Finance | 07.31.2018 07:30
Double-digit growth in key indicators
Sales: +11.8%
Adjusted operating profit: +14.4%
Net profit attributable to the Group: +23.3%
Normalized free cash flow: +25.3%
Numerous innovation and growth initiatives
2018 targets fully confirmed
CSR | 07.03.2018
Legrand’s targets for greenhouse gas emission reduction, aimed at limiting the global temperature increase to 2°C in the framework of the Paris climate agreement, have been approved by the Science Based Targets initiative
> Read the newsGroup | 06.27.2018
Legrand was ranked 9th in the very first positivity index of CAC40 companies published by Positive Economy Advocacy*.
This corporate positivity index analyses the ability of companies to place altruism and the interests of future generations among their core priorities and aims to acknowledge not only short-term results but also long-term performance. It places significant importance on existing achievements, assessing developments over the previous five years, as well as on the capacity to project into the future via practical improvement targets.
> Read the newsFinances | 05.03.2018 07:30
Solid performance in the first quarter of 2018
Sales: +9.6%, of which +3.9% organic growth
Adjusted operating profit: +11.9%
Net profit attributable to the Group: +17.7%
Ongoing growth initiatives
2018 targets confirmed...
Group | 03.27.2018 18:00
Meeting on March 20, 2018, Legrand’s Board of Directors, acting on the recommendation of the Nominating and Governance Committee, and in the run-up to the 2018 General Meeting of Shareholders, adopted proposals for renewing Directors’ terms of office due to expire and for the appointment of Directors, as well as items relating to the compensation policy for the Chairman of the Board of Directors and the Chief Executive Officer...
> Read the newsFinance | 02.26.2018 19:00
Legrand today launched a new bond issue for a total of €400 million with an 8-year maturity. The maturity date is March 6, 2026 and the annual coupon is 1.0%.
The issue’s smooth placement demonstrates once again investors’ confidence in the soundness of Legrand’s development model as well as the quality of its financial structure.
After two successful bond issues in 2017, for a total amount of €1.4 billion, Legrand is thus pursuing its refinancing operations at very attractive rate conditions while extending its debt maturity.
> Read the newsFinances | 02.08.2018 06:45
2017 achievements
Double-digit growth in main indicators
2017 targets fully met
Enhancing investments for the future
Milestone: performance and potential fully confirmed
Change in governance
From February 8, 2018
Separation, on a long-term basis, of the offices of Chairman and of Chief Executive Officer:
Gilles Schnepp Chairman of the Board of Directors
Benoît Coquart Chief Executive Officer
As of January 1, 2019
Antoine Burel Deputy Chief Executive Officer in charge of Operations
Franck Lemery Chief Financial Officer
CES 2018 | 01.11.2018
Legrand, the global specialist in electrical and digital building infrastructures, is announcing the gradual incorporation of artificial intelligence (AI) technologies into its connected solutions and their compatibility with partner solutions such as Amazon Alexa, Google Assistant, Apple Siri and Microsoft Cortana.
> Read the newsCES 2018 | 01.10.2018
Having announced the launch of “Works with Legrand”, its interoperability program, on the opening day of CES 2018, Legrand, the global specialist in electrical and digital building infrastructures, is today unveiling some twenty partnerships with key innovators also present in Las Vegas.
> Read the newsCES 2018 | 01.09.2018
On the occasion of CES 2018, Legrand, the global specialist in electrical and digital building infrastructures, is announcing the launch of its interoperability program, ‘Works with Legrand’.
> Read the newsSocial megatrends (such as environmental protection and aging populations) and new needs arising for instance from the development of new technologies open significant scope for growth for Legrand.
At the same time, new business segments—digital infrastructures, energy efficiency, home systems and assisted living—continue to expand.
At the same time, the need for electrical and digital building infrastructures in new economies presents significant long-term growth potential for Legrand.
Digital convergence and the economy digitalization are revolutionizing lifestyles, opening the way to intelligent solutions for buildings equipped with interactive infrastructures that can handle rising data volumes.
At the same time, users are responding to concerns about the environment, climate change and energy resources by becoming more and more energy-conscious in their consumption choices, which makes the quest for energy-efficiency in buildings more timely than ever.
Legrand is meeting these new needs by developing innovative solutions for buildings, particularly in digital infrastructure, energy efficiency, home systems and assisted living.
Executive VP, Strategy and Development, Chairman of BTicino
Over 38% of 2017* sales came from new business segments
* Based on 2017 sales, including 12 months of acquisitions made in 2017.
4 new business segments :
Managing and controlling the flow of data in smart buildings
Changing technologies are significantly increasing the volume and complexity of data flowing through buildings—which in turn demands stronger, more complex electrical and digital infrastructures in buildings. As a result, Legrand develops products and systems to equip buildings with smart digital infrastructures that can handle data flows and manage a wide range of equipment.
In 2014 there were nearly 14bn connected objects worldwide.
by 2020, that figure should rise to 50bn.
In 2017 Legrand launched LCS3, a new range of structured cabling solutions in copper and optic fiber. These innovative, high-performance products help users handle increasing data volumes, the multiplication of networks and more important network broadband, while optimizing space requirements and simplifying maintenance. For example, LCS3 includes new connectors that meet the challenge of even the most critical environments, including data centers.
In 2017 Legrand developed a new range of connectors for audio, video, data and PC. The quality of these new digital cabling and connectivity solutions extends, adapts, converts and monitors AV and digital signals even more efficiently.
Controlling and measuring energy for optimum consumption
Legrand reduces the environmental impact of residential and commercial buildings by designing products and systems that manage energy more intelligently and reduce its consumption. Such solutions include presence detectors and power-measurement tools.
35% of the world’s energy is consumed by buildings
Source: International Energy Agency (IEA)
Legrand’s new connected eco-meter, which can be used to measure the home’s real-time energy consumption, was launched in 2017. This easy-to-install device can be programmed using NFC(1) functions, making it intuitive and simple to use.
(1) NFC = Near Field Communication.
The new Stop & Go range of auto-reset devices is connected, so users can monitor the status (functioning or not) of an electric circuit remotely – via smartphone or tablet – and be alerted whenever the circuit is triggered. If safety conditions are met (controls made by the Stop&Go), users can remotely monitor the circuit.
In 2017 Legrand added a new line to its offer of instruments designed to monitor energy consumption. Sold under the IME brand, these allow users to monitor, control and manage electrical systems and make them more energy efficient.
Driving its house for better comfort
Home systems are a new way of thinking about home.
Home systems are a new concept for the home. They enable you to control all of a building's functions: energy monitoring, security, lighting control, audio systems, etc.
Innovation & New Usages Marketing Manager
Legrand unveiled Smarther, its intuitive new connected thermostat, at CES 2018. Designed in the Eliot program, it offers optimum control of heating and air conditioning. And because it’s interoperable with the main voice assistants on the market—including Google Home and Amazon Echo—Smarther opens the door to new user services.
Launched in 2016, Legrand’s new Class 300X connected video door entry system is the first of its kind on the market.
Customers use a smartphone or tablet to control door access and interact via voice and video, either remotely or in the home.
The new My Home Up home system works from a smartphone or tablet, simplifying user of My Home installations. With My Home Up, users can control all of their home's electrical systems remotely and intuitively—from lighting, shutters and thermostats to NuVo audio and energy management.
Adapting and securing homes for better living—at home
From lighted paths and tablet-driven communications systems to “living scenarios” and more, Legrand develops innovative solutions that help everyone live at home longer.
By 2030 the world will be home to 1.2bn seniors over 60
Source : UN
Legrand actimetry systems provide safety for people with diminished independence
In addition to conventional pendant call systems, Legrand develops comprehensive actimetry systems with sensor devices that can locate residents, monitor behavior and habits, measure health patterns, detect falls, track temperature in the home in real time, and more. These connected sensors analyze incoming data, and if necessary send alerts to family, friends or care providers.
Given that 20% of the world’s population still has no access to electricity, and that in many countries the middle class is expected to grow significantly, Legrand considers that these trends point to attractive long-term growth potential in new-economy markets, as power generation and distribution infrastructures expand.
To gain ground in new economies, Legrand relies on the same two growth engines it uses in mature countries: organic growth powered by innovation, with regular new-product launches, on the one hand and external growth through selective acquisitions on the other.
Around 31% of group sales in 2017
Nearly 130 Countries
In 2017 the Innoval network expanded to India, as Legrand opened a new location in Mumbai. Innoval is an international showcase for Legrand, highlighting the Group’s innovations, giving visitors a hands-on experience of our offer, and training the various members of the electrical industry.
In 2017 Legrand deployed Eliot—the Group’s connected object program—in Bulgaria, which joined France, Italy, the United States, China and Australia.
In 2017 Legrand launched two new user interface ranges for Latin America. The Luzica range is economical and easy to install, delivering safety and good design. The Clickme range, launched in Colombia, features elegant design with a discreet blue frame. For users of residential buildings, both ranges offer essential functionalities (switches and outlets) plus more modern options linked to today’s megatrends (USB chargers, hifi and more).
In 2017 Legrand launched Ysalis, a new range of outlets and switches for South Africa. Energy efficiency, security and design are key features of this modular, flexible range, which incorporates the latest technology. Ysalis meets consumer demand for products that are reliable, affordable and esthetically pleasing.
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