Legrand S A Stock Price, News & Analysis

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 September 30, 2021, maintaining the same number since June 30, 2021. The total number of voting rights stands at 266,726,616 after accounting for shares without voting rights. The last stock options plan expired in March 2020, resulting in no further share creation linked to stock options. Key financial dates include the release of 2021 nine-month results on November 4, 2021 and the General Meeting of Shareholders on May 25, 2022.

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.

Legrand will hold a virtual Capital Markets Day on September 22, 2021, from Limoges, France, to discuss strategies for accelerating value creation. Key leaders, including CEO Benoît Coquart and CFO Franck Lemery, will present their unique growth model, focusing on leadership, innovation, and acquisitions. The Group aims to increase the contribution of high-growth segments such as datacenters and connected products from 31% in 2020 to 50% in the medium term. Additionally, Legrand aims for a sales growth of +5% to +10% and will reaffirm its commitment to ESG initiatives.