Legrand : Roadshow feedback: solid prospects in datacenters, the rest will take a little more time
>Volumes back in positive territory in Q2, with some favourable base effects - We held a roadshow with management yesterday following the H1 2024 results which came out slightly higher than expected thanks to a rebound in the datacenters business in Q2. Growth turned positive in Q2 at 1.5% (ODDO BHF 0.4%, consensus -1.1%), including a price effect of zero which means that volumes are back in positive territory. A breakdown by region shows that business is still o...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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