2024 first-quarter results
Acquisition of Enovation in assisted living and healthcare and of Netrack in datacenters
Universal Registration Document 2023
Legrand publishes its 2023 gender equality index
2023 full-year results
Legrand ranked "Leadership" by the CDP
| 05.03.2024 07:30
In a building market in retreat, Legrand reports lower sales and good margin resilience in Q1
Sales: -5.6%, i.e. -3.7% excluding exchange rates and Russia
Adjusted operating margin: 20.5% of sales
Net profit attributable to the Group: 13.6% of sales
3 acquisitions announced since the beginning of the year
2024 full-year targets unchanged
Legrand validates its Net-Zero 2050 commitment with SBTi | 04.30.2024
Legrand announces the validation by the Science-Based Target initiative (SBTi)1 of the Group's Net-Zero commitment, with a reduction of its greenhouse gas emissions (Scopes2 1, 2 and 3) of -90% between 2022 and 2050.
| 04.23.2024 08:00
Legrand is actively implementing its development strategy with two acquisitions in the promising areas of assisted living, healthcare and datacenters, further strengthening the Group's leadership in its faster expanding segments.
Finance, Groupe, Responsabilité sociétale | 04.10.2024 12:41
The Legrand Universal Registration Document was filed on April 10, 2024 with the Autorité des marchés financiers.
Group | 03.04.2024
Legrand has published its 2023 gender equality index with a score of 93 points out of 100, an increase compared to 2022.
This represents an increase of 8 points since 2018, when the index was first published.
| 02.15.2024 07:00
With building markets in retreat, Legrand turned in a very solid performance, meeting targets with sales up nearly 5% (organic growth and acquisitions), and record margins and free cash flow
Outstanding 2023 performance
Sales: +0.9%, i.e. +4.7% excluding exchange rates and Russia
Adjusted operating margin: 21.0% of sales
Rise in net earnings per share: +15.6%
Free cash flow: €1.6 billion, 18.8% of sales, up +53.0%
CSR roadmap achievement rate: 118% in 2023
Ongoing execution of strategic roadmap
5 acquisitions over a year, of which 1 announced today
Powerful fundamentals (innovation, pricing power, productivity)
Targeted investments in growth and cost structure optimization
2024 full-year targets
Sales growth (organic and through acquisitions) slightly positive (in low single digits)
Adjusted operating margin before acquisitions: 20.0% to 20.8% of sales
CSR | 02.09.2024
In February 2024, Legrand was included in the CDP Climate Change "A- list" for its actions to combat climate change. The Group is amongst the best companies in the electrical and electronic equipment sector to have achieved the "Leadership" level.