Legrand SA
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
€48.00 | Lzwncm | Ynfdyxf |
Legrand Well Placed for Investment Cycle in Building Energy Management
Business Strategy and Outlook
Legrand is well positioned to take advantage of growth in building and home automation and energy saving systems. The heart of Legrand’s product portfolio is a full suite of components necessary to supply electricity to a building or home, as well as front-of-the-wall peripherals. Building and home automation essentially deploys systems using software and control panels to link up lighting, power, audio, heating, and air conditioning, as well as appliances and other machines, to be centrally controlled by a user from a control panel, an iPad, or another wireless device.