Legrand announces that is has been awarded an 'A' rating by the CDP* Climate Change 2024. The "A" list includes companies recognized worldwide for their excellence in climate action, strategy, governance, and results.  This recognition highlights Legrand's commitment to combating climate change through sustainable practices across its operations and value chain, including:  Implementing energy efficiency solutions at all sites,

Legrand fully achieves annual targets Sales growth (organic and acquisitions): +3.9% Adjusted operating margin: 20.5% (after acquisitions) Net profit attributable to the Group: 13.5% of sales Free cash flow: €1.3 billion, 14.9% of sales CSR roadmap achievement rate: 113% in 2024 The Group is on track to meet 2030 ambitions Strong growth in datacenter business which now represents 20% of sales (proforma1[...]

Legrand acquired a majority stake in Circul'R*, a French circular economy consulting firm, in December 2024. Legrand's equity stake into Circul'R's capital will [...]

8 acquisitions announced since the beginning of the year Power Bus Way is a leading North American specialist in Cable Bus power busbars, primarily for datacenters. Based in Toronto, Power Bus Way employs over 120 people and generates an annual revenue of around €70 million, mainly in the United States and Canada. Power Bus Way is the fifth acquisition this year in the highly promising datacenter segment, following Netrack in Ind[...]

Legrand recorded a quarterly sales increase of +2.4% (excluding exchange rates and Russia) driven by acquisitions and datacenters Performance at end of September 9M sales trends: +0.3% excluding exchange rates and Russia Adjusted operating margin: 20.5% Net profit attributable to the Group: 13.4% of sales 7 acquisitions announced since the beginning of the year, including 4 in datacenters Around[...]

 Legrand has taken note of the enforceable decision of the French Competition Authority ordering Legrand to pay a fine of €43 million for the application of derogated prices on the French market between 2012 and 2015. Legrand categorically rejects the allegation made against it and reserves the right to appeal this decision. Legrand reiterates its firm commitment to comply strictly with applicable law, in particular competition law. [...]

Legrand is hosting a Capital Markets Day in London on September 24, 2024, webcast live.  For the Group, this event is an opportunity to outline the pillars of its intensely value-creating strategic model and announce its ambitions for 2030.  I. Legrand strategic model pillars Benoît Coquart (CEO), Franck Lemery (CFO) and Virginie Gatin (EVP CSR) will present Legrand’s unique strategic positioning and assets, which have grown stronger de[...]

7 acquisitions announced since the beginning of the year Legrand is continuing its bolt-on acquisition strategy and announced two new acquisitions today. UPSistemas is a Colombian specialist in the integration, commissioning, maintenance and monitoring of technical infrastructures, in particular for datacenters. Based in Bogota, and employing more than 300 people, UPSistemas reports annual revenue of around €30 million. After[...]

Good resilience in the first half, including sales growth in the second quarter and very firm margins H1 sales trends: -2.0%, i.e. -0.7% excluding exchange rates and Russia Adjusted operating margin: 20.7% Net profit attributable to the Group:13.7% of sales 5 acquisitions announced since the beginning of the year, including 3 in datacenters More than €200 million additional revenue on an annual basis Str[...]

Legrand today completed a fixed-rate bond issue for an amount of €600 million with a 10-year maturity and an annual coupon of 3.5%. This operation raises the average maturity of bond debt to 5.3 years, with the next repayment date set for July 6, 2024 for an amount of €500 million. The success of this issue, subscribed 5.5 times over, demonstrates once again investor confidence in the soundness of Legrand’s development model. [...]