Our unique growth model
Built for sustainable and responsible development, our strategy relies on two growth drivers: first organic growth powered by ongoing innovation and new product launches, and second by targeted acquisitions. This strategy aims to develop both essential infrastructure products and solutions that support the energy and digital transition, including products for datacenters, the energy transition, and digital lifestyles. Our ambition on all these segments is to reinforce our leadership positions.
Combined with a policy of operational excellence, this strategy translates into leading profitability and cash generation. Unique, this growth model is also based on a strong responsible commitment, fully integrated into the Group's strategy.
Our innovation dynamic
Innovation is a continuing source of momentum at the heart of Legrand culture. It’s the driving force behind a steady stream of new products - especially those with higher usage value in buoyant segments such as those linked to the energy and digital transition. Serving safety, reliability and comfort, innovation allows us to improve the lives of building professionals and individuals every day, all over the world.
Targeted acquisitions
As an integral part of Legrand's strategy, external growth enables us to fuel business development and expand market share, carefully selecting companies that complement our activities and benefit from leading positions. Over time, we have developed special know-how in the field and plan to pursue this strategy in the long term.
Multiple growth drivers
Our development is based on solid cross-functional growth drivers, notably the constant renewal and digitization of our offerings, the growth of eco-responsible offerings, innovation and digital transformation, a demanding focus on the customer experience, increased presence in new territories and an active acquisition policy.
The Group is also focusing its investments on segments supporting the energy and digital transition, which account for around 46% of our sales in 2023.
Responsible commitments
Social responsibility is at the heart of Legrand's strategy. It contributes to profitable and responsible growth and is fully part of our development. All committed to a more sustainable world, we intend to ensure that this development benefits all of our stakeholders.
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