Robust results: this is how the performance of French electrical equipment manufacturers Legrand and Schneider Electric can be described in 2020. It was not a given, given the context marked by a global pandemic that led to an economic crisis major.
“In April, we experienced a drop in our turnover of 41%.
Never seen before, ”
explains Benoît Coquard, CEO of Legrand.
Over the year as a whole, the decline was ultimately limited to 7.9%, to 6.1 billion euros.
And the operating margin reached 19%, against 20% in the previous year.
"We can only be delighted with our results for the whole of 2020,"
said Benoît Coquard.
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Christel Heydemann, industry activist
Schneider Electric's performance is very similar.
At 25.2 billion euros, sales fell 7.4%.
The gross operating surplus (Ebita) margin remained stable at 15.6%.
“In the second half of the year, we resumed our sales growth and increased our
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