Our unique growth model
Legrand’s model is built on organic growth, powered by ongoing innovation and a steady stream of new product launches, and targeted acquisitions. This strategy calls for development in both essential infrastructure and in faster expanding segments—datacenters, connected offerings and energy efficiency. We never stop working to boost our leadership positions.
When combined with our commitment to operational excellence, this focus on expanding leadership positions results in leading operating margins and cash generation. Responsible growth is another driver, and a core component of our overall business 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—particularly solutions with greater value in use in the market’s faster expanding segments (datacenters, connected offerings and energy efficiency). Legrand products are already popular for their innovative flair, reliability and design, and we are constantly expanding our catalog to meet the needs of professional and individual customers.
At Legrand, we use external growth to fuel development and expand market share, carefully selecting best-in-breed companies as acquisition targets. Over time, we have developed special know-how in the field and plan to pursue this strategy in the long term.
Multiple growth drivers
Legrand is constantly working to expand existing positions through time-tested methods that include promoting innovation, expanding in new geographical markets, and stepping up our presence in new distribution channels. At the same time, we are dedicated to raising the contribution of faster expanding segments to our global sales, targeting a full 50% in the medium term.
Social responsibility is at the heart of Legrand’s strategy. It contributes to profitable, responsible growth, and ensures that growth benefits all of our stakeholders.