Legrand : Feedback from CMD: 50% of sales targeted in the medium term on new markets
>New markets = 31% of sales at present and 50% targeted further out - The Capital Market Day provided management with an opportunity to detail its strategic roadmap, which aims notably to step up its organic growth and to continue acquisitions. Management detailed the new markets at length, which are developing at a faster rate than the traditional markets. These new segments represented 31% of the group’s 2020 sales (net of overlap) and include energy efficiency...Legrand is a global specialist in electrical and digital building infrastructure based in France. Co. offers a full range of control-and-command, cable management, energy distribution and "Voice-Data-Image" products and systems which are suitable for the international commercial, industrial, and residential segments of the low voltage market. Co. markets its products under internationally recognized general brand names, including Legrand and Bticino. Each product group is marketed in all of Co.'s major geographic markets (France, Italy, Rest of Europe, USA/Canada and Rest of the World).
Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.
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