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 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.
The liquidity agreement between Legrand and Exane BNP Paribas was detailed for the second half of 2021, revealing asset holdings of 32,946 shares worth €25,338,450 as of December 31, 2021. During this period, there were 9,587 buy side executions totaling 1,339,907 shares for €108,437,185, while 9,950 sell side executions accounted for 1,171,762 shares worth €111,640,972. Comparatively, the first half of 2021 showed 10,731 buy side and 12,641 sell side executions. The agreement complies with AMF regulations.
Legrand has reported that as of November 30, 2021, the total number of shares in its share capital remains at 267,447,746, with 266,769,570 exercisable voting rights after accounting for shares without voting rights. This total is unchanged since the previous update on September 30, 2021. The last stock options plan expired in March 2020, ensuring no new shares from this source. Key upcoming financial dates include annual results on February 10, 2022, and first-quarter results on May 5, 2022.
Legrand, a global specialist in electrical and digital building infrastructures, confirmed on November 30, 2021, a total share capital of 267,447,746 shares, with an exercisable voting rights count of 266,748,515. No changes in share count were reported since the previous financial statements, indicating steady equity status. The company will announce its 2021 annual results on February 10, 2022, with a “quiet period” starting on January 11, 2022. Legrand is committed to sustainable growth backed by innovation and strategic acquisitions.
Legrand has reported that as of October 31, 2021, the total number of shares composing its share capital remains at 267,447,746. The theoretical number of voting rights is also 267,447,746, while the number of exercisable voting rights stands at 266,724,166, after deducting shares without voting rights. No shares will be created from stock options as the last plan expired in March 2020. Key upcoming financial dates include the 2021 annual results scheduled for February 10, 2022.
Legrand's consolidated financial report as of September 30, 2021 is now available. The company, listed on Euronext Paris and part of the CAC 40 index, specializes in electrical and digital building infrastructures. In 2020, Legrand reported sales of €6.1 billion.
The group focuses on sustainable growth through strategic acquisitions and innovation, particularly in connected solutions through its Eliot program, which enhances the Internet of Things capabilities in its offerings.
Legrand reported a 15.0% increase in sales for the first nine months of 2021, reaching €5,169 million, with organic growth of 16.0%. The company's adjusted operating margin improved to 21.4%, while net profit surged 41.7% to €699 million. Full-year targets have been revised upwards, expecting organic sales growth of 11%-13% and an adjusted operating margin of 20.0%-20.5%. Despite supply chain pressures, Legrand remains optimistic, focusing on faster-expanding segments like datacenters and energy efficiency.
Legrand reported a total of 267,447,746 shares as of
Legrand announced a study confirming the efficacy of its Indigo-Clean light disinfection technology in inactivating SARS-CoV-2 and influenza A viruses across clinical settings. Published in Scientific Reports on September 30, 2021, the research demonstrated a 94% inactivation rate for the virus. The findings reinforce Indigo-Clean's role in ensuring safety in healthcare environments, especially during the COVID-19 pandemic. The study was funded by Kenall and highlights the technology's quick return on investment, with potential for further application in various clinical settings.