Legrand Legrand

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  Sustained growth potential for the medium and long term  

Frédéric Xerri
Group VP – Export

  • New economies:

    38 %

    of 2014 Group sales

Markets with high potential

New economies are characterized by rising GDP over the long term, ever-rising demographics, an expanding middle class and rising investments. Growth in all these areas fuels strong demand for innovative infrastructures used in housing and other buildings—and that means significant medium- and long-term growth potential for Legrand.

New economies: long-term growth potential for Legrand

Over the past ten years, the share of new economies in total Group sales has more than doubled to reach 38% of consolidated sales in 2014. Legrand's products were sold in over 120 new economies in 2014, with no single country accounting for more than 6% of Group sales.

Fueling growth with innovation and acquisitions

Legrand draws on its two growth engines to gain ground in new economies: organic growth, fueled by innovation and regular new-product launches, and acquisitions.

 
 

Innovation drives growth in the new economies

E-FREN range

E-FREN—an economic wiring device range for South Korea

In 2014 Legrand launched a new wiring device range in South Korea. Its simple design and multi-function capacity are major assets for consumer trends and expectations in Korea's economy segment.

Linkeo structured cabling systems for high-performance digital infrastructures

As the entry-segment range for LCS², Linkeo's new VDI enclosures offering is designed to provide the essential functions needed for data cabling. Thanks to a series of accessories associated with Linkeo enclosures, installers have a comprehensive offering that meets the requirements of all commercial projects.

Linkeo VDI enclosure

Acquisitions in markets with high potential

Legrand is also expanding in new economies by pursuing its strategy of targeted, self-financed acquisitions of small and mid-size companies with strong positions in promising markets. Businesses in new economies have accounted for over 40% of acquired sales since 2004.

Acquisition of SJ Manufacturing

Legrand strengthens its positions in digital infrastructures for data centers

In 2014, Legrand continued to expand in digital infrastructures for buildings with the purchase of Singapore's SJ Manufacturing a frontrunner in racks, Voice-Data-Image cabinets and related products for data centers.

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Acquisition of Adlec

The acquisition of Adlec, one of India's main producers of distribution boards, strengthens Legrand's presence with the country's key players in power distribution. It also rounds out Legrand's presence in India, where the group already holds many leading positions.