In a building market in retreat, Legrand recorded solid results and specifies its annual targets Solid financial performance Sales: +2.5%, i.e. +5.8% excluding exchange rates and Russia Adjusted operating margin: 21.6% of sales Rise in net earnings per share: +15.9% Free cash flow: €1,214 million, 19.2% of sales Dynamic external growth in buoyant segments Acquisition of ZPE Systems in dat[...]

Following its decision to disengage from Russia as communicated on January 25, 2023, and after examining various options, Legrand announces the sale of its Russian operations to a local industrial player, effective October 4, 20231. Following this divestiture, Legrand will no longer have any operations in the Russian market.   1 As a reminder, Legrand's activities in Russia represented about 1.5% of the Group's annual sales in 2022, wit[...]

On Tuesday, October 10, at l'Autre Cercle's “Rôles Modèles LGBT+ et Allié-es” 2023 ceremony, two Group employees were honored: - Inès Duckit, Communications Manager for Legrand France, “Rôle Modèle Leader LGBT+”; - Aurélien Poisson, Digital Product Manager, “Rôle Modèle Leader Allié”. These awards underline their commitment to promoting inclusion within the company. Benoît Coquart, Chief Executive Officer of Legrand, comments: "Every year, the “Rôles Modèles [...]

In 2023, Legrand received for the third successive year the Platinum EcoVadis medal, the highest distinction that rewards the Top 1% of the most successful comapnies in CSR* among all companies evaluated by EcoVadis.

For its assessment, EcoVadis refers to benchmark CSR standards, such as the UN Global Compact, ILO conventions, GRI standards, country laws and regulations, and the ISO 26000 standard. The company's rating score is assessed through the 4 dimensions of CSR performance: Environment, Ethics, Social and Human Rights, and Responsible Purchasing.  Obtaining this recognition attests to the Group's very good performance in terms of CSR.  What is Ecovadis?&nb[...]

In a contracting building market, Legrand turned in a solid first half and revised its full-year targets upward Very resilient first half Sales: +4.9%, i.e. +6,0% excluding exchange rates Adjusted operating margin: 22.2% of sales Rise in net earnings per share: +19.0% Free cash flow: €813.8 million, 18.9% of sales  2023 full-year targets revised Sales growth (excluding exch[...]

The Vérité40 index, developed by Axylia, a consultancy specialising in responsible finance, includes the 40 French listed companies with the best Carbon Score.  The Axylia Carbon Score® assesses, on a scale from A to F, a company's ability to pay its carbon bill by considering all its CO2 emissions in scopes 1, 2 and 3.  

The "Grand Prix de la création et de partage de la valeur" and the "Grand Prix de la mixité et de la diversité" were awarded to Legrand at the "Grand Prix de l'Assemblée Générale et de la Mixité" ceremony held on June 27, 2023. In 2023, the jury of the “Grands Prix de l'Assemblée Générale et de la Mixité”, chaired by Nicole Notat, analyzed the general meetings of all CAC 40 companies and 20 SBF 120 companies, and rewarded the best practices around the subjects of gender diversity, v[...]

Our Group's CSR strategy integrates the social, societal and environmental dimensions, and these 3 dimensions are reflected in the company's projects and actions. Help us identify the key CSR issues for Legrand and define the main pillars of our next CSR Roadmap by completing this survey, which is open to all our stakeholders*.                                &nb[...]

Legrand today issued a second1 series of sustainability-linked bonds indexed on the Group’s CSR. This fixed- rate issue totaled €700 million with a 6-year maturity and an annual coupon of 3.5%. Following the Group’s first Sustainability-Linked Financing Framework established in September 2021, which addressed Legrand’s carbon trajectory for 2030 as validated by the Science Based Targets initiative (SBTi), Legrand is expanding its framework to include: it[...]

Legrand reports solid first quarter, with sales up 9.0% and very robust growth in results and cash generation Sales: +9.0% including +7.4% organic growth Adjusted operating margin: 22.2% of sales Rise in net earnings per share: +28.1% Free cash flow: €331.5 million, 15.4% of sales 2023 full-year targets unchanged   Benoît Coquart, Legrand’s Chief Executive Officer, comme[...]