No great changes at Legrand
Legrand generated a turnover of EUR 4,499.1 m in 2014, which represents a marginal growth rate of only 0.87% compared to the 2013 figure of EUR 4,460.4 m.
There was equal satisfaction with the turnover trend in the USA and Canada (+2.2%) and with that in the new economies (e.g. Asia, India, Africa, the Middle East and Latin America) as well as some European countries, which were more than able to offset the drops in countries such as France (-3.3%) and Italy (-4.1%).
Operating profits of EUR 880.4 m were slightly below last year’s figure of EUR 882.3 m, and it was possible to reduce net liabilities by 11.5% in comparison with 2013 to EUR 856 m.