Legrand : Roadshow feedback: well-oiled business model in an uncertain environment
>Stable volumes in Q4, reflecting a deceleration in the construction market - We organised a roadshow with Legrand’s CFO last week. After adjusting for the price effect (9.9%), Q4 volumes remained stable when restating for the Russia impact. While this is less favourable than some other players in the sector (Assa Abloy 4%, Schneider +5%, Rexel +6%), it reflects varying exposures to end markets, and particularly residential (which accounts for 40% of Legrand’s consoli...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.
Unfortunately, this report is not available for the investor type or country you selected.
Browse all ResearchPool reportsReport is subscription only.
Thank you, your report is ready.
Thank you, your report is ready.