Legrand SA Q1 2024 Earnings Call Transcript - Thomson StreetEvents

Legrand SA Q1 2024 Earnings Call Transcript

Legrand SA Q1 2024 Earnings Call Transcript - Thomson StreetEvents
Legrand SA Q1 2024 Earnings Call Transcript
Published May 03, 2024
14 pages (10205 words) — Published May 03, 2024
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Abstract:

Edited Transcript of LEGD.PA earnings conference call or presentation 3-May-24 6:30am GMT

  
Brief Excerpt:

...Operator Good morning, ladies and gentlemen, and welcome to today's Legrand 2024 First Quarter Results Conference Call. For your information, this conference is being recorded. (Operator Instructions) At this time, I would like to hand the call over to CEO, Mr. Benoet Coquart; and CFO, Mr. Franck Lemery. Please go ahead, sir. Benoet Coquart ...

  
Report Type:

Transcript

Source:
Thomson StreetEvents
Company:
Legrand SA
Ticker
LEGD.PA
Time
6:30am GMT
Format:
PDF Adobe Acrobat
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The following is excerpted from the question-and-answer section of the transcript.

(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)

Question: Andre Kukhnin - UBS Investment Bank, Research Division - Analyst : Apologies. I had a technical difficulty. So I just wanted to follow up on data centers invariably. Was your business up, down or flat in Q1 in data centers globally?

Question: Andre Kukhnin - UBS Investment Bank, Research Division - Analyst : Great. And you said strong growth for the full year, which I guess strong is above 10% and probably more like in 15%, right, what we're seeing from the...

Question: Andre Kukhnin - UBS Investment Bank, Research Division - Analyst : I appreciate that. I just wanted also to dig into the profit bridge a little bit. We kind of see, I think, over 50% drop through there from organic growth to EBIT, and you said that net prices are positive with a positive growth price and the raw material is actually down. So I just wanted to understand what else is in the bridge there that drove this maybe a little bit higher than I would have expected to drop through or certainly drop through implied on volumes?

Question: Andre Kukhnin - UBS Investment Bank, Research Division - Analyst : Yes, I completely agree. I just wanted to get exactly that color on what's inside there. And if I just may, on the discretionary expenses increase, is this aligned with what you talked about before in terms of investing in feet on the street and marketing activities to stimulate growth?

Table Of Contents

Full Year 2024 Legrand SA Earnings Call Transcript – 2025-02-13 – US$ 54.00 – Edited Transcript of LEGD.PA earnings conference call or presentation 13-Feb-25 8:30am GMT

Legrand SA Q3 2024 Earnings Call Transcript – 2024-11-07 – US$ 54.00 – Edited Transcript of LEGD.PA earnings conference call or presentation 7-Nov-24 7:30am GMT

Legrand SA Capital Markets Day Transcript – 2024-09-24 – US$ 54.00 – Edited Transcript of LEGD.PA corporate analyst meeting</ 24-Sep-24 10:59am GMT

Half Year 2024 Legrand SA Earnings Call Transcript – 2024-07-31 – US$ 54.00 – Edited Transcript of LEGD.PA earnings conference call or presentation 31-Jul-24 8:00am GMT

Legrand SA Annual Shareholders Meeting Transcript – 2024-05-29 – US$ 54.00 – Edited Transcript of LEGD.PA shareholder or annual meeting 29-May-24 12:30pm GMT

Legrand SA Q3 2023 Earnings Call Transcript – 2023-11-08 – US$ 54.00 – Edited Transcript of LEGD.PA earnings conference call or presentation 8-Nov-23 8:30am GMT

Half Year 2023 Legrand SA Earnings Presentation Transcript – 2023-07-31 – US$ 54.00 – Edited Transcript of LEGD.PA earnings conference call or presentation 31-Jul-23 6:30am GMT

Legrand SA Q1 2023 Earnings Presentation Transcript – 2023-05-04 – US$ 54.00 – Edited Transcript of LEGD.PA earnings conference call or presentation 4-May-23 6:30am GMT

Full Year 2022 Legrand SA Earnings Presentation Transcript – 2023-02-09 – US$ 54.00 – Edited Transcript of LEGD.PA earnings conference call or presentation 9-Feb-23 8:30am GMT

Legrand SA Q3 2022 Earnings Call Transcript – 2022-11-03 – US$ 54.00 – Edited Transcript of LEGD.PA earnings conference call or presentation 3-Nov-22 8:15am GMT

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Cite this Report

  
MLA:
Thomson StreetEvents. "Legrand SA Q1 2024 Earnings Call Transcript" May 03, 2024. Alacra Store. May 23, 2025. <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2024-Legrand-SA-Earnings-Call-T15986125>
  
APA:
Thomson StreetEvents. (2024). Legrand SA Q1 2024 Earnings Call Transcript May 03, 2024. New York, NY: Alacra Store. Retrieved May 23, 2025 from <http://www.alacrastore.com/thomson-streetevents-transcripts/Q1-2024-Legrand-SA-Earnings-Call-T15986125>
  
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