Legrand Legrand

Find information about Legrand group

Here are all the press releases that have made the news of Legrand group.
Please select the type and year of publication, then click "Search"

Type of press release



Release Year


0 articles found

Group

12/01/2016 08:30 Fighting global warming: Legrand reasserts its determination to reduce its energy footprint

The Group joins the Science Based Targets program and supports the Global Alliance for Energy Productivity. 

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.

At the heart of the CSR approach

Legrand has for long been committed to preserving the environment, one of the cornerstones of the Group’s  CSR commitment. This responsible approach has enabled it to reduce its energy footprint by over 7% in two years, between 2013 and 2015, while every year since 2011, Legrand has disclosed its carbon footprint. The Group further intends to begin gradually factoring the price of a tonne of carbon dioxide into its operational decision-making process, especially as regards capital expenditure. And because 40% of energy consumption worldwide is done in buildings, Legrand has developed energy efficiency solutions which should enable to avoid 1.5 million tonnes of CO2 emissions from 2014 until 2018.

Forging ahead

Now, by joining the Science Based Targets program, which is supported by the WWF, the United Nations Global Compact, the World Resources Institute and the Carbon Disclosure Project, Legrand has decided to move another step ahead. To enable global warming to be limited to a maximum of 2 degrees, the program calls on companies worldwide to publicly commit to greenhouse gas emission reduction targets.

Legrand is thus moving from an energy consumption reduction target to a target expressed in terms of CO2 emission avoidance. “The next step will involve working actively towards this target, which is going to be a key ingredient of our next CSR roadmap”, explains Philippine Declercq, Legrand’s CSR VP. Joining the Science Based Targets program means Legrand is publicly committing alongside some 200 major global businesses. Meanwhile, its support for the Global Alliance for Energy Productivity and its aim of promoting lower energy intensity across the planet, provides an additional testimony to Legrand’s commitment to environmental preservation.

 

Press release [ + ]

Finance

11/10/2016 07:30 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
Organic change in sales: 0% to +2% (compared with an initial target of -2% to +2%)
Adjusted operating margin before acquisitions: 19.3% to 19.6% (compared with an initial target of 18.5% to 19.5%)

Gilles Schnepp, Chairman and CEO of Legrand, commented:

Solid results in the first nine months of 2016

Legrand sales in the first nine months of 2016 were up +4.1% in total, or nearly +7% excluding the exchange-rate effect.
Organic growth in Group sales was solid at +2.1%, with a very good performance in the United States (+7.0%) and rising sales in mature countries in Europe (+1.8%) more than offsetting a slight retreat in new economies (-0.6%) where some countries face unfavorable economic conditions.

The broader scope of consolidation resulting from acquisitions was healthy at +4.6%, reflecting the good momentum of this growth driver.

Adjusted operating profit rose +5.7% and adjusted operating margin before acquisitions (at 2015 scope of consolidation) stood at 20.2% of sales compared with 19.7% in the first nine months of 2015, i.e. a 0.5-point rise. Taking acquisitions into account, adjusted operating margin came to 20.0% for the first nine months of 2016.

Net income excluding minority interests rose +2.3% to €426m, or 11.5% of sales.

Free cash flow generation was solid, with normalized free cash flow at 13.0% of sales over the same period, allowing Legrand to continue to self-finance its development over the long term.

This good overall performance reflects the commitment and operational efficiency of Legrand’s teams...

 

> Learn more

Press release Presentation Accounts Webcast [ + ]

Social Responsability

10/25/2016 14:00 Legrand obtains the 2016 Golden Peacock Global Award for Sustainability

On the occasion of the 16th International Convention on Corporate Governance and Sustainable Development, on October 18th, 2016 in London, Legrand won the "Golden Peacock Global Award for Sustainability" for 2016.

Organised by the Institute of Directors, India, this award provides recognition of Legrand’s commitment in terms of CSR (Corporate Social Responsibility), especially its initiatives aimed at responding to stakeholder expectations and  the inclusion of CSR concerns into the company’s development strategy.

Find out more: http://www.goldenpeacockawards.com/

[ + ]

Social Responsability

10/07/2016 16:00 ‘Nuit Blanche’ in Paris: Legrand partners a nocturnal art installation for the benefit of Electriciens sans frontières

On the occasion of the 15th edition of the ‘Nuit Blanche’ (White Night) nocturnal arts event in Paris, some 5,000 people came to operate the controls of the art work ‘Réflexion électrique’ (Electrical Reflection), thereby generating 3,790 Wh of power and raising €7,580 for the electrification of the village of Poggy in Haiti.

‘Réflexion électrique’ was produced by 5 artists and designers acting on behalf of NGO Electriciens sans frontières (Electricians without borders), so as to immerse visitors in the typical environment of ESF assignments, i.e. places lacking electricity and therefore lighting. Each visitor was invited to turn the handles on the installation, thereby generating a certain amount of light. The energy produced in this way was then converted into a monetary donation, on the basis of 1 Watt equalling €2.

The Poggy project aims to provide enhanced teaching and learning conditions for 160 students aged between 5 and 17 and their 9 teachers. Solar panels providing classroom lighting enable the children to receive extra evening classes and do their homework on the school’s premises, while teaching staff can better prepare their classes.

In the context of the partnership existing between Legrand and ESF since 2007, Legrand provided electrical material for this initiative and a Legrand lead designer contributed to setting up the ‘Réflexion électrique’ installation.

To find out more about Réflexion électrique, click here.
 

[ + ]

Group

09/07/2016 18:00 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.

Solarfective’s solutions round out Legrand’s product offering in highly energy-efficient lighting control (Wattstopper) and QMotion’s solutions for natural light control. As such, they enable Legrand to offer solutions that combine artificial and natural lighting control for commercial and residential buildings.

Toronto-based Solarfective has 85 employees and annual sales of around €13m, of which 80% achieved in Canada and 20% in the United States.

> Learn more

Press release Download image (HD) [ + ]

Finance

08/01/2016 07:30 First-half 2016 results

Robust performance in first-half 2016
Healthy organic growth in sales: +1.9%
Rise in adjusted operating profit: +3.1%

Numerous growth initiatives
Ongoing development in connected offerings
7 acquisitions closed in the first half of 2016

2016 targets fully confirmed

Gilles Schnepp, Chairman and CEO of Legrand, commented:

Robust performance in first-half 2016

Legrand’s organic growth in sales stood at +1.9% in the first half of 2016, as a result of solid performance in the United States (+5.5%), growth in mature European economies (+1.6%) and stability in new economies where conditions vary from one country to the next.
Adjusted operating profit rose +3.1% and adjusted operating margin before acquisitions (at 2015 scope of consolidation) stood at 20.3% of sales compared with 19.8% in the first half of 2015. Taking acquisitions into account, adjusted operating margin came to 20.1% in the first half of 2016.
Net income excluding minority interests was steady at €283m, or 11.6% of sales.
Free cash flow generation was solid, with normalized free cash flow at 13.0% of sales, allowing the Group to continue to self-finance its development in the long term.
These robust performances illustrate—once again—Legrand's ability to create value...

> Learn more

Press release Presentation Accounts Webcast [ + ]

Group

07/20/2016 13:00 2016 AGM AWARDS: Legrand wins the CSR award

The 2016 AGM Awards ceremony was held on July 5th, 2016 in the context of the EUROPLACE Paris International Financial Forum. The event was attended by France’s Minister for the Economy, Industry and Digitalization, Emmanuel Macron, as well as by 8 Chairmen, CEOs and Executive Committee members of listed companies, including Legrand’s VP Legal Affairs, Bénédicte Bahier. Legrand was one of five companies rewarded for the quality of their AGMs.

The 2016 prize-winners are:

CSR Award: Legrand

Rewarded for its approach integrating CSR with strategy at its AGM, as evidenced in particular by the release of its first integrated report

SBF 80(*) Award: Edenred

Rewarded for the clarity of its presentation of the Group’s business areas and its transparency on matters of governance and compensation

Governance Award: Capgemini

Rewarded for its progress strategy in matters of governance

CAC 40 AGM Grand Prix: Air Liquide

Rewarded for the comprehensive information provided at its AGM, its sustained efforts in terms of pedagogy and the voice given to stakeholders at the AGM

Jury Special Award for Shareholder Democracy: AXA

Rewarded for the quality of the tools provided and dialogue organized with shareholders – before and during its AGM – fostering enhanced information for all.

 

(*) The SBF 80 (“SBF” standing for “Sociétés des Bourses Françaises”) is a French stock market index, comprising the 80 most actively traded stocks on the Paris stock exchange which are not part of the CAC 40. The SBF 120 index comprises the component stock companies of both the CAC 40 and the SBF 80, thus combining the 120 largest market capitalisations in France.

 

[ + ]

Social Responsability

06/06/2016 10:00 Legrand has been reconfirmed as a constituent of the Ethibel Sustainability Index (ESI) Excellence Europe and Excellence Global and has been confirmed for inclusion in the Ethibel Pioneer and Ethibel Excellence investment registers

On the basis of evaluations by Vigeo, Legrand has been reconfirmed as a component stock of the the Ethibel Sustainability Index (ESI) Excellence Europe and the Ethibel Sustainability Index (ESI) Excellence Global. These indexes comprise securities belonging to the Ethibel Register, according to a Best-in-Class approach combined with ethical exclusion criteria. Forum ETHIBEL is a consultancy agency for corporate social responsibility (CSR) and socially responsible investment (SRI).

Legrand has also been confirmed for inclusion in the Ethibel PIONEER and Ethibel EXCELLENCE Investment Registers. This selection indicates that the company can be qualified as a sector leader in terms of Corporate Social Responsibility (CSR). 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 human development and the environment at the centre of its strategy.

Legrand is also represented in the following CSR indexes and registers.

To find out more about these indexes, click here.
 

[ + ]

Social Responsability

06/06/2016 10:00 Legrand is integrated in the Euronext Vigeo World 120 and France 20 indexes and is confirmed in Eurozone and Europe 120 indexes

Based on assessment carried out in 2016 May by Vigeo, European expert in the CSR assessment of companies and organizations, Legrand's shares have been confirmed in the Euronext Vigeo Eurozone 120 and Euronext Vigeo Europe 120 indexes and is integrated in the World 120 and France 20 indexes. The companies included in these indexes are those which achieved the best ratings for Environmental, Social and Governance performances.

Legrand is also represented in these CSR indexes and registers.

To find out more about this indexe, click here.

[ + ]

Group

05/27/2016 16:00 LEGRAND comes second best for reputation among CAC 40 Companies

Legrand has been ranked in No. 2 position in the 2016 edition of Burson-Marsteller’s ranking of reputation among CAC 40 companies. This year’s five highest ranking companies, namely Michelin, Legrand, LVMH, Danone and L'Oréal, all confirm solid positions lastingly acquired over time by building on sustained trust. For Legrand, this result extends an unbroken run in the Top 5 since 2013, the first edition following its return to the CAC 40.

The survey annually involves an assessment of the businesses which are part of the index by a sample of the general public according to 7 criteria, among which the most influential are products & services, governance, and corporate citizenship.
Among these 7 dimensions of reputation, Legrand this year boasts one of the strongest improvements on both products & services and innovation.

[ + ]

Group

05/25/2016 08:00 Legrand strengthens its positions in lighting control by acquiring CP Electronics

After announcing six acquisitions since the beginning of the year that together represent annual sales of around €130m, Legrand today announced the purchase of CP Electronics, the UK leader in energy-efficient lighting control.

Solutions from CP Electronics are a complement to Legrand’s current offering for the commercial market in the United Kingdom, where the group is among market leaders in overhead cable management, and in busbars and floor boxes following its 2008 acquisition of Electrak.

CP Electronics will also round out Legrand’s presence in energy-efficient lighting control, a market driven by the regular adoption of new energy codes and increased demand for energy-saving solutions. Legrand already holds leading positions in this growing market, notably in the United States with its subsidiary Wattstopper.

London-based CP Electronics has over 180 employees and reports annual sales of over €30m, of which around 90% in the United Kingdom.

> Learn more

Press release Download image (HD) [ + ]

Finance

05/04/2016 07:30 2016 first-quarter results

Solid 2016 first-quarter achievements:
Healthy organic growth in sales: +1.9%, driven by US performance
Rise in adjusted operating profit: +3.7%
6 acquisitions since the beginning of the year
2016 targets confirmed

Gilles Schnepp, Chairman and CEO of Legrand, commented:

Solid 2016 first-quarter achievements 

Driven by a particularly good relative performance at the start of the year in the United States, where organic growth stood at +6.9%, Group sales at constant scope of consolidation and exchange rates rose +1.9% in the first quarter of 2016. Over the same period, organic change in sales was flat overall in mature European countries and in new economies.

Taking into account the exchange-rate effect and acquisitions, Group sales were up +2.1% in total.

Adjusted operating profit rose +3.7% and adjusted operating margin before acquisitions (at 2015 scope of consolidation) stood at 19.2% of sales compared with 18.8% in the first quarter of 2015. Taking acquisitions into account, adjusted operating margin came to 19.1% in the first quarter of 2016...

 

> Learn more

Press release Presentation Accounts Webcast [ + ]

Group

04/19/2016 18:00 Legrand strengthens its positions in audio/video infrastructures in the United States by acquiring Luxul Wireless.

Legrand today announced its acquisition of Luxul Wireless, the US leader in audio/video infrastructures products for residential buildings and small- to mid-size commercial buildings.

With a high-end positioning, Luxul Wireless solutions are in particular an ideal complement to Legrand’s generalist US offering of structured cabling for housing (On-Q) and also round out the Group’s offering in the specialized and growing US market for audio and video applications, where Legrand leads the field in enclosures following its 2011 acquisition of Middle Atlantic Products.

Press release Download image (HD) [ + ]

Group

04/14/2016 18:00 Legrand strengthens its positions in the market of lighting solutions for non-residential buildings in the United States by acquiring Pinnacle Architectural Lighting

Legrand announces the acquisition of Pinnacle Architectural Lighting, one of the US leaders in architectural lighting solutions for non-residential buildings.

Legrand thus strengthens its positions in the United States in the market of lighting for non-residential buildings, which is underpinned by regular adoption of new energy codes.

> Learn more

Press release [ + ]

Group

04/12/2016 18:00 Historical restated data for North and Central America and Rest of the World geographical regions now available

As announced on February 11, 2016 when releasing 2015 full-year results, from January 1, 2016, the United States/Canada region has become the North and Central America region and comprises the United States, Canada, Mexico and the other countries in Central America. This change reflects the new organization of Legrand’s operations in North America, with all of these countries now headed by the same management which is in keeping with the region’s market structure.

Unaudited historical restated data for sales, growth and profitability for North and Central America and Rest of the World geographical regions are available on Legrand website

> Learn more

Press release [ + ]

Finance

02/11/2016 07:30 2015 Annual results

Solid 2015 achievements in line with targets
Stepping up initiatives linked to new technologies

On the closing of full-year accounts for 2015, Gilles Schnepp, Legrand Chairman and CEO, commented:

“2015 achievements

Legrand’s 2015 financial performance is fully in line with Group targets: organic growth in sales was +0.5% (target specified in November: “-1% to +1%”) and adjusted operating margin before acquisitions (at 2014 scope of consolidation) was 19.4% (target specified in November: “at least 19%”). 

With varied market conditions from one geographical region to another, Legrand once again demonstrated its capacity to create value. Thus total sales, adjusted operating profit, net income excluding minorities and free cash flow all increased, rising by close to +7%, +6%, +4% and +10%, respectively. 

As regards non-financial performance, achievements on the Group’s CSR roadmap are ahead of the projected development plan with an achievement rate of 120% at the end of 2015...

> Learn more

Press release Presentation Accounts webcast [ + ]

Group

01/29/2016 17:30 Legrand becomes the first French manufacturer to achieve multi-site ISO 50001 certification across a wide European scope

Legrand, the global specialist in electrical and digital building infrastructures, has obtained ISO 50001 certification for its Energy Management System. This certification covers Legrand’s head office as well as 21 manufacturing plants and 3 logistical facilities located in France, Hungary, Italy, the Netherlands, Poland, Spain, and the UK. The ISO 50001 certificate was today officially handed over to Legrand Deputy Chief Executive Officer Patrice Soudan by Jacques Matillon, the General Manager of Bureau Veritas Certification.

Press release [ + ]

Group

01/11/2016 14:00 Legrand confirmed in the FTSE4GOOD index

During the evaluation of december 2015, Legrand has once again been ranked in the FTSE4Good index, after its first inclusion in 2007.

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

FTSE Group confirms that Legrand has been independently assessed according to the FTSE4Good criteria, and has satisfied the requirements to become a constituent of the FTSE4Good Index Series.

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. Legrand is also represented in the following CSR indexes and registers.

To find out more about this index, click here.

[ + ]

Group

01/06/2016 17:00 Legrand is participating in the 2016 Consumer Electronic Show (CES) in Las Vegas.

For the second year in a row, Legrand is participating in the Consumer Electronic Show (CES) at Las Vegas from 6 to 9 January 2016.
The CES is the not-to-be-missed global event for new technologies, where robotics, biotechnologies, software and connected objects can be found side-by-side. In 2015, it attracted more than 3,600 exhibitors from 153 countries and welcomed about 176,000 visitors (including 48,000 from outside the United States). Present on 3 different booths (Allseen Alliance, ZigBee Alliance and La Poste), in order to show the full extent of its know-how in terms of interoperability, Legrand is presenting solutions that are innovative, connected and resolutely user-focused.

Press release [ + ]

Message of, the CEO

Chairman’s message

Learn more

Rapport annuel et document de référence

Press Room

Learn more

The Legrand social networks

Legrand and the social networks

Learn more

Flux RSS

Stay connected with Legrand news

RSS feed

Legrand dans le monde

World presence

Learn more