigate the evolving market through acquisitions and innovation, focusing on connected solutions and energy efficiency.
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