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.
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%.
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.