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Social Responsability

11/19/2008 07:11 Legrand wins a prize for its Human Resources management tool

Legrand has won the 2008 Intranet Award for its human resources management tool, Talentis. The award followed a unanimous vote by the jury, made up of experts in training, human resources and new technologies.
The Intranet Award is organised by Cegos Group, in partnership with Entreprise & Carrières magazine and the lesechos.fr website. It rewards the most outstanding achievement of the year in the field of new technologies applied to HR management, taking into account four criteria: the practicality of the Intranet, its efficiency, its cost-effectiveness and its innovative qualities.

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Group

11/19/2008 07:11 Legrand is rewarded for its innovation management policy

Legrand recently won the Jury's special award for Innovation Management in the "2008 Best Innovator" competition organized by A.T. KEARNEY* in partnership with "Les Echos"**. This competition highlights companies which have set up particular means to encourage innovation in all its forms; in total, there were only 4 prize-winners among 600 applicants.
Legrand previously received the same award in 2004 for its "means implemented to stimulate innovation", thus being given recognition for its clear commitment to fostering innovation by setting up dedicated tools. This year's award illustrates the relevance and effectiveness of its overall innovation policy.

* A.T. KEARNEY: international management and strategy consulting firm
** Les Echos: French business & finance daily newspaper

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Social Responsability

11/07/2008 07:11 BTicino supports the Gold-medal-winning Italian rowing team at the Beijing Paralympics 2008

Sponsored by BTicino, the Italian adaptive rowing team brilliantly took Gold at the Beijing Paralympic Games 2008, beating the usual favourites from the US and Britain.
This shining example of human willpower also provides an illustration of BTicino's strong practical commitment to furthering the integration of people with disabilities in society and in the workplace.
With this aim the company has, since 1987, taken close to 300 apprentices with a mental or physical disability, to give them a two-year work experience. Besides support and motivation from the group, each of them was provided with a specially adapted personal workstation and supervision by a dedicated tutor throughout their apprenticeship.

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Finance

11/06/2008 07:30 2008 nine-month results

Drawing strength from fundamentals, Legrand is taking active steps in a worsening environment.
Fully aware of the sharp worsening in market conditions, Legrand teams are taking active steps to adapt the group’s structure to the environment. This responsiveness, combined with our flexible organization, enabled us to report an adjusted operating margin of 17.8% and generate free cash flow representing 8.4% of sales in the first nine months of the year.

Presentation (pdf) Press release (pdf) Accounts (pdf) [ + ]

Group

10/09/2008 07:10 The Legrand Group displays clear ambitions in Nigeria

Nigeria, a country of 140 million inhabitants which intends being among the world's top twenty economic powers by 2020, represents a great growth opportunity for Legrand, as its commercial and high-end residential markets are expanding fast.
Legrand stands out by the quality and innovative features of its products, enabling it to gain a strong brand image in this country.
Two showrooms have already been inaugurated in Abuja and Lagos, respectively the administrative and economic capital cities of Nigeria, to raise the Legrand Group's profile among local professionals, and a third is shortly due to open at the heart of the Lagos business district, on surface space of over 100 square metres.

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Group

09/19/2008 06:09 Legrand becomes a star of the small screen in the UK

Legrand products and systems were recently showcased in a British TV programme about design, which focused on the eco-friendly building Cheltenham House.
The designers of this deliberately environment-friendly project chose the stylish Synergy Modern range of Legrand brand wiring accessories and the Bticino brand Axolute video door entry system with its wide range of functions to satisfy a demand for cutting-edge technology.

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Finance

08/06/2008 12:08 Fitch* Upgrades Legrand to 'BBB'

Following Legrand's H1 results, the rating agency Fitch has upgraded Legrand from 'BBB-' to 'BBB', putting forward the company's capacity to maintain a healthy operating profitability. This agency's rating also reflects Legrand's innovation capacity, the diversified exposure to its final markets, good geographical diversification and its relevant acquisitions strategy.

* Fitch Ratings evaluates the stocks of 1,200 companies present in all activity sectors both in France and internationally.

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Finance

07/30/2008 07:30 Rise in sales and healthy resilience in margins in the first half of 2008

Legrand's performance in the first half of 2008 further illustrates our resilience and capacity to keep step with change. Amid difficult economic conditions, we reported growth in sales excluding currency effects of close to 7% and achieved margins on a par with those for the first half of 2007.

Presentation (pdf) Press release (pdf) Accounts (pdf) [ + ]

Finance

07/02/2008 02:07 Legrand confirmed in the FTSE4Good* index

Legrand has once again been ranked in the FTSE4Good index for 2008, after its first inclusion in 2007. This provides recognition of the importance which the Legrand Group attaches to growing its business in compliance with non-financial criteria of corporate social and environmental responsibility, thereby placing  people and the environment  at the centre of its strategy.

* Created by the global index company FTSE Group, FTSE4Good is designed to identify listed companies that are considered ethical and responsible.

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Group

06/19/2008 06:06 The new Art collection from Arnould is awarded the 'Janus de l'Industrie' prize for 2008

Groupe Arnould, a subsidiary of the Legrand Group, has just received the 'Janus de l'Industrie'*, a prestigious, internationally renowned award, for its avant-garde range of wiring devices, Art.
This stylish 'à la carte' collection offers a vast choice of thousands of possible combinations including advanced home automation functions, thanks to the integration of My Home technology into a refined, resolutely high-end design.
Arnould previously won the ‘Janus de l'Industrie’ for its ranges Venus in 1989, Club in 1994 and 2001 in 1998.

* The 'Janus de l'Industrie', which has been awarded each year since 1953 by the French Institute of Design under the sponsorship of France's Ministry of Trade and Industry, rewards products that were engineered to provide use value and thereby a genuine benefit to the user.

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Group

06/10/2008 06:06 BTicino supplies the video door entry system for a prestigious development project in UK

BTicino, one of the world's leading brands in access control solutions, is equipping Witham Wharf, a high-end residential development located in the historic city centre of Lincoln in the UK.
The Sheffield-based architectural and design consultancy BDP specified BTicino products and systems to meet the high level of requirements in terms of technological excellence and resolutely premium design for this complex of 114 prestige apartments.
Each dwelling is equipped with a colour video handset, linked to a reception switchboard for security.
People with a disability can also enjoy the full benefits of this door entry solution, thanks to its integrated hands-free system, Viva Voce.

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Group

05/13/2008 02:05 Big success for the new reception and training centre for professional customers in Birmingham

Legrand has just opened a new customer reception centre in Birmingham, in the UK.
The complex comprises a spacious 1,800 sq ft showroom featuring especially the high-end wiring device range Axolute, Zucchini prefabricated busbar trunking systems and Ortronics Voice-Data-Image solutions. It also incorporates training and event facilities aimed at electrician customers.
Besides acting as a Legrand product showcase, this new centre aspires to become a key venue for the electrical industry in the UK. Several events organized by the ECA (Electrical Contractors Association) already reflect the success of the project.

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Finance

05/07/2008 07:30 Healthy resilience of margins in the first quarter of 2008

Legrand has demonstrated healthy resilience in the current context of economic slowdown. Excluding the impact on comparisons of calendar effects and the launch of new wiring device ranges in France at the beginning of 2007, organic sales growth in the first quarter reached 4.1% on a year, or 7% excluding changes in exchange rates and taking into account acquisitions. A main feature of business for the quarter was continued strong growth on emerging markets, where sales were up nearly 12% at constant scope of consolidation and exchange rates...

Presentation (pdf) Press release (pdf) Accounts (pdf) [ + ]

Group

04/15/2008 08:04 Legrand continues expansion in emerging markets and VDI systems with the acquisition of Estap in Turkey

Legrand continues an active strategy of targeted, self-financed acquisitions, and today announced the acquisition of Estap, number one for VDI enclosures and cabinets in Turkey.
The move underscores Legrand’s accelerating expansion on emerging markets, which accounted for some 50% of its organic growth in 2007.
The acquisition of Estap reinforces the group’s position in Turkey, where it is a frontrunner in wiring devices and energy distribution.

Press release (pdf) [ + ]

Group

04/15/2008 07:04 Legrand accelerates expansion on emerging markets and in audio and video entry phones with the acquisition of HDL in Brazil

Actively continuing its strategy of targeted acquisitions, Legrand today announced its third transaction for the year with the purchase of the uncontested market leader in audio and video entry phones in Brazil. The acquisition is subject to the approval of the competent authorities. Following its recent acquisition of Estap in Turkey, the move further accelerates Legrand’s development on emerging markets, which accounted for 25% of consolidated net sales in 2007.

Press release (pdf) [ + ]

Group

04/10/2008 06:04 Legrand North America receives the Hagemeyer 2007 Supplier of the Year Award

Legrand North America (LNA), which is made up of four electrical manufacturers – Cablofil/Legrand,  On-Q/Legrand, Pass & Seymour/Legrand and Wiremold/Legrand – has been awarded the 2007 Supplier of the Year Award by Hagemeyer, one of its leading distributors. 
The choice of LNA, from among 156 000 suppliers, was based on criteria such as brand strength, product quality, sales support, and an ability to generate growth and profitability. 
Halsey Cook, President of LNA's Electrical Wiring Systems division said: ‘We take great pride in this recognition, which honours the effort and commitment demonstrated by our LNA teams to continuously enhance the quality of its offer and its services.’

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Finance

04/04/2008 07:30 Legrand is on track, in line with its guidance

Following the publication yesterday of a Dow Jones wire, mentioning that Legrand sees a slow down of revenues growth in the first quarter of 2008, the Group reminds that it is on track, in line with its guidance. Legrand underlines that the calendar effect and the sell-in impact of new product ranges in France which both impact revenues evolution in the first quarter of 2008, together with the economic slow down, were taken into account when setting up its targets for the full year 2008.

Communiqué [ + ]

Social Responsability

03/28/2008 04:03 Sponsorship: Legrand renews its commitment to support Électriciens sans Frontières, handing over a cheque for €22,000

Legrand recently signed a new sponsorship convention with Électriciens sans Frontières (Electricians without borders) for 2008, having already supported the NGO in 2007 in its moves to help distressed populations gain access to energy services.
On this occasion, Gilles SCHNEPP, the Legrand Group's Chairman and Chief Executive Officer, handed over a cheque for €22,000 to Électriciens sans Frontières. This follows on from last year's "Fair pleasure" operation which involved providing a gift hamper for each order of a batch of Legrand products and systems, with €2 going to Électriciens sans Frontières for every hamper.
The initiative provides a concrete illustration of the Group's active and dynamic involvement in corporate sponsorship.

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Group

03/14/2008 04:03 Structured cabling: Ortronics/Legrand introduces Mighty Mo® 10, its new advanced cable management system

Ortronics/Legrand, a global leader in copper, fiber and wireless structured cabling solutions presents Mighty Mo® 10 as part of its commercial launch at the BICSI Winter Conference (Building Industry Consulting Services International).
Intended for high density applications (data centers, Storage Area Networks, etc.), the system features the Mighty Mo 10® cable management rack which is especially designed to maximize the airflow of network equipment with side ventilation such as CISCO CATALYST® switches .
Its patented construction has built-in strain relief, bending radius control and efficient patch cable routing with the option of floor or ceiling access to distribution cables.

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Group

02/29/2008 09:02 Legrand, exclusive provider of cable management products for the new Liverpool Arena and Convention Centre, flagship of Europe's Capital of Culture for 2008.

The new Arena and Convention Centre (ACC) in Liverpool, which has been chosen as European Capital of Culture for 2008, was opened.
This conference complex, which was imagined and designed by the renowned architectural firm Wilkinson Eyre, comprises an amphitheatre of more than 10 000 seats, an auditorium with a capacity of 1350, a multi-purpose room on 3 700 m² and some twenty meeting rooms.
Legrand, the undisputed world leader in cable management, provided all of the cable management infrastructure for this huge commercial sector project, namely over 4.35 miles of galvanized cable tray and 3.10 miles of multi-compartment trunking.

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Group

02/18/2008 09:02 Watt Stopper/Legrand raises trade paths awareness of eco-construction

On 10 December 2007 in Dubaï, the Middle East Centre for Sustainable Development and Watt Stopper/Legrand launched a complete brand new educational programme aimed at improving the knowledge among specifying engineers and electrical installers as regards eco-construction and lighting control systems.
On the strength of its 25 years of experience in electricity efficiency, Watt Stopper/Legrand seeks to educate the trade path in matters of eco-construction, energy efficiency standards and LEED (Leadership in Energy and Environmental Design) certification. In this context, Watt Stopper/Legrand has already provided guidance to a number of organizations, including the store chain Wal-Mart and the city of Austin, Texas, to help them meet their sustainable development objectives.

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Finance

02/07/2008 07:30 Strong growth in 2007 sales and earnings

Legrand turned in an excellent performance in 2007. Sales growth was in double digits and adjusted operating income rose by over 17%, with margins showing a significant improvement, while net income surged 67% and free cash flow topped half a billion euros. Marking another year of sustained progress in all indicators, these results illustrate  the structural change in the business model, with a combination of increased financial solidity and a marked acceleration in growth.

Presentation (pdf) Press release (pdf) Accounts (pdf) [ + ]

Group

01/23/2008 06:01 Pass & Seymour / Legrand receives the Innovation Award

The "Electrical Contracting Products" magazine awarded Pass & Seymour/Legrand one of its Innovation Prizes 2007 for its "Shim-lock", a clever and innovative device for fixing devices onto partitions. This trade award goes to products and systems whose products or services have best responded to electrical installers’ market challenges by offering creative and innovative ideas.
The award once again illustrates Legrand's ability to innovate on a constant basis, while providing ever more added value in its products and systems. Innovation is one of the four core values of the Legrand Group, which holds more than 4 600 active patents, and whose R&D has demonstrated its efficiency by the launch of some 40 new products since January 1st 2007.

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Social Responsability

01/09/2008 09:01 Legrand is awarded the Ecoproduct Award for Sustainable Development

Legrand has been awarded the 1st Ecoproduct Award 2007 for Sustainable Development for its Céliane scenario switch. The award, which is attributed by the French Ministry for Ecology and Sustainable Development aims to reward companies that offer products whose design takes on board the goal of reducing environmental impact throughout their life cycle.
The Céliane scenario switch by Legrand ensures optimised energy consumption in a building. By its combined action on appliance standby mode, lighting, roller shutters, heating and water boilers, it effectively permits to reduce energy consumption in a dwelling by between 6 and 10 %.
The environment is a constant concern for the Group. Legrand takes action every day in this field, both in its industrial plants and by its offer of “responsible products”.

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