Legrand has secured €800 million in convertible bonds, bolstering its financial resilience and positioning the company for continued growth and expansion.
Legrand’s stock price has reached a significant milestone, closing at 99.42 EUR, with a 52-week high of 111.95 EUR and a low of 82.94 EUR, and valuation metrics indicating a price-to-earnings ratio of 24.44 and a price-to-book ratio of 3.76.
Legrand SA, a French industrial powerhouse, has seen a 67% increase in stock price over the past five years, solidifying its position as a lucrative investment opportunity with a focus on innovative leadership in lighting controls.
Legrand reported a strong 2024 performance, with 3.9% sales growth and a 20.5% adjusted operating margin, despite challenging market conditions, positioning the company for future growth and market expansion.