Legrand: medium-term objectives confirmed

(CercleFinance.com) - On the occasion of its investor day, Legrand confirms its medium-term targets announced 11 February, including an average annual growth in its revenue, excluding foreign exchange effects, between +5% and +10%.


Over a full economic cycle and barring a major economic slowdown, it is aiming for an average adjusted operating margin of approximately 20% of revenue and a normalised free cash-flow of between 13% and 15% of revenue on average.

Legrand will also pursue a “bold and exemplary” ESG approach. Its fifth CSR roadmap will commence in 2022 headed up by Virginie Gatin (director of corporate social responsibility), who has just joined the Executive Committee.

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