Legrand SA (LGRDY) Q1 2025 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.177 Mr. Roman and I are happy to welcome you to the Legrand 2025 00:00:05.177 -- 00:00:08.240 QOM conference call and webcast. 00:00:08.240 -- 00:00:13.326 As you know, we have published today a press release, financial statements, and a 00:00:13.326 -- 00:00:18.632 slideshow to which we will refer. After a few opening remarks, we will comment the 00:00:18.632 -- 00:00:23.296 results into more details. I begin on 00:00:23.338 -- 00:00:27.706 page 4 of the deck with the three key highlights of this release. 00:00:27.706 -- 00:00:32.953 First, Legrand reports strong growth in sales, with an acceleration of growth in data 00:00:32.953 -- 00:00:39.461 centers, together with very solid results in Q1, in line with our expectations. 00:00:39.461 -- 00:00:43.947 Second, we are actively executing our strategic plan for 2030. 00:00:43.947 -- 00:00:47.831 And third, we confirm our full-year targets. 00:00:47.831 -- 00:00:53.592 We will also touch a few words on the key topics on the agenda of our incoming 00:00:53.592 -- 00:00:59.357 general meeting of shareholders. Moving to pages 6 and 7, I will start with an overview 00:00:59.357 -- 00:01:03.341 of sales. In the first quarter of 2013-2025, 00:01:03.341 -- 00:01:08.864 excluding ethics, our sales grew by plus 11.2%, 00:01:10.708 -- 00:01:14.609 with another growth of plus 7.6%, 00:01:14.651 -- 00:01:18.034 and a positive scope from acquisitions of plus 3.3%. 00:01:18.034 -- 00:01:19.956 Pays 00:01:19.956 -- 00:01:25.251 on acquisitions made so far and the likely dates of consolidation, the overall 00:01:25.251 -- 00:01:30.259 impact will be more than plus 4% full year, but of course 00:01:30.259 -- 00:01:35.427 we are targeting to complete more deals in the coming months. 00:01:35.427 -- 00:01:...