Report
Delphine Brault ...
  • Quentin Borie

Legrand : 2023 s’annonce mitigée sur les volumes et solide sur la marge d’EBIT ajusté

>Encore des volumes négatifs au T4, mais l’EBITA surprend favorablement - Legrand a publié hier matin des résultats T4 2022 assez sensiblement au-dessus des attentes (cf. notre flash). Au T4, les volumes sont restés négatifs, à -1.4% et le pricing a atteint 9.9%, portant la croissance organique à 8.5%. La marge d’EBITA ajusté progresse fortement à 21.1% (+320 pb) soutenue notamment par un impact de l’inflation des matières premières et composants désormais moins ...
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

Quentin Borie

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