Legrand Legrand



Financial information

Results for the first nine months of 2016

Solid results in the first nine months of 2016
Healthy total growth in sales: +4.1% (including +2.1% organic growth)
Rise in adjusted operating profit: +5.7% (adjusted operating margin before acquisitions: 20.2%)

Ongoing Group development
Deployment of the Eliot program: success of connected offers and launch of Eliot in North America
Active external growth: eight acquisitions made since the beginning of the year

2016 targets updated

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Group News

Fighting global warming: Legrand reasserts its determination to reduce its energy footprint

Within a few days of the entry into force of the Paris agreement, and after the COP 22 conference, Legrand has announced it is joining two major international initiatives aimed at fighting global warming. The Science Based Targets program encourages companies to commit to specific targets for cutting their CO2 emissions, while the Global Alliance for Energy Productivity against climate change is an international alliance seeking to enhance energy intensity levels. Joining both of these initiatives reinforces Legrand’s track record of committing to limit the environmental impact of its business.

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Legrand expands further in lighting control in North America by acquiring Solarfective in Canada

Legrand today announced its eighth acquisition in 2016 with the purchase of Solarfective, a Canadian specialist in natural light control for commercial buildings. Following its acquisition of QMotion in the United States, Legrand thus further expands in North America in solutions for managing day light through control of automated shades—a market driven primarily by changes in energy codes and consumers’ increasing willingness to reduce their energy spending.

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