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Management report (including the report on corporate governance)
Legrand Live
Legrand announces the acquisition of Avtron Power Solutions in the United States
Legrand and Cogelec Développement's shareholders sign an agreement for Legrand to acquire a majority stake in Cogelec, a French specialist in access control
2025 first-half results
2025 first-half sales
Legrand and Cogelec Développement's shareholders sign an agreement for Legrand to acquire a majority stake in Cogelec, a French specialist in access control
Legrand announces the acquisitions of Amperio Project in Switzerland and Quitérios in Portugal
Amendment and extension of syndicated loan
Legrand joins the Engage & Care Corporate Coalition alongside 12 other international companies
Legrand strengthens its positions as world champion in datacenters with the acquisition of Linkk Busway Systems in Asia
2025 first-quarter results
| 10.02.2025 20:00
Legrand announces the acquisition of Avtron Power Solutions in the United States
Legrand announces the acquisition of Avtron Power Solutions2 in the United States, a global leader in load banks1 and power quality solutions for datacenters and other critical applications
Based in Cleveland, Ohio (USA), Avtron is a leading global provider of load banks and power quality solutions that serve a wide range of high-growth markets, like datacenters, where reliable delivery of power is required. The company is expected to generate nearly $350 million in revenue in 2025, with high profitability...
| 08.01.2025 07:30
Legrand and Cogelec Développement's shareholders sign an agreement for Legrand to acquire a majority stake in Cogelec, a French specialist in access control
Legrand (Euronext - FR0010307819 – LR) and Cogelec (Euronext Growth - FR0013335742 - ALLEC) announce, following the execution on July 9, 2025 of a put option agreement along with an exclusivity undertaking, and the completion of the information and consultation process with Cogelec's social and economic committee, the execution on July 31, 2025 of a share purchase agreement between Legrand France, a subsidiary of Legrand, on the one hand, and the managers of the Cogelec group and Raise Investissement, shareholders of Cogelec Développement, on the other hand, for the acquisition of all of the shares of Cogelec Développement, which indirectly holds 5,347,065 Cogelec shares, representing a total of 60.09% of the share capital and 78.39% of the voting rights of Cogelec, based on a price of 29 euros per Cogelec share (ex-dividend 2024)...
Finance | 07.31.2025 07:30
2025 first-half results
Legrand reports +15% sales growth in first-half 2025, excluding exchange-rate impact and an adjusted operating margin of 21.0% after acquisitions
Organic growth over the half year: +9%, driven by datacenters
Net profit attributable to the Group: 13.2% of sales
2025 full-year targets revised upward
Sales growth of +10% to +12% excluding exchange-rate impact
Adjusted operating margin (after acquisitions): 20.5% to 21.0% of sales
Active deployment of 2030 strategic roadmap
6 acquisitions announced since the beginning of the year
New-product innovation and commercial excellence initiatives
2030 targets reaffirmed
Benoît Coquart, Legrand’s Chief Executive Officer, commented:
“Our first-half 2025 results were excellent, confirming both the relevance...
| 07.17.2025 07:30
2025 first-half sales
In the first-half of 2025, consolidated sales rose by +13.4% compared to the same period in 2024, and by +15.0% excluding the impact of exchange rates, to reach a total of €4,774 million.
Organic growth in sales was +9.0% for the period, including +10.1% in the second quarter, largely fueled by continued strong growth in datacenter activity.
Over 6 months, the broader scope of consolidation boosted sales by +5.5%, and the exchange-rate effect was -1.4%.
2025 full-year sales target revised upward1
Taking into account the sales of the first six months of the year and considering the world’s current macroeconomic outlook as well as a gradual normalization of customs policies, Legrand is now targeting full-year 2025 sales growth (organic and through acquisitions, excluding currency effects) of between +10%
and +12% (compared to +6% to +10% previously). This includes expected organic growth of +5% to +7% and growth from acquisitions of approximately +5%.
Half-year results and full-year financial targets will be released on July 31, 2025.
1 For more information, see the Legrand press releases dated February 13 and May 7, 2025
| 07.09.2025 18:00
Legrand and Cogelec Développement's shareholders sign an agreement for Legrand to acquire a majority stake in Cogelec, a French specialist in access control
Legrand (Euronext - FR0010307819 – LR) and Cogelec (Euronext Growth - FR0013335742 - ALLEC)
announce the signing of an agreement on the acquisition by Legrand of Cogelec, a company listed on
Euronext Growth in Paris and specializing in access control in buildings, with revenue of €74 million in 2024.
| 07.07.2025 07:30
Legrand announces the acquisitions of Amperio Project in Switzerland and Quitérios in Portugal
Legrand is actively pursuing its targeted development strategy, with the announcement today of two new
acquisitions.
Amperio Project is a Swiss specialist in busbars. Based in Murten, the company employs around 20
people and has annual sales of over €4 million. Following Computer Room Solutions (CRS) in Australia
and Linkk Busway Systems in Malaysia, Amperio Project is the third acquisition of the year in datacenters.
Quitérios is a leading Portuguese player in electrical and digital modular distribution boards. Based in
Mira, the company employs more than 100 people and has annual sales of nearly €20 million.
Finance | 06.27.2025 18:00
Amendment and extension of syndicated loan
Maturity extended to June 2030, with extension options to 2032
Nominal amount raised to €1,050 million
CSR1 performance maintained in margin calculation
Legrand announces the signing with seven banks, increased from six previously, of a new agreement
amending and extending the syndicated multi-currency loan initially signed in October 2011, then amended
in July 2014, December 2019 and September 2022.
| 06.10.2025
Legrand joins the Engage & Care Corporate Coalition alongside 12 other international companies
12 International companies, led by L'Oréal, including The Adecco Group, AXA, Bouygues, EDF, Engie, L-Acoustics, Legrand, Michelin, Monnoyeur, Orange, Sanofi, join forces and together create the Engage & Care Corporate Coalition, on 10 June 2025, to promote fair and decent living and working conditions for their employees, and thus foster social justice around the world.
| 06.03.2025 07:30
Legrand strengthens its positions as world champion in datacenters with the acquisition of Linkk Busway Systems in Asia
Legrand is pursuing its active bolt-on acquisition strategy with today’s announcement of Linkk Busway Systems1.
Linkk Busway Systems is an Asian reference specialist in power busbars, particularly for datacenters’ grey space. Based in Malaysia, in Beranang, Selangor, Linkk Busway Systems employs over 240 people and generates an annual revenue of around €45 million.
Finance | 05.07.2025 07:30
2025 first-quarter results
Legrand reports strong growth in sales and very solid results in the first quarter of 2025
Sales growth (organic and acquisitions) : +11.2%
Adjusted operating margin : 20.7% (after acquisitions)
Net profit attributable to the Group: 12.9% of sales
The Group is pursuing the implementation of its strategic plan
Accelerating organic growth in datacenters
2 acquisitions announced since the beginning of the year
Launch of 6th CSR roadmap 2025-2027
2025 full-year targets confirmed