« Legrand continues to grow, driven by technological and societal trends that have a lasting and profound impact on buildings. »
Chief Executive Officer
2017
In 2017 Legrand once again demonstrated its capacity to create lasting value for all stakeholders.
2017 Integrated performance
Over €5.5bn in total sales in 2017
33 %
of 2017 sales came from the North and Central America region
Over 38% of 2017 sales(1) came from new business segments(2)
(1)based on 2017 sales, including 12 months of acquisitions made in 2017.
(2)Energy efficiency, digital infrastructures, assisted living and home systems
122% : Average achievement of CSR targets at year-end 2017 (3)
(3) CSR 2014-2018 roadmap.
Established in nearly 90 countries
Products sold in nearly 180 countries
Over 37,000 employees
Over 90 product families, including over 30 families of connected products
2017 Financial Performance
Sales (in € million)
| Category | Value |
|---|---|
| 2015 | 4810 |
| 2016 | 5019 |
| 2017 | 5521 |
Adjusted operating profit* (in € million)
*Operating profit adjusted for amortization and depreciation of revaluation of assets at the time of acquisitions and for other P&L impacts relating to acquisitions and, where applicable, for impairment of goodwill.
| Category | Value |
|---|---|
| 2015 | 930 |
| 2016 | 979 |
| 2017 | 1105 |
2017 net sales by region
| Category | Value |
|---|---|
| France | 16.3 % |
| Italie | 9.3 % |
| Reste de l'Europe | 17 % |
| Amérique du Nord et Centrale | 33 % |
| Reste du monde | 24.4 % |
Net income excluding minority interests (in € million)
€567M in 2016 end €626M in 2017*
* Adjusted net profit attributable to the Group for 2016 and 2017. Adjusted net profit attributable to the Group does not take into account the net favorable effects of significant non-recurring gains and expenses resulting from announced changes in corporate taxation, primarily in France and in the United States. These net favorable effects are adjusted as they do not reflect an underlying performance.
| Category | Value |
|---|---|
| 2015 | 551 |
| 2016 | 567 |
| 2017 | 626 |
Free Cash flow (in €M)
| Category | Value |
|---|---|
| 2015 | 666 |
| 2016 | 673 |
| 2017 | 696 |
Investors and Shareholders Area
2017 Non-financial performance
Progress on 2014-2018 CSR roadmap
(achievement rates for 2017 targets)
Environnemental data
% of sales representing products with a PEP, Product Environmental Profile
| Category | Value |
|---|---|
| 2015 | 56 |
| 2016 | 60 |
| 2017 | 67 |
Beneficiaries of access to electricity initiatives (in millions)
Total number of people directly or indirectly affected by Electricians Without Borders projects backed by Legrand since 2007
| Category | Value |
|---|---|
| 2015 | 1.6 |
| 2016 | 1.8 |
| 2017 | 2.1 |
Share of waste recovered (in %)
| Category | Value |
|---|---|
| 2015 | 87 |
| 2016 | 88 |
| 2017 | 90 |
Frequency of workplace accidents
Number of accidents x 1 000 000/number of hours worked
| Category | Value |
|---|---|
| 2015 | 5.9 |
| 2016 | 5.3 |
| 2017 | 4.07 |
Stock Market indicators
Dividend per share (in €)
1.26 € in 2017*
* Subject to approval by shareholders at the General Meeting on May 30, 2018
| Category | Value |
|---|---|
| 2015 | 1.15 |
| 2016 | 1.19 |
| 2017 | 1.26 |
Capital structure as at December 31, 2017
*Managers, former managers and employees who currently exercise or previously exercised functions in the Group.
| Category | Value |
|---|---|
| Flottant | 96.2 % |
| Management et salariés* | 3.8 % |
Indicateurs boursiers
1.26€*
dividend per share in 2017
* Subject to approval by shareholders at the General Meeting on May 30, 2018
54%*
Payout rate in 2017
*Based on the adjusted net profit attributable to the Group
