04
Aug

Legrand also in the 1st half of the year top

Legrand was able to fully confirm its year-end targets after the first half of the year, including value-adding acquisitions.

Since the beginning of the year Legrand has made 4 smaller acquisitions. One in China (Shenzhen Clever Electronic), France (Debflex), Dubai (Gemnet), and a joint venture with Modulan (Germany).

In the first half of the year, 2,986.8 m EUR were up by 11.8% compared to 2017. The operating result amounted to 589.4 m EUR and grew by 13.3%.

In France (16% of Group sales), sales increased by 2%; In Italy (10% of Group sales) sales rose by 6.3%, in the rest of Europe the increase was 11.3%.