What are Mission Vision & Core Values of Legrand Company?

The Legrand company places its customers at the heart of its mission. This focus is evident in its commitment to enhancing the environments where people spend their time, be it homes, offices, or data centers. This customer-centric approach drives the development of solutions that are not only functional but also improve the quality of life.

Legrand's mission highlights its core offering: electrical and digital building infrastructures and connected solutions. This encompasses a wide range of products and services, from wiring devices and cable management to building automation systems and data center solutions. The company's expertise in these areas allows it to provide comprehensive solutions for various building types.

The mission emphasizes three key value propositions: simplicity, innovation, and sustainability. Legrand strives to create solutions that are easy to install, use, and maintain, while also incorporating cutting-edge technologies. Furthermore, the company is committed to sustainable practices, as demonstrated by its eco-responsible product offerings.

Legrand's mission is strongly reflected in its focus on energy efficiency solutions. These solutions help customers reduce their environmental impact and operational costs. In 2024, eco-responsible offers generated a substantial 78% of the company's sales, illustrating the importance of sustainability in its business model.

The strong growth in Legrand's data center business, which accounted for 20% of sales in 2024, showcases its dedication to providing essential digital infrastructure. This commitment aligns with the mission of improving lives by supporting the digital transformation of various sectors.

The Legrand strategy is clearly aligned with its mission. The company's investments in innovation, its focus on sustainable products, and its expansion into the data center market are all direct implementations of its core values. For a deeper dive into Legrand's business model and revenue streams, consider reading about the Revenue Streams & Business Model of Legrand.

The core of Legrand's vision is encapsulated in its purpose: "Improving lives in order to support a rapidly changing world." This statement highlights Legrand's commitment to adapting to societal and technological shifts, particularly in the realms of energy and digital advancements. This purpose acts as a foundational element for their strategic planning and future endeavors.

Legrand has set ambitious goals for 2030, including accelerating growth and generating 80% of its sales from eco-responsible products. These targets showcase Legrand's commitment to sustainability and its proactive approach to the evolving demands of the market. These goals are integral to understanding Legrand's vision.

The scope of Legrand's vision is undeniably global. The company aims to achieve between €12 billion and €15 billion in revenue by 2030. Furthermore, Legrand is strategically focused on achieving market leadership, particularly in high-growth sectors such as data centers. This global perspective is crucial for understanding Legrand's vision for the future.

Based on Legrand's 2024 performance, with sales of €8.6 billion, and a strategic roadmap centered on innovation and acquisitions, the company's vision appears ambitious yet achievable. The strong financial results, including a 20.5% adjusted operating margin, support their capacity to pursue these goals. This data-driven approach is a key aspect of Legrand's vision.

Legrand's vision is underpinned by strategic pillars such as innovation and acquisitions. These approaches allow the company to adapt to the evolving market landscape and expand its product offerings. By focusing on these key areas, Legrand is well-positioned to realize its vision of sustained growth and market leadership.

A critical component of Legrand's vision is its dedication to sustainability. The goal of generating 80% of sales from eco-responsible products by 2030 demonstrates the company's commitment to environmental stewardship. This focus is not only a response to market demands but also a reflection of Legrand's core values.

The expansion into data centers, a significant part of Legrand's sales, exemplifies its vision for the future. This strategic move aligns with the growing demand for digital infrastructure and the company's commitment to providing cutting-edge solutions. This sector now represents a considerable portion of their revenue stream.

Legrand's active acquisition policy, with nine deals announced in the past year, is a direct result of its growth strategy. These acquisitions are carefully chosen to complement its existing portfolio and expand its market presence, reinforcing its commitment to its Legrand mission and vision. This approach has helped to bolster the company's market share.

The launch of its sixth CSR roadmap for 2025-2027 demonstrates Legrand's commitment to responsible development. Integrating CSR as a competitive advantage reflects the company's core values and its vision for long-term sustainability. This commitment is not just about compliance; it's a strategic imperative.

The financial results for 2024, including a 3.9% sales growth and a 20.5% adjusted operating margin, are a testament to the successful execution of its strategy. These figures demonstrate how Legrand's mission, vision, and values translate into tangible business outcomes. The company's performance is a direct result of its strategic alignment.

Benoît Coquart, Legrand's CEO, emphasizes the methodical execution of the strategic roadmap. This focus on disciplined implementation is key to achieving accelerated sales growth and earnings that exceed industry standards. The leadership's commitment to the Legrand strategy is paramount.

Legrand's commitment to innovation and sustainability is evident in its product development and operational practices. The company continuously seeks to improve energy efficiency and reduce its environmental footprint, aligning with its vision for a sustainable future. The company's focus on Brief History of Legrand is also a key factor.

Leadership plays a critical role in reinforcing the Legrand values and ensuring their integration into the company's strategy. The CEO and other top executives actively communicate the strategic roadmap and emphasize the importance of CSR as an integral part of the company's performance.

Legrand communicates its mission, vision, and values through various channels to ensure widespread awareness. These channels include the company website, annual reports, and events such as the CSR Capital Markets Day, which provides a platform to share progress and future plans.

Legrand demonstrates its commitment to its stated values through concrete actions. Investments in renewable energy and efforts to reduce plastic packaging are clear examples of how the Legrand company translates its words into deeds. For example, Legrand invested €100 million in energy efficiency projects in 2023.

Formal programs and systems are in place to ensure that employees understand and adhere to ethical standards and business practices aligned with the Legrand core values examples. These include a comprehensive compliance program and various training initiatives. Legrand's compliance program covers areas such as anti-corruption, data privacy, and fair competition.

The customer experience program exemplifies how Legrand puts its values into practice. This program includes actively listening to customer feedback and aligning employees around customer centricity. Legrand aims to achieve a customer satisfaction score of 80% or higher by 2026. The company's focus on customer experience is a key differentiator, as highlighted in the Competitors Landscape of Legrand.