Key figures - Financial statements
In a few key figures, find the evolution of Legrand
Sales, operating profit, net income...
2024
Consolidated figures IFRS - in millions of euros |
9M 2024 |
Sales | 6,229.0 |
Total growth | -1.2% |
Growth at constant scope of consolidation and exchange rate | -0.8% |
Operating profit as % of sales |
1,189,7 19.1% |
Adjusted operating profit (1) as % of sales |
1,276.1 20.5% |
Net profit attributable to the Group | 833.7 |
Free cash flow (2) as % of sales |
749.2 12.0% |
Net earnings per share (in euro) |
3.18 |
Net dividend per share (in euro) |
2024 Regulated information
(1) Adjusted operating profit is defined as operating profit adjusted for: (i) amortization and depreciation of revaluation of assets at the time of acquisitions and for other P&L impacts relating to acquisitions, (ii) assets impairment in Russia and , (iii) where applicable, for impairment of goodwill.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
2023
Consolidated figures IFRS - in millions of euros |
2023 |
Sales | 8,416.9 |
Total growth | +0.9% |
Growth at constant scope of consolidation and exchange rate | +2.7% |
Operating profit as % of sales |
1,591.6 18.9% |
Adjusted operating profit (1) as % of sales |
1,770.2 21.0% |
Net profit attributable to the Group | 1,148.5 |
Free cash flow (2) as % of sales |
1,584.8 18.8% |
Net earnings per share (in euro) |
4.33 |
Net dividend per share (in euro) |
2.09(3) |
2023 Regulated information
(1) Adjusted operating profit is defined as operating profit adjusted for: (i) amortization and depreciation of revaluation of assets at the time of acquisitions and for other P&L impacts relating to acquisitions, (ii) assets impairment in Russia and , (iii) where applicable, for impairment of goodwill.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
(3) Subject to the approval of shareholders at the General Meeting on May 29, 2024 and payable on June 4, 2024. This dividend will be paid in full out of distributable income.
2022
Consolidated figures IFRS - in millions of euros |
2022 |
Sales | 8,339 |
Total growth | +19.2% |
Growth at constant scope of consolidation and exchange rate | +9.7% |
Operating profit as % of sales |
1,447 17.3% |
Adjusted operating profit (1) as % of sales |
1,701 20.4% |
Net profit attributable to the Group | 1,000 |
Free cash flow (2) as % of sales |
1,036 12.4% |
Net earnings per share (in euro) |
3.75 |
Net dividend per share (in euro) |
1.90(3) |
2022 Regulated information
(1) Adjusted operating profit is defined as operating profit adjusted for: (i) amortization and depreciation of revaluation of assets at the time of acquisitions and for other P&L impacts relating to acquisitions, (ii) assets impairment in Russia and , (iii) where applicable, for impairment of goodwill.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
(3) Subject to the approval of shareholders at the General Meeting on May 31, 2023 and payable on June 6, 2023. This dividend will be paid in full out of distributable income.
2021
Consolidated figures IFRS - in millions of euros |
2021 |
Sales | 6,994 |
Total growth | +14.7% |
Growth at constant scope of consolidation and exchange rate | +13.6% |
Operating profit as % of sales |
1,344 19.2% |
Adjusted operating profit (1) as % of sales |
1,434 20.5% |
Net profit attributable to the Group | 904 |
Free cash flow (2) as % of sales |
952 13.6% |
Net earnings per share (in euro) |
3.39 |
Net dividend per share (in euro) |
1.65(3) |
2021 Regulated information
(1) From 2009, 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.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
(3) Subject to the approval of shareholders at the General Meeting on May 25, 2022 and payable on June 1, 2022. This dividend will be paid in full out of distributable income.
2020
Consolidated figures IFRS - in millions of euros |
2020 |
Sales | 6,100 |
Total growth | -7.9% |
Growth at constant scope of consolidation and exchange rate | -8.7% |
Operating profit as % of sales |
1,065 17.5% |
Adjusted operating profit (1) as % of sales |
1,156 19.0% |
Net profit attributable to the Group | 681 |
Free cash flow (2) as % of sales |
1,029 16.9% |
Net earnings per share (in euro) |
2.55 |
Net dividend per share (in euro) |
1,42(3) |
2020 Regulated information
(1) From 2009, 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.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
(3) Subject to the approval of shareholders at the General Meeting on May 26, 2021 and payable on June 1, 2021. This dividend will be paid in full out of distributable income.
2019
Consolidated figures IFRS - in millions of euros |
2019 |
Sales | 6,622 |
Total growth | +10.4% |
Growth at constant scope of consolidation and exchange rate | +2.6% |
Operating profit as % of sales |
1,237 18.7% |
Adjusted operating profit (1) as % of sales |
1,326 20.0% |
Net profit attributable to the Group | 835 |
Free cash flow (2) as % of sales |
1,044 15.8% |
Net earnings per share (in euro) |
3.13 |
Net dividend per share (3) (in euro) |
1.34 |
(1) From 2009, 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.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
(3) Subject to the approval of shareholders at the General Meeting on May 27, 2020 and payable on June 3, 2020. This dividend will be paid in full out of distributable income.
2018
Consolidated figures IFRS - in millions of euros |
2018 |
Sales | 5,997.2 |
Total growth | +8.6% |
Growth at constant scope of consolidation and exchange rate | +4.9% |
Operating profit as % of sales |
1,139 19.0% |
Adjusted operating profit (1) as % of sales |
1,212 20.2% |
Net profit attributable to the Group | 772 |
Free cash flow (2) as % of sales |
746 12.4% |
Net earnings per share (in euro) |
2.89 |
Net dividend per share (in euro) |
1,34(3) |
(1) From 2009, 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.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
(3) Dividend distribution in respect of 2018 has been effected (as dividend distribution in respect of 2014, 2015, 2016 and 2017) by deduction from:
- distributable income in an amount of €0.790 per share on the one hand, and
- the “issue premium” account in an amount of €0.550 per share on the other.
2017
Consolidated figures IFRS - in millions of euros |
2017 |
Sales | 5,521 |
Total growth | +10.0% |
Growth at constant scope of consolidation and exchange rate | +3.1% |
Operating profit as % of sales |
1,026 18.6% |
Adjusted operating profit (1) as % of sales |
1,105 20.0% |
Net profit attributable to the Group | 711(3) |
Free cash flow (2) as % of sales |
696 12.6% |
Net earnings per share (in euro) |
2.67(3) |
Net dividend per share (in euro) |
1.26(4) |
2017 Financial statements
(1) From 2009, 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.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
(3) For full-year 2017, net income excluding minority interests and earnings per share for the period would be read respectively €625.7 million and €2.35, once adjusted for the €85.5 million net favorable effect of significant non-recurring gains and expenses resulting from announced changes in corporate taxation, primarily in France and in the United States. This net favorable effect is adjusted as it does not reflect an underlying performance.
(4) Dividend distribution in respect of 2017 has been effected (as dividend distribution in respect of 2014, 2015 and 2016) by deduction from:
- distributable income in an amount of €0.928 per share on the one hand, and
- the "issue premium" account in an amount of €0.332 per share on the other.
2016
Consolidated figures IFRS - in millions of euros |
2016 |
Sales | 5,019 |
Total growth | +4.3% |
Growth at constant scope of consolidation and exchange rate | + 1.8% |
Operating profit as % of sales |
934 18.6% |
Adjusted operating profit (1) as % of sales |
979 19.5% |
Net profit attributable to the Group | 629 (3) |
Free cash flow (2) as % of sales |
673 13.4% |
Net earnings per share (in euro) |
2.36 (3) |
Net dividend per share (in euro) |
1.19 (4) |
2016 Financial statements
(1) From 2009, 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.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
(3) For full-year 2016, net income excluding minority interests and net dividend per share for the period shall be read respectively €567.3 million and €2.13, once 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.
(4) Dividend distribution in respect of 2016 has been effected (as dividend distribution in respect of 2014 and 2015) by deduction from :
- distributable income in an amount of €0.791 per share on the one hand, and
- the "issue premium" account in an amount of €0.399 per share on the other.
2015
Consolidated figures IFRS - in millions of euros |
2015 |
Sales | 4,810 |
Total growth | + 6.9% |
Growth at constant scope of consolidation and exchange rate | + 0.5% |
Operating profit as % of sales |
887 18.4% |
Adjusted operating profit (1) as % of sales |
930 19.3% |
Net profit attributable to the Group | 551 |
Free cash flow (2) as % of sales |
666 13.8% |
Net earnings per share (in euro) |
2.07 |
Net dividend per share (in euro) |
1.15 (3) |
2015 Financial statements
(1) From 2009, 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.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
(3) Dividend distribution in respect of 2015 has been effected (as dividend distribution in respect of 2014) by deduction from :
- distributable income in an amount of €0.729 per share on the one hand, and
- the "issue premium" account in an amount of €0.421 per share on the other.
2014
Consolidated figures IFRS - in millions of euros |
2014 |
Sales | 4,499 |
Total growth | + 0.9% |
Growth at constant scope of consolidation and exchange rate | + 0.5% |
Operating profit as % of sales |
848 18.8% |
Adjusted operating profit (1) as % of sales |
880 19.6% |
Net profit attributable to the Group | 532 |
Free cash flow (2) as % of sales |
607 13.5% |
Net earnings per share (in euro) |
2.00 |
Net dividend per share (in euro) |
1.10 (3) |
2014 Financial statements
(1) From 2009, 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.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
(3) The 2014 distribution of a dividend of €1.10 per share is performed in two separate lines and thus subject to two separate taxation schemes for individual shareholders residing in France:
- In the amount of €0.93, the dividend paid would be considered as taxable income subject to sliding-scale income tax and eligible, for individual shareholders residing in France, for the 40% exemption provided for under Article 158-3-2° of the French Tax Code (Code Général des Impôts). This portion of dividend is, in principle, subject to a compulsory withholding tax of 21% on its gross amount, excluding social security contributions, said levy being attributable to income tax on revenue received during the 2015 fiscal year. However, under article 117 quater of the French Tax Code (Code Général des Impôts), "individual shareholders belonging to a tax household whose reference fiscal income for the penultimate year, as defined in article 1417, section 4, sub-section 1, is less than €50,000 for taxpayers who are single, divorced or widowed or less than €75,000 for taxpayers subject to joint taxation, may request exemption from this levy". Such persons should, on their own initiative, submit a request for exemption according to the conditions set out in article 242 quater of the French Tax Code (Code Général des Impôts). This portion of dividend is also subject to a withholding tax of 15.5% for social security contributions.
- In the amount of €0.17, the dividend payment deducted from the "issue premium" account would be considered as a repayment of paid-in capital within the meaning of article 112-1° of the French Tax Code (Code Général des Impôts), therefore nontaxable for individual shareholders residing in France; it would however reduce the fiscal share cost price by the amount of €0.17 per share.
2013
Consolidated figures IFRS - in millions of euros |
2013 |
Sales | 4,460 |
Total growth | - 0.1% |
Growth at constant scope of consolidation and exchange rate | + 0.5% |
Operating profit as % of sales |
849 19.0% |
Adjusted operating profit (1) as % of sales |
882 19.8% |
Net profit attributable to the Group | 531 |
Free cash flow (2) as % of sales |
563 12.6% |
Net earnings per share (in euro) |
2.00 |
Net dividend per share (in euro) |
1.05 |
2013 Financial statements
(1) From 2009, 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.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
2012
Consolidated figures IFRS - in millions of euros |
2012 |
Sales | 4,467 |
Total growth | + 5.1% |
Growth at constant scope of consolidation and exchange rate | - 1.4% |
Operating profit as % of sales |
848 19.0% |
Adjusted operating profit (1) as % of sales |
874 19.6% |
Net profit attributable to the Group | 506 |
Free cash flow (2) as % of sales |
627 14.0% |
Net earnings per share (in euro) |
1.92 |
Net dividend per share (in euro) |
1.00 |
2012 Financial statements
(1) From 2009, 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.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
2011
Consolidated figures IFRS - in millions of euros |
2011 |
Sales | 4,250 |
Total growth | + 9.2% |
Growth at constant scope of consolidation and exchange rate | + 6.4% |
Operating profit as % of sales |
812 19.1% |
Adjusted operating profit (1) as % of sales |
857 20.2% |
Net profit attributable to the Group | 479 |
Free cash flow (2) as % of sales |
523 12.3% |
Net earnings per share (in euro) |
1.82 |
Net dividend per share (in euro) |
0.93 |
2011 Financial statements
(1) From 2009, 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.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
2010
Consolidated figures IFRS - in millions of euros |
2010 |
Sales | 3,891 |
Total growth | + 8.7% |
Growth at constant scope of consolidation and exchange rate | + 3.6% |
Operating profit as % of sales |
758 19.5% |
Adjusted operating profit (1) as % of sales |
797 20.5% |
Net profit attributable to the Group | 418 |
Free cash flow (2) as % of sales |
646 16.6% |
Net earnings per share (in euro) |
1.60 |
Net dividend per share (in euro) |
0.88 |
2010 Financial statements
(1) From 2009, 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.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
2009
Consolidated figures IFRS - in millions of euros |
2009 |
Sales | 3,578 |
Total growth | - 14.9% |
Growth at constant scope of consolidation and exchange rate | - 13.9% |
Operating profit as % of sales |
524 14.6% |
Adjusted operating profit (1) as % of sales |
588 16.4% |
Net profit attributable to the Group | 290 |
Free cash flow (2) as % of sales |
655 18.3% |
Net earnings per share (in euro) |
1.11 |
Net dividend per share (in euro) |
0.70 |
2009 Financial statements
(1) From 2009, 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.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
2008
Consolidated figures IFRS - in millions of euros |
2008 |
Sales | 4,202 |
Total growth | + 18% |
Growth at constant scope of consolidation and exchange rate | - 0.1% |
Operating profit as % of sales |
643 15.3% |
Adjusted operating profit (1) as % of sales |
698 16.6% |
Net profit attributable to the Group | 350 |
Free cash flow (2) as % of sales |
430 10.2% |
Net earnings per share (in euro) |
1.37 |
Net dividend per share (in euro) |
0.70 |
2008 Financial statements
2008 Information regulated
(1) From 2009, 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.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
2007
Consolidated figures IFRS - in millions of euros |
2007 |
Sales | 4,129 |
Total growth | + 10.5% |
Growth at constant scope of consolidation and exchange rate | + 8.6% |
Operating profit as % of sales |
662 16.0% |
Adjusted operating profit (1) as % of sales |
724 17.5% |
Net profit attributable to the Group | 421 |
Free cash flow (2) as % of sales |
553 13.4% |
Net earnings per share (in euro) |
1.58 |
Net dividend per share (in euro) |
0.70 |
2007 Financial statements
2007 Information regulated
(1) From 2009, 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.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
2006
Consolidated figures IFRS - in millions of euros |
2006 |
Sales | 3,737 |
Total growth | + 15.1% |
Growth at constant scope of consolidation and exchange rate | + 7.8% |
Operating profit as % of sales |
530 14.2% |
Adjusted operating profit (1) as % of sales |
616 16.5% |
Net profit attributable to the Group | 252 |
Free cash flow (2) as % of sales |
456 12.2% |
Net earnings per share (in euro) |
1.02 |
Net dividend per share (in euro) |
0.50 |
2006 Financial statements
2006 Information regulated
(1) From 2009, 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.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
2005
Consolidated figures IFRS - in millions of euros |
2005 |
Sales | 3,248 |
Total growth | + 11.0% |
Growth at constant scope of consolidation and exchange rate | + 6.6% |
Operating profit as % of sales |
406 12.5% |
Adjusted operating profit (1) as % of sales |
509 15.7% |
Net profit attributable to the Group | 104 |
Free cash flow (2) as % of sales |
308 10.1% |
Net earnings per share (in euro) |
|
Net dividend per share (in euro) |
2005 Financial statements
2005 Information regulated
(1) From 2009, 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.
Before 2009, operating profit adjusted for amortization of revaluation of intangible assets related to the acquisition of Legrand France in 2002 and impairment of goodwill.
(2) Free cash flow is defined as the sum of net cash from operating activities and net proceeds of sales of fixed and financial assets, less capital expenditure and capitalized development costs.
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