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LR — Legrand SA News Story

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Brief: Legrand Lifts 2030 Revenue CAGR Targets To Between +6% and +8%

BRIEF-Legrand Lifts 2030 Revenue CAGR Targets To Between +6% and +8% 

- Legrand SA LEGD.PA:

  • UPS 2030 TARGETS: REVENUE CAGR BETWEEN +6% AND +8% (PREV.: +3% À +5%)

  • UPS 2030 TARGETS: ADJUSTED OPERATING MARGIN BETWEEN 21% AND 22% ON AVERAGE BASIS (PREV.: 20%)

  • UPS 2030 TARGETS: DISCIPLINED CAPITAL ALLOCATION WITH AROUND 60% OF FCF FOR ACQUISITIONS (PREV.: AT LEAST 50% )

  • 2030 TARGETS: FCF BETWEEN 13% AND 15% OF TURNOVER (UNCHANGED)

  • 2030 TARGETS: DIVIDENDS AT AROUND 50% OF NET DISTRIBUTABLE PROFIT, TARGETED SHARE BUY-BACKS

Source text: [here]

Further company coverage: LEGD.PA


(Gdansk Newsroom)

((gdansk.newsroom@thomsonreuters.com ; +48 58 7696600;))

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