Legrand : First nine-month results, 8 November 2018
November 08, 2018 at 03:39 am EST
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AGENDA
1
HIGHLIGHTS
P. 3
2DOUBLE-DIGIT GROWTH IN KEY INDICATORS
P. 5
3MULTIPLE DEVELOPMENT INITIATIVES
P. 14
42018 TARGETS CONFIRMED AND SPECIFIED
P. 21
5APPENDICES
P. 23
1
HIGHLIGHTS
1
HIGHLIGHTS
HIGHLIGHTS
Double-digit growth in key indicators
▪
Net sales:
+11.3% (+17.2% excluding FX)
▪
Adjusted operating profit:
+11.4%
▪
Net profit attributable to the Group:
+21.1%
▪
Normalized free cash flow:
+24.5%
Organic growth in sales: +4.8% in 9M 2018, including +3.9% in Q3 2018
Adjusted operating margin before acquisitions(1)at 20.4%, stable vs. 9M 2017 as performance in the third quarter alone was unfavorably affected by specific items
Multiple development initiatives
▪Success of new product launches
▪To date, four external growth operations announced
2018 targets confirmed(2)and specified
1.At 2017 scope of consolidation.
2.Targets announced on February 8, 2018. See Appendix on page 25 for the complete wording of Legrand's 2018 targets.
2
DOUBLE-DIGIT GROWTH
IN KEY INDICATORS
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Legrand SA published this content on 08 November 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 08 November 2018 08:38:04 UTC
Legrand is the global specialist in electrical and digital building infrastructure. Its comprehensive range, suitable for the commercial, industrial, and residential segments of the low voltage market, makes Legrand a benchmark for customers worldwide. Close to its markets and focused on its customers, Legrand has commercial and industrial operations in over 90 countries. The group benefits from solid, long-term growth levers.
Geographically, 41.4% of net sales are generated Europe region, 38.6% in North and Central America and 20% in the rest of the world.
In terms of product offering, 36% of its sales come from products with enhanced value in use (datacenters, connected products in the Eliot program, and energy efficiency programs).
In addition, the group benefits from very solid social and technological megatrends which will support its long-term development.