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 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.
Legrand announces the total number of shares as of August 31, 2021, remaining constant at 267,447,746. The number of exercisable voting rights stands at 266,757,865 after accounting for shares without voting rights. Notably, no shares will be created from stock options as the last plan expired in March 2020. Key financial dates include Capital Markets Day on September 22, 2021, followed by the 2021 nine-month results on November 4, 2021.
Legrand, a leading global specialist in electrical and digital infrastructures, reported sales of €6.1 billion in 2020.