LEGRAND GROUP PRESS INFORMATION KIT 2011
CONTENTS A SPECIALIST P. 3 A LEADER P. 4 A BACKGROUND P. 5 DRIVEN BY INNOVATION P. 6 NEW IN 2010 P. 7 A GROWTH DYNAMIC P. 8 FIND OUT MORE P. 9 contacts Corporate Communication Groupe Legrand Edith Dumas Tel: +33(0)5 55 06 89 24 / +33(0)5 55 06 75 65 edith.dumas@legrand.fr Corporate & Financial Communication Publicis Consultants Vilizara Lazarova Tel: +33(0)1 57 32 86 46 vilizara@publicis.fr www.legrandgroup.com
A SPECIALIST LEGRAND IS THE GLOBAL SPECIALIST IN ELECTRICAL AND DIGITAL BUILDING INFRASTRUCTURES One core business For over 60 years, Legrand has been providing integrated solutions for the management of building functions such as lighting, heating, energy, networks and access control. The Legrand Group s business is the design, development and marketing of both simple and innovative electrical and digital systems for easier communication, reinforced safety and security, and enhanced comfort in buildings. High value-added solutions Legrand s competitive edge lies in its ability to provide high value-added products and services for both end users and electrical professionals. For Legrand, creating value means coming up with solutions for lower energy consumption, but also integrating product design into the overall development process. And, of course, finding solutions to fit everyone s needs. Priority to high-potential markets Legrand has deliberately positioned itself on markets with a promising future. Today, one third of its sales comes from new economies, boosting its growth potential. Meanwhile, technological progress and the appearance of new requirements support the rapid emergence of new business segments, epecially in digital infrastructures, energy efficiency, wire-based cable management solutions and home systems. > Serving commercial, industrial and residential buildings alike Legrand offers a complete range of specific solutions and services for each type of building: homes, shops, hotels, healthcare establishments, schools, offices, industrial facilities, etc. With over 178 000 catalogue items forming about a hundred product families, the Group is able to provide integrated systems comprising virtually any product that may be required for an electrical and digital installation. These solutions include control and command functions, cable management, and distribution of both power and voice-data-image systems. 31 000 employees e3 891 m net sales total 2010 3 MARKETS COMMERCIAL INDUSTRIAL RESIDENTIAL 3
A LEADER Directly present in more than 70 countries and marketing its products in close to 180 countries worldwide, Legrand operates on a global market. Close to two thirds of sales are made with products ranking No. 1 or No. 2 on their market, including especially prominent positions in France, Italy, the US, Brazil, Russia, India, China and Mexico. THE AMERICAS BRAZIL CANADA CHILE COLOMBIA COSTA RICA MEXICO PERU UNITED STATES VENEZUELA EUROPE AUSTRIA Azerbaijan BELARUS BELGIUM BOSNIA-HERZEGOVINA BULGARIA CROATIA Cyprus CZECH REPUBLIC DENMARK ESTONIA FRANCE GERMANY GREECE HUNGARY IRELAND ITALY LITHUANIA NETHERLANDS POLAND PORTUGAL ROMANIA RUSSIA SERBIA-MONTENEGRO SLOVAKIA SLOVENIA SPAIN SWITZERLAND TURKEY UKRAINE UNITED KINGDOM AFRICA ALGERIA EGYPT LIBYA Mauritius MOROCCO SENEGAL SOUTH AFRICA TUNISIA ASIA, MIDDLE EAST AND PACIFIC AUSTRALIA CHINA Dubai HONG KONG INDIA INDONESIA JORDAN KAZAKHSTAN LEBANON MALAYSIA NEW ZEALAND PHILIPPINES QATAR SAUDI ARABIA SINGAPORE South Korea SYRIA THAILAND UZBEKISTAN VIETNAM Facilities in more than 70 COUNTRIES Products marketed in close to 180 COUNTRIES > Huge market potential The global market in electrical and digital building infrastructures is valued at around 70 billion euros. As a leader on its main markets, Legrand enjoys some key competitive advantages in this regard. World leader in switches and socket outlets 20% of the world market BREAKDOWN OF SALES IN 2010 BY GEOGRAPHIC AREA france ITALY REST OF EUROPE NORTH AMERICA REST OF WORLD World leader in cable management products 14% of the world market 24% 15% 20% 14% 27% 4
A BACKGROUND Legrand can look back on over a century of corporate history. This background is clearly an asset for the company which, since it was founded, has continually demonstrated its ability to adapt to changing market trends. From the original porcelain workshop, the business has thus gradually advanced to being world leader in electrical and digital building infrastructures. More than 50 acquisitions over 20 years, including 15 in new economies 1860 Setting-up of a porcelain workshop in Limoges 1949 Decision to focus on the production of electrical devices 1966 First subsidiary opened outside France 1970 Legrand goes public 1989 Acquisition of Bticino (Italy) 2007 European launch of the Céliane wiring device range 2010 Worldwide launch of Arteor, the latest-generation range of wiring devices > 4 core values for sustainable profitable growth Over the years, Legrand has relied on solid values that form the basis of the company s culture and of its commitments to its stakeholders: Ethical behaviour Listening to customers Optimization of resources Innovation Built on this solid foundation, the quality and professionalism of Legrand s customer relationships have enabled it to be seen as a genuine partner, efficiently adapting its offering to suit the requirements of each market. 5
DRIVEN BY INNOVATION Intelligent building management, new functions, user-friendliness Legrand s development is guided by ongoing dynamic innovation. And regular launches of new products are a clear priority, with 1 800 people working in the Group s design and R&D departments, imagining, inventing and shaping solutions for tomorrow. High value-added solutions that need to be innovative, smart and flexible. r & d 4.5% of sales Our growth is driven by innovation and design. They are what differentiates us, enabling us to anticipate requirements and thereby create value for all of the economic chain. over 4 000 active patents Gilles Schnepp, Chairman and CEO More than 1 800 people dedicated to innovation > Innovating to explore new territories Arteor A new leading-edge range of wiring devices including touch screens, Zigbee technology and upmarket design. For Legrand, innovation and design are means to speed up development on buoyant markets such as energy efficiency, digital infrastructures and home systems. Supported by permanent market intelligence, the innovation process also serves to open up future markets such as solar cell installation protection, assisted living solutions and electric vehicle charging. Green up Legrand An eco-sustainable electric vehicle charging station, designed to suit private houses, car parks and public spaces alike. 6
GRAPHIC Formal Casual NEW IN 2010 In 2010, Legrand actively pursued implementation of the innovation policy which drives its organic growth. Over the year, various new product offerings were thus launched, including: new wiring device ranges: Kaptika in Russia, Nereya in Brazil, Mellovia in South Korea, K5 and Meidian in China, upmarket series such as Axolute Eteris and Axolute White in Italy, a new audio and video door entry range for the Chinese market, a specifically dedicated protection device offering for solar-cell installations in France, optimized Digital Lighting Management networks in the US, a CCTV video-surveillance range in Italy. workstation equipment: systems for cable management and bringing current straight to the user, for a perfectly scalable installation. 38% of sales in 2010 made with new products 60% of capital expenditure dedicated to new products 7
A GROWTH DYNAMIC Legrand s ambition is to boost its leadership in electrical and digital building infrastructures, in order to become the benchmark player in smart electricity. This dual ambition requires a fast rhythm of new product launches and targeted acquisitions, both on especially promising market segments and in new economies. New economies, a major growth lever As they drive the global market, new economies are quite naturally a development priority for Legrand, which currently makes one third of its sales in countries such as Russia, India, China or Mexico fast-growing markets with strong demand for innovative infrastructures. New business segments Social and technological developments provide Legrand with a variety of growth opportunities. Digital convergence in particular is opening the way for buildings to be equipped with smart infrastructures. Today, 20% of Legrand s business is done in digital infrastructures, energy efficiency, wire-based cable management solutions and home systems. These are all fast-growing markets, and Legrand is determined to pursue its longer-term development in these high-potential areas, with a focus on two especially promising segments: - assisted living, where Legrand is developing innovative solutions designed to meet the challenge of staying independent, and - electric vehicle charging stations, which fit perfectly with the Group s Sustainable Development approach. New economies 33% of sales in 2010 New business segments 20% of sales in 2010 > A sustainable growth model For many years now, Legrand has involved its partners and customers in a forward-looking approach designed to ensure long-term profitable growth for its business. This approach forms an integral part of the Legrand Group s strategy, expressing its commitments in terms of social and environmental responsibility and of governance. In each of these three areas, Legrand has identified priorities for its development, among which the promotion of energy efficiency and of wider access to electricity. > Carefully targeted acquisitions to stimulate growth In 2010 and early 2011, Legrand continued expanding its business through targeted external growth. The focus was on new economies, with the acquisitions of Inform, the leader in UPS in Turkey, and Indo Asian Switchgear, a major player on the Indian market for protection devices. Legrand also boosted its positions on new market segments by taking over Meta System Energy, an Italian specialist in modular UPS, Electrorack, a US specialist in VDI enclosures for data centers, and Intervox, the French leader in connected security systems. 8
FIND OUT MORE For more information, look up the www.legrandgroup.com website, where you will find especially: Solutions to suit every type of building From homes to offices via shops, hotels and industry, Legrand provides a wide choice of products for building solutions and configuring systems to suit every requirement. Flagship projects Discover the project achievements of professionals who have chosen Legrand across the world. L E G R A N D AND SUSTAINABLE DE VELOPMENT WORKING FOR RESPONSIBLE GROWTH L E G R A N D E T L E F F I C A C I T E ENERGE TIQUE VERS DES ECONOMIES DURABLES Topical information packages Legrand and Sustainable Development Legrand presents its Sustainable Development policy, an integral part of its overall growth strategy. Legrand and Energy Efficiency In response to the energy revolution underway in buildings, Legrand provides simple and practical solutions for the everyday enhancement of energy efficiency. 9