Report
Delphine Brault

Legrand : Legrand is no exception and abandons its guidance for 2020

>Legrand this morning announced that it has abandoned its 2020 targets - As already announced by numerous groups, Legrand has indicated that it has suspended its targets for 2020.Moreover, management stressed:Organisation to best serve those clients for whom their activity is essential to the effective functioning of the economy (notably hospitals, electricity plants, etc.)That it is actively working to protect its profitability and FCF.On 13 Febr...
Underlying
LEGRAND

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).

Provider
Oddo BHF
Oddo BHF

​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.

Analysts
Delphine Brault

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