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.
News for Legrand SA UNSP/ADR (LGRDY) centers on announcements from Legrand, which describes itself as the global specialist in electrical and digital building infrastructures. Company news highlights developments across its commercial, industrial, and residential activities, with frequent emphasis on data centers, connected offerings, and energy efficiency programs.
Recent releases showcase initiatives from Legrand’s Data, Power & Control division and its brands. Examples include rapid-response fiber shipping programs designed to support data center buildouts, new high-speed optical transceivers from Approved Networks for data-heavy AI applications, and remote plug-in actuators for Starline track busway products that address rising rack power densities in data centers. Other updates describe ZPE Systems, now part of Legrand, launching out-of-band management platforms and console servers aimed at improving IT resilience and protecting AI investments.
Legrand’s news flow also covers information security milestones, such as ISO/IEC 27001:2013 certification for its Data, Power & Control division, and partnerships like its work with Microsoft on Signature Microsoft Teams Rooms for hybrid conferencing spaces. Leadership changes and acquisition announcements, including the completed acquisition of ZPE Systems, further illustrate how Legrand combines acquisitions and innovation in its growth strategy.
Investors and observers following LGRDY news can use this page to review company statements on data center infrastructure, connected building solutions, cybersecurity practices for networked devices, and strategic moves in segments that Legrand identifies as expanding faster, such as data centers, connected offerings, and energy efficiency programs.
On November 30, 2022, Legrand announced the total number of shares at 266,817,746, with 266,679,938 exercisable voting rights. No stock options were exercised, indicating stable share capital. The latest figures remained unchanged since September 30, 2022. Key upcoming financial dates include the annual results on February 9, 2023, and the first-quarter results on May 4, 2023. Legrand, a leader in electrical and digital infrastructure, reported sales of €7.0 billion in 2021 and is listed on Euronext Paris, being a component of the CAC 40 and CAC 40 ESG indexes.
Approved Networks, a brand of Legrand, announced the launch of its new 100GBASE QSFP28 Universal transceiver. This innovative device offers a cost-effective solution for both multi-mode and single-mode applications, significantly reducing sourcing challenges and costs compared to existing multi-mode LC solutions that can take up to 40 weeks to source. The transceiver is in stock and provides single-mode interoperability, setting it apart from traditional solutions. This product expands Approved Networks' diverse family of optical devices for various data center applications.
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.