Result

News aus der Elektroindustrie

13
Feb

Legrand ended 2020 down 7.9%....

Legrand ended 2020 down 7.9%. Sales in 2020 amounted to EUR 6,099.5 m, compared to EUR 6,622.3 m in 2019. The operating profit was EUR 1,065.4 m, minus 13.9%.

The decline in the established, mature markets was 8.5%, in the new economies it was minus 9.4%. This trend was mainly due to the deteriorating health and economic environment, as well as the steady depletion of inventory by distributors.

In Europe the share of sales was 39.3%, in North and Central America 40.7% and in the rest of the world 20%.

To supplement and complete the program, four new companies were taken over in 2020: Champion One in Cleveland and Focal Point in Chicago / USA, Compose in Sint-Michielsgestel / NL, and Borri in Bibbiena / IT.

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04
Dec

Rexel announced better than expected results for 2020;...

Rexel announced better than expected results for 2020; this also made it possible to repay the 2024 bond early. By investing in the last three years, Rexel has been able to further improve its customer service, mainly in terms of staff, branches and further digitalization.

During the second wave of the Corona crisis, Rexel was particularly satisfied with the better than expected business activity.

For the next year, they want to resume dividend payments.

With the prospect of a vaccine against Covid-19, the company looks forward to the press conference on February 11, 2021, where not only the annual report for 2020 will be presented, but also the strategic direction for the next few years.

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Solar from Denmark, the leading wholesaler in the Scandinavian region...

Solar from Denmark, the leading wholesaler in the Scandinavian region has revised its forecast for 2020. Earnings (EBITA) are now expected to increase by around 9% to DKK 435 million (EUR 58.4 million) with a slight decrease in sales of around 1% to DKK 11,300 million (EUR 1,518 million). The third quarter of 2020 was already promising, and the Better Business project that was started at the beginning of the year certainly helped a lot and led to the revised assumption.

The prerequisite is, of course, that the resurgence of COVID-19 does not lead to new significant lockdowns in their markets.

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Rockwell Automation Inc. from Milwaukee/ WI did not manage to maintain its turnover and profits in the 3rd quarter 2016 (April-June) in comparison with last year.

Rockwell Automation Inc. from Milwaukee/ WI did not manage to maintain its turnover and profits in the 3rd quarter 2016 (April-June) in comparison with last year.

Turnover stood at USD 1.47 bn (EUR 1.34 bn) compared with USD 1.58 bn (EUR 1.44 bn) in the same period last year, which represents a drop of 7%. Profits amounted to USD 203.1 m (EUR 184.7 m) against USD 216.3 m (EUR 196.7 m) last year, minus 6.1%.

Blake Moret, the new CEO, is still expecting a rise in sales figures towards the end of the year, but less than one could have expected as recently as April.

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Philips CEO Frans van Houten is sticking to his forecast for 2016 as a whole, for the second half of the year............

Philips CEO Frans van Houten is sticking to his forecast for 2016 as a whole, for the second half of the year............

a slightly better result is expected but there are concerns about the volatility in some markets.

In the 2nd quarter a turnover of EUR 5.86 m was made, which is 2% less than in the same period last year. Profits amounted to EUR 431 m and were 57.3% higher than in Q2 2015.

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