Legrand: Decision of the French Competition Authority on the Application of Derogated Prices in France
30 10월 2024 - 3:30PM
Business Wire
Regulatory News:
Legrand (Paris:LR):
Legrand has taken note of the enforceable decision of the French
Competition Authority ordering Legrand to pay a fine of €43 million
for the application of derogated prices on the French market
between 2012 and 2015.
Legrand categorically rejects the allegation made against it and
reserves the right to appeal this decision.
Legrand reiterates its firm commitment to comply strictly with
applicable law, in particular competition law.
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Key financial dates
- 2024 nine-month results : November 7, 2024 Quiet period1”
starts : October 8, 2024
- 2024 annual results : February 13, 2025 “Quiet period1” starts
: January 14, 2025
- 2025 first-quarter results: : May 7, 2025 “Quiet period1”
starts : April 7, 2025
- General Meeting of Shareholders : May 27, 2025
About Legrand
Legrand is the global specialist in electrical and digital
building infrastructures. Its comprehensive offering of solutions
for residential, commercial, and datacenter markets makes it a
benchmark for customers worldwide.
The Group harnesses technological and societal trends with
lasting impacts on buildings with the purpose of improving life by
transforming the spaces where people live, work and meet with
electrical, digital infrastructures and connected solutions that
are simple, innovative and sustainable.
Drawing on an approach that involves all teams and stakeholders,
Legrand is pursuing a strategy of profitable and responsible growth
driven by acquisitions and innovation, with a steady flow of new
offerings that include products with enhanced value in use (energy
and digital transition solutions: datacenters, digital lifestyles
and energy transition offerings).
Legrand reported sales of €8.4 billion in 2023. The company is
listed on Euronext Paris and is a component stock of the CAC 40,
CAC 40 ESG and CAC SBT 1.5 indexes. (code ISIN FR0010307819).
https://www.legrandgroup.com
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1 Period of time when all communication is
suspended in the run-up to publication of results
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version on businesswire.com: https://www.businesswire.com/news/home/20241029444107/en/
Investor relations & Financial communication Ronan
MARC (Legrand) +33 1 49 72 53 53 ronan.marc@legrand.com
Press relations Lucie DAUDIGNY (TBWA) +33 6 77 20 71 11
lucie.daudigny@tbwa-corporate.com
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