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 announced that as of April 6, 2022, the total number of shares in circulation stands at 266,817,746, with a theoretical number of voting rights also at 266,817,746. The number of exercisable voting rights is slightly lower at 266,392,334 due to shares without voting rights. This update follows a period where the total number of shares remained consistent since the end of 2021, with no exercise of stock options reported. Upcoming key dates include the first-quarter results on May 5, 2022, and the General Meeting of Shareholders on May 25, 2022.
Legrand reported significant stock transactions from April 4 to April 7, 2022. The total trading volume reached 305,000 shares, with a weighted average purchase price of €83.30. Key transactions included 31,252 shares traded at €86.5190 on April 4, and 90,000 shares at €82.4195 on April 7. These activities were conducted in the Euronext Paris market, signaling active trading behavior and potential investor interest in LGRDY.
Legrand reported the total number of shares as of March 31, 2022, standing at 266,817,746, a decrease from 267,447,746 shares as of December 31, 2021. The number of exercisable voting rights is 266,591,539. Key upcoming dates include the first-quarter results on May 5, 2022 and the General Meeting of Shareholders on May 25, 2022. Legrand continues to focus on profitable growth through innovation and acquisitions, having reported sales of €7.0 billion in 2021.
Legrand (Euronext Paris: LR) reported its share buyback activities for the week of March 28 to April 1, 2022. The company repurchased a total of 145,000 shares at an average purchase price of €87.1524. The transactions were conducted on Euronext Paris, with daily volumes ranging from 20,000 to 45,000 shares at prices between €86.6671 and €88.3179. This move reflects Legrand's strategy to enhance shareholder value through stock buybacks.
Legrand announces its 5th sustainable development roadmap at a virtual ESG event on March 29, 2022. The roadmap spans 2022-2024 and focuses on four main pillars: reducing carbon footprint, promoting diversity, developing a circular economy, and responsible business practices. Key targets include reducing emissions by helping customers avoid 12 million tons of CO2, ensuring 30% of management roles are held by women, and using 15% recycled plastics in products. The event features CEO Benoît Coquart and CFO Franck Lemery.
Legrand announced a share buyback program involving up to 450,000 shares, approximately 0.17% of its capital. The buyback period is set from March 28, 2022 to May 10, 2022, with an average purchase price not exceeding €120 per share. These shares will primarily fund performance share plans or may be canceled. This program is authorized by shareholders as of May 26, 2021. The company aims to enhance shareholder value and maintain a strong presence in the market.
Legrand has updated its share capital, reporting a total of 266,817,746 shares as of February 28, 2022, reflecting a decrease from 267,447,746 shares at year-end 2021. The company recorded 266,754,233 exercisable voting rights after deducting shares without voting rights. No new shares will be issued due to the expiration of the stock options plan in March 2020. Key financial dates include the March 29, 2022 ESG Digital Capital Markets Day and the May 5, 2022 release of first-quarter results.
Legrand has released its consolidated financial report as of December 31, 2021, available on its website. The company specializes in electrical and digital building infrastructures and achieved €7.0 billion in sales in 2021. Legrand's strategy focuses on profitable growth through acquisitions and innovation, enhancing value in segments such as datacenters and energy efficiency programs. It is listed on Euronext Paris and is part of the CAC 40 and CAC 40 ESG indexes.
Legrand reported record results for 2021, achieving nearly €7 billion in sales, a growth of 14.7% year-over-year. Key highlights include a 20.5% adjusted operating margin and a 32.8% increase in net profit, reaching €904 million. The company generated normalized free cash flow equivalent to 15.4% of sales. Legrand aims for continued growth in 2022, projecting sales growth of 5% to 11% and maintaining its commitment to ESG goals with a 100% CSR achievement target. Additionally, two new acquisitions were announced, expanding its market leadership.
On January 31, 2022, Legrand disclosed its share capital details, reporting a total of 267,447,746 shares. The theoretical voting rights are equal to the number of shares, while the exercisable voting rights stand at 266,751,016, after accounting for shares without voting rights. Since the last financial statement, there has been no exercise of stock options, maintaining the total share count. Key upcoming financial dates include the 2021 annual results set for February 10, 2022.
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