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 calls for development in both core infrastructure and in faster expanding segments—datacenters, connected offerings and energy efficiency. We never stop working to boost 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—particularly solutions with greater value in use in the market’s faster expanding segments (datacenters, connected offerings and energy efficiency). Serving safety, reliability and comfort, innovation allows us to improve the lives of building professionals and individuals every day, all over the world.
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 multiple and complementary drivers. On one hand, the Group is continuously strengthening its positions through traditional and proven drivers such as innovation, geographical expansion or increased presence on 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 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.