LLegrandExecutive Cockpit

Business Overview

How Legrand turns the data from its plants, brands, channels and datacenter projects into one trusted picture — and into the decisions that compound into shareholder value.

Legrand SA · FY2025 (31 Dec 2025, audited)
The global specialist in electrical & digital building infrastructures
39,600 employees · 50+ manufacturing & logistics sites · 90 countries
The Legrand Operating Platform

Socket to AI datacenter.
One source of truth.

A global electrical & digital infrastructure group usually can't answer a simple question the same way twice across wiring, energy distribution, connected systems and datacenter power. Legrand can — because every number is unified into one governed truth, then served as the exact answer each leader needs to act.

Before

Many systems, many answers

Brand ERPsLegacy PLMRegional ledgersCPQ & quote sheetsDatacenter project systemsAcquired-company systemsPlant logs

Each division and plant keeps its own books. A simple question — “what's our margin?” — returns a different number from each system, days later.

After

One governed truth

One ontologyGolden recordsOne metric dictionaryConfidence-flagged

Data is resolved, federated and defined once — so the same question returns the same trusted number, live, for everyone.

How it works

Five moves, raw data to realized value

Built around how leaders actually work

Every role has a journey — and an outcome

Sign in as any leader and the cockpit becomes theirs: their queue, their views, their guided path from question to decision. Here is what that looks like.

BC
Benoît Coquart
Chief Executive Officer
The challenge

Wiring, energy distribution, connected systems and datacenter power run on a patchwork of ERP, PLM, CRM and spreadsheet systems — no single, trustworthy read on whether the datacenter-led, energy-transition thesis is working.

What they get

One live enterprise picture and a ranked queue of the highest-value moves across the four product families.

Their day, better

Walks into the board meeting with the answer — not a three-day data pull.

Datacenter-led growth

The Legrand thesis: ride the datacenter / AI-infrastructure tailwind and the energy transition, compounding via disciplined bolt-on M&A — the four pillars, the value levers, how the group is performing, the P&L & cash, the product-family margin journey, and the shareholder value it creates.

Start Benoît's journey →
FL
Franck Lemery
EVP & Chief Financial Officer · Margin · Cash · Capital Allocation
The challenge

The adjusted operating margin (~20.7%), the working-capital cycle and M&A-funded leverage (~1.9×) are buried across brand and regional ledgers.

What they get

P&L, working capital, covenant headroom and shareholder value in one governed pane — plus an agentic scenario planner.

Their day, better

Sees the acquisition path and the free cash flow to fund it in seconds.

💰CFO: margin → cash → returns

Earnings to cash to value: the consolidated P&L, the three distinct margins (adjusted operating ~20.7%, reported, net), working capital and DSO, M&A-funded leverage (~1.9× net debt/EBITDA), product-family economics, and the listed-company valuation view.

Start Franck's journey →
AG
Board of Directors
Chair Angeles Garcia-Poveda · listed, free float
The challenge

Hard to know if the margin, the datacenter tailwind and the bolt-on M&A machine are compounding shareholder value — and how it reads against Schneider, ABB, Eaton and Vertiv.

What they get

The value-creation plan, EBITDA quality and the EV / market-cap bridge, governance-grade — with the datacenter re-rating tracked.

Their day, better

Reads the return, the leverage track and the dividend story at a glance.

BD
Brian DiBella
President & CEO, North & Central America · Datacenter
The challenge

North America's datacenter order book, projects and margin sit apart from the group's building-cycle view.

What they get

The datacenter order book, US projects and how the fastest-growing region lifts the blended margin.

Their day, better

Sees where the datacenter engine is winning — and where the next capex euro compounds.

🔌Connected products & energy transition

Grow the energy & digital transition — connected products (Eliot, Netatmo), datacenter power & cooling technology, UPS and EV charging: where the demand is, the M&A behind it, the product families they join, the software & services book, the capacity to deliver, and how they lift blended margin.

Start Brian's journey →
DB
Delphine Bazaud
EVP Operations · Plants · Supply Chain
The challenge

Plant utilization, first-pass quality, OTIF and supply risk surface too late, site by site.

What they get

Live plant utilization, first-pass yield, sourcing (copper & components) and the cost / working-capital discipline.

Their day, better

Runs the network without firefighting — yield up, OTIF tight, capacity full.

🏭Operate the plants & supply chain

Sense → decide → act across the plants, logistics hubs and supply chain: the towers, the agents that act, delivery & service, the workforce, and sourcing & supply risk.

Start Delphine's journey →
BA
Blandine Antoine
EVP Products & Technology
The challenge

Connected-product demand, the Eliot platform and software & services are each tracked in their own silo.

What they get

The Eliot / Netatmo connected platform, datacenter monitoring & services and the software & services book in one place.

Their day, better

Sees where connected & services are winning — and where to put the next R&D euro.

Datacenter-led growth

The Legrand thesis: ride the datacenter / AI-infrastructure tailwind and the energy transition, compounding via disciplined bolt-on M&A — the four pillars, the value levers, how the group is performing, the P&L & cash, the product-family margin journey, and the shareholder value it creates.

Start Blandine's journey →
JM
Juan Moreno-Alamo
EVP Strategy, Brands & Digital · M&A
The challenge

The bolt-on M&A pipeline, integration and the multi-brand portfolio are scattered across desks and geographies.

What they get

Funnel → deal → integration → synergy capture and the multi-brand portfolio, in one flow.

Their day, better

Knows where the next accretive deal comes from and defends the synergy plan.

🔌Connected products & energy transition

Grow the energy & digital transition — connected products (Eliot, Netatmo), datacenter power & cooling technology, UPS and EV charging: where the demand is, the M&A behind it, the product families they join, the software & services book, the capacity to deliver, and how they lift blended margin.

Start Juan's journey →
The value-creation engine

Four pillars, each with its levers, agents and a number

Benoît Coquart runs Legrand on four priorities. Each pillar has concrete levers, a standing AI agent (or desk) working it, and a live goal with a target — so the thesis is measurable, not a slogan.

🖥Datacenter & AI Infrastructure Growth

Grow datacenter revenue toward ~30% of sales — critical power, busway, containment & advanced cooling for AI/HPC.

Levers
  • Scale US datacenter capacity & the hyperscaler book
  • Win critical-power, busway & advanced-cooling positions
  • Lift datacenter to ~30% of group sales
Datacenter revenueOn track
€2.4 bn€3.0 bn
Open Datacenter & AI Infrastructure Growth
🔌Connected Products & Energy Transition

Grow connected products (Eliot, Netatmo), UPS, EV charging and the software & services book.

Levers
  • Grow software & services revenue toward €1.7 bn
  • Deepen connected / subscription retention
  • Lift the software & services mix
Software & services revenueOn track
€1.4 bn€1.7 bn
Open Connected Products & Energy Transition
🤝Disciplined Bolt-on M&A

Add ~€500 m annualised revenue a year via self-funded bolt-ons in datacenter & digital transition — and integrate them fast.

Levers
  • Source ~7 deals/yr in datacenter & digital transition
  • Realize SAP / CPQ / MDM integration synergies
  • Fund it all from free cash flow
M&A pipeline revenueOn track
€500 M€600 M
Open Disciplined Bolt-on M&A
💎20%+ Adjusted Margin & Cash Generation

Hold the adjusted operating margin above 20%, keep investment-grade leverage, and convert profit to free cash flow.

Levers
  • Hold adjusted operating margin above 20%
  • Keep net debt / EBITDA ~1.9× under the ~3.0× ceiling
  • Convert profit to free cash flow
Adjusted operating marginOn track
20.7%21%
Open 20%+ Adjusted Margin & Cash Generation
One shared language

Everything connects to the plant

The ontology is the model behind the truth: ten classes, one keystone. The plant is where product family, leader, legal entity and geography reconcile — so a number computed anywhere foots everywhere.

See it whole

Every subject, composed into one 360

A 360 assembles everything the platform knows about one subject — graph context, governed metrics, external signals — into one role-ready surface a person and an agent read the same way.

Order to cash

Follow the money, end to end

One spine shows the value, the conversion, the days and the leakage at every handoff — from order to collected cash, with inventory and project-billing drag at each step. The biggest pools: broad-catalogue inventory and aged datacenter-project receivables.

OrderManufactureAssembleShipBillCollect
Walk the cycle
The engine room

Invest it, transform it fast, prove it returns — and trust every number

The datacenter-led, energy-transition shift only works if the transformation moves fast and the thesis is provable — and only matters if the numbers tie out. A standing reconciliation harness proves each metric equals the sum of its parts.

What it compounds into

The same governed data, the same decisions — a better business

€9.5 bn
Revenue
Wiring Devices & Controls · Energy Distribution & Cable Management · Building & Connected Systems (Eliot) · Datacenter & Power Infrastructure
€2.0 bn
Adj op profit
20.7% margin
€1.3 bn
Free cash flow
funds M&A & dividends
€1.4 bn
Software & services
15% of revenue
1.9×
Net leverage
investment-grade at ~1.9×
📖
See it all come together
Read the Legrand story, end to end

The full operating narrative — markets and channels, wiring and datacenter power, connected products and software, M&A, the financials and the datacenter tailwind — as one continuous scroll.

The Legrand Story

See it as you

Pick a leader and walk their journey, ask the cockpit a question, or look under the hood.