Legrand reported Q1 17 results above expectations - Sales reached €1,318.8m vs €1,189.6m in 2016 (+10.9% yoy change). - The operating profit increased by 14.3% yoy (€246.9m vs €216m in Q1 2016) - The free cash flow reached €83.1m in 2017 vs €37.4m in Q1 16. - Organic growth in sales: +4.6% - Payment of €1.19 per share dividend Legrand confirmed its 2017 target on the basis of its strong showings in Q1 17. However, the company takes into account the unfavoura
11 May 2017
Strong Q1 including one-offs, while acquisitions continued at a high pace
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Strong Q1 including one-offs, while acquisitions continued at a high pace
Legrand SA (LR:WBO) | 0 0 0.6% | Mkt Cap: 16,627m
- Published:
11 May 2017 -
Author:
Lionel Pellicer -
Pages:
3
Legrand reported Q1 17 results above expectations - Sales reached €1,318.8m vs €1,189.6m in 2016 (+10.9% yoy change). - The operating profit increased by 14.3% yoy (€246.9m vs €216m in Q1 2016) - The free cash flow reached €83.1m in 2017 vs €37.4m in Q1 16. - Organic growth in sales: +4.6% - Payment of €1.19 per share dividend Legrand confirmed its 2017 target on the basis of its strong showings in Q1 17. However, the company takes into account the unfavoura