Legrand Q1 sales 2.538 bln eur, up 11.4%; up organic 9.3%
(Il Sole 24 Ore Radiocor) - Milano, 7 mag - The French manufacturer of electrical equipment Legrand said that in the first quarter sales rose 11.4% to 2.538 billion euros, with organic growth at 9.3%.
Organic growth was driven by a 25.8% increase in North and Central America.
Adjusted operating profit stood at 524.7 million, up 11.5% year on year, resulting in a margin of 20.7% of sales, stable compared to the first quarter of 2025.
Net profit attributable to the group rose 14.2% to 334.9 million euros.
Legrand confirmed its full-year targets.
The company expects sales growth, excluding currency effects, of 10-15%, comprising organic growth of 4-7%, and growth through acquisitions of 6-8%.
Adjusted operating margin after acquisitions is seen at.
20.5-21.0%.
(RADIOCOR) 07-05-26 08:29:52 (0193) 5 NNNN