Legrand distinguished by L’Autre Cercle for its contribution to the inclusion of LGBT+ persons.
Legrand has decided to join the “We Mean Business” coalition committed to lowering greenhouse gas emissions. The Group has signed a letter addressed to the governments of G20 member states reminding them of the need to intensify action towards reducing global emissions.
Legrand today completed its first sustainability-linked bond issue indexed on its carbon neutrality trajectory. This issue totaled €600 million, at a fixed rate, with a 10-year maturity and an annual coupon of 0.375%.
Legrand held a digital Capital Markets Day on September 22, 2021, broadcasted on the Legrand website. During this event, Legrand’s Executive Committee provided insights into the Group’s value creation acceleration.
Legrand announces the appointment of Virginie Gatin as Group VP Social & Environmental Responsibility and to its Executive Committee.
In July 2021, Legrand received the Platinum EcoVadis medal, the highest distinction that rewards the Top 1% of the most successful comapnies in CSR among all companies evaluated by EcoVadis.
Strong growth in sales and financial results
Organic rise in sales: +13.1%
Adjusted operating margin before acquisitions: 21.9% of sales
Net profit attributable to the Group: +36.4%
Full-year 2021 targets raised
Benoît Coquart, Legrand’s Chief Executive Officer, commented:
“In the first quarter of 2021, our revenues showed a steep rise in all regions...
The Legrand Universal Registration Document was filed on April 12, 2021 with the Autorité des marchés financiers.
The winning projects for Legrand are the Mallia Senses wiring devices range and the KaiYun home automation and door entry system.
This great achievement shows our leadership in responding to user needs to improve lives with elegant, connected solutions.
Under the authorization granted by the Ordinary and Extraordinary General Meeting of Shareholders on 27 May 2020 for implementing a share buyback program, Legrand today announced that it has signed an agreement with an investment services provider to purchase up to 1,200,000 shares over the period from 22 March to 21 May 2021.
The purpose of this transaction is to acquire shares for allocation to maturing performance share plans or, depending on the case, to cancel them.
On Monday March 1st, 2021, Legrand published its 2020 gender equality index. This year, the Group scored 91 points out of 100: this score is identical to the one obtained in 2019.
Legrand announces the launch of a new generation wireless and batteryless switch. This technological innovation was developed in collaboration with CEA, a major player in research, development and innovation.
Responsible crisis management
Solid financial and ESG achievements in 2020
Change in sales: -7.9%
Adjusted operating margin: 19.0%
Free cash flow: 16.9% of sales
Achievement rate of CSR roadmap: 128%
3 new acquisitions announced
Total of 4 new companies acquired in 2020
Ongoing active roll-out of product offerings of recently acquired companies
Legrand has been awarded the Gender Equality European & International Standard (GEEIS) Diversity label, which was set up by Arborus and is audited by Bureau Veritas Certification. This distinction ackowledges the progress made by the Group over many years in terms of diversity, professional equality and inclusion, principles which are at the heart of Legrand’s HR and CSR strategies.