"Our solid integrated performance in 2016 shows once again our capacity to create lasting value for all of our stakeholders."
Chairman and Chief Executive Officer
2016
Legrand’s solid 2016 integrated performance demonstrated once again the Group’s capacity to create lasting value for all of its stakeholders.
2016 Integrated performance
€5.0 billion
of sales in 2016
29%
of 2016 sales came from the North and Central America region
33%
of 2016 sales came from new business segments(1)
(1)New business segments include energy efficiency, digital infrastructures, assisted living and home systems.
Average achievement of CSR targets at year-end 2016(1)
122 %
(1)CSR roadmap 2014-2018
Present in over 90 countries
Products sold in nearly 180 countries
Nearly 36,000 employees
Over 90 product families
2016 Financial Performance
Sales (in € million)
| Category | Value |
|---|---|
| 2014 | 4499 |
| 2015 | 4810 |
| 2016 | 5019 |
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 |
|---|---|
| 2014 | 880 |
| 2015 | 930 |
| 2016 | 979 |
2016 net sales by region
| Category | Value |
|---|---|
| France | 17.4 % |
| Italie | 9.8 % |
| Reste de l'Europe | 17.4 % |
| Amérique du Nord et Centrale | 29.2 % |
| Reste du monde | 26.2 % |
Net income excluding minority interests (in € million)
€567M in 2016*
*Adjusted for the favorable non-recurring accounting impact representing a €61.2 million tax income, coming from the announcement of reductions in the corporate income tax rates, mainly in France. This tax income is adjusted as it has no cash impact, and bears no relationship to the Group’s performance. The reported net income excluding minority interests is €628.5 million.
| Category | Value |
|---|---|
| 2014 | 532 |
| 2015 | 551 |
| 2016 | 567 |
Free cash flow (in € million)
| Category | Value |
|---|---|
| 2014 | 607 |
| 2015 | 666 |
| 2016 | 673 |
Investors and Shareholders Area
2016 Non-financial performance
| CSR INDICATORS Progress on 2014-2018 CSR roadmap (achievement rates for 2016 targets) |
|
 |
Environmental data
% of sales representing products with a PEP, Product Environmental Profile
| Category | Value |
|---|---|
| 2014 | 52 |
| 2015 | 56 |
| 2016 | 60 |
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 |
|---|---|
| 2014 | 1.3 |
| 2015 | 1.6 |
| 2016 | 1.8 |
Share of waste recovered (in %)
| Category | Value |
|---|---|
| 2014 | 86 |
| 2015 | 87 |
| 2016 | 88 |
Frequency of workplace accidents
Number of accidents x 1 000 000/number of hours worked
| Category | Value |
|---|---|
| 2014 | 7.25 |
| 2015 | 5.9 |
| 2016 | 5.3 |
Stock Market indicators
Dividend per share (in €)
1.19 € in 2016*
*Subject to approval by shareholders at the General Meeting on May 31, 2017.
| Category | Value |
|---|---|
| 2014 | 1.1 |
| 2015 | 1.15 |
| 2016 | 1.19 |
Key Figures
1.10€
dividend per share in 2016
56%
Payout rate in 2016
Share ownership structure at February 28, 2017:
- Management and staff (1): 4%
- Free float: 96%
(1)Current and former senior and main managers, and employees.
