Legrand SA (LGRDY) Q2 2026 Earnings Call

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WEBVTT 00:00:00.031 -- 00:00:05.413 Good morning, ladies and gentlemen, and welcome to today's Legrand's 2026 Half-Year Results 00:00:05.413 -- 00:00:10.095 Conference Call. For your information, this conference is being recorded. 00:00:10.095 -- 00:00:13.056 All participants are in a listen-only mode. 00:00:13.056 -- 00:00:15.677 Later, there will be a question-and-answer session. 00:00:15.677 -- 00:00:19.238 At this time, I'd like to hand the call over to CEO, Mr. 00:00:19.238 -- 00:00:22.520 Benoît Coquart, and CFO, Mr. Franck Lemery. 00:00:22.520 -- 00:00:24.958 Please go ahead, sir. 00:00:24.958 -- 00:00:27.580 Thank you very much. Good morning, everybody. 00:00:27.580 -- 00:00:32.224 Franck, Ronan, and myself are happy to welcome you to Legrand 00:00:32.224 -- 00:00:37.308 H1 2026 conference call and webcast. This morning, as usual, 00:00:37.308 -- 00:00:42.392 we published our press release, financial statements, and the slideshow 00:00:42.392 -- 00:00:46.535 that we will refer to during the call. After a few opening remarks, we'll comment on 00:00:46.535 -- 00:00:48.897 the results in more detail. 00:00:48.897 -- 00:00:53.118 Let me start on page four with the key highlights of the quarter. 00:00:53.118 -- 00:00:58.201 First, Legrand delivered another period of record sales growth together 00:00:58.201 -- 00:01:00.902 with continued excellent profitability. 00:01:00.902 -- 00:01:05.905 Second, we are continuing to implement our 2030 strategic roadmap with 00:01:05.905 -- 00:01:07.446 determination. 00:01:07.446 -- 00:01:12.229 Third, we are raising our full year 2026 targets. 00:01:12.229 -- 00:01:17.691 Moving to pages six and seven, I will start with an overview of sales. 00:01:17.955 -- 00:01:24.939 Self-delivered strong growth of plus 17.4% in H1 2026, ex...