Feb 13, 2025 / 08:30AM GMT
Benoit Coquart - Legrand SA - Chief Executive Officer, Member of the Executive Committee, Director
As you know, we have published today our press release, financial statements and a slide show to which we will refer. After a few opening remarks, we will comment the results into more details.
I begin on page 4 with the three key takeaways of this release. First, we fully achieved our 2024 targets with both a nice growth coming from data centers and M&A and high levels of profitability and cash generation. Second, the main initiatives we pursued in 2024 are clearly putting us on track to meet our 2030 ambitions. Third, we are setting 2025 targets aimed at accelerating growth with sales up between plus 6% and plus 10% for the full year.
Starting on page 6, we fully achieved our targets for 2024 with organic plus M&A sales up plus 3.9%, 20.5% adjusted EBIT margin after acquisitions, and 113% of CSR achievement rate.
Moving to page 7, I will comment on sales trends. In 2024, excluding FX and Russia, our sales increased by almost plus 4%, including an organic trend of plus 1%
Full Year 2024 Legrand SA Earnings Call Transcript
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