Full Year 2025 Legrand SA Earnings Call Transcript
Key Points
- Legrand SA (LGRDY) achieved record sales growth in 2025, with a 13.1% increase excluding currency effects, driven by a strong performance in data centers.
- The company reported a solid adjusted operating margin of 20.7% of sales, demonstrating high profitability and effective strategic execution.
- Legrand SA (LGRDY) successfully met its 2025 CSR objectives, achieving a 110% target rate, particularly excelling in CO2 emission reduction and sustainable materials usage.
- The company is actively pursuing its strategic roadmap towards EUR15 billion in sales by 2030, with a focus on energy and digital transition offerings.
- Legrand SA (LGRDY) announced a proposed dividend increase of 8.2% from 2024, reflecting strong financial performance and shareholder returns.
- The company faced a negative currency effect of 3.1% in 2025, which is expected to continue at around 2.5% in 2026.
- Sales in South America retreated, impacting overall growth in the rest of the world segment.
- Legrand SA (LGRDY) anticipates a slightly negative building market in the US for 2026, with no short-term positive signals in the residential sector.
- The company is cautious about the renovation market in Europe, expecting only a slight increase in 2026.
- Legrand SA (LGRDY) faces challenges from US customs policies, which increased the cost base by approximately $100 million.
Good day, and thank you for standing by. Welcome to the Legrand 2025 full year results conference call and webcast. (Operator Instructions) Please be advised that today's conference is being recorded.
I would now like to hand the conference over to our first speaker today, Benoît Coquard, CEO of Legrand. Please go ahead.
Thank you. Good morning, everybody. Franck Lemery, Ronan Marc, and myself are happy to welcome you to the Legrand 2025 full year results conference call and webcast. As you know, this call is recorded. We have published today our press release, financial statements, and a slideshow to which we will refer. I begin on page 4 with the three key highlights of this release.
First, Legrand delivered a remarkable performance with record sales growth, high profitability, and a strong achievement of its CSR objectives. Second, the Group continued the successful deployment of its strategic roadmap towards EUR15 billion of sales by 2030. Third
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
