Legrand: H1 earnings up 11.5%.
(CercleFinance.com) - Legrand has published H1 2017 net attributable income of 316.
2 million euros, up 11.5%, with an operating margin (adjusted before acquisitions) of 20.6% of sales, up 0.5 point.
Sales rose by +9.1% to 2,671.6 million euros, including organic sales growth of +3.2%, thanks to the sound performance at both mature countries and emerging economies".
The ongoing launch of new products, including the new Smarther connected thermostat in Italy in Q2 2017, contributes to these achievements, said Gilles Schnepp, group CEO.
Copyright (c) 2017 CercleFinance.com. All rights reserved.
2 million euros, up 11.5%, with an operating margin (adjusted before acquisitions) of 20.6% of sales, up 0.5 point.
Sales rose by +9.1% to 2,671.6 million euros, including organic sales growth of +3.2%, thanks to the sound performance at both mature countries and emerging economies".
The ongoing launch of new products, including the new Smarther connected thermostat in Italy in Q2 2017, contributes to these achievements, said Gilles Schnepp, group CEO.
Copyright (c) 2017 CercleFinance.com. All rights reserved.