Today's focus: Collections — unlock trapped working capital first. The day's plan leads; the rest of the week follows.
Your daily value-creation plan, cash-first — every goal sized and owned. Check goals off to feed the bridge; open ▸ play & evidence on any card for the steps and the numbers.
Themed cash-first · grounded in Legrand's governed data · enterprise value at 10× profit (assumption)
Target this week: €232.7 M cash + +€304.7 M profit (≈ €3.0 bn enterprise value). Captured rises as goals are checked off below.
Leading indicators · one number, the action it implies
Datacenter power is €2.4 bn of the €9.5 bn book and the growth engine (+40% organic, US >50%). The watch-item is executing the AI build-out while holding the ~20.7% adjusted operating margin.
The historic hardware core still dominates. Attach connected products, monitoring & services and aftermarket — the less-cyclical, higher-value book — to lift the mix toward target.
€320 M (US hyperscaler datacenter) and €150 M (Eliot connected-building) are sitting in Proposal. Enforce dated next steps before they age out.
5 points of idle capacity against the 90% target across the plants. Fill it before adding lines — every utilized hour drops to margin.