Legrand: 2024 Q1 Results

Legrand: 2024 Q1 Results

In a building market in retreat, Legrand reports lower sales and good margin resilience in Q1

Sales: -5.6%, i.e. -3.7% excluding exchange rates and Russia Adjusted operating margin: 20.5% of sales
Net profit attributable to the Group: 13.6% of sales

3 acquisitions announced since the beginning of the year 2024 full-year targets unchanged