Legrand: new targets for Eliot program

(CercleFinance.com) - At its 2019 CMD, Legrand has set new targets for its Eliot program, including double-digit average annual organic sales growth in connected product sales between 2018 and 2022.


The specialist in electrical and digital infrastructures for buildings also expects sales of connected products to exceed one billion euros in 2022, excluding acquisitions and FX factors.

Between 2014 and 2018, Legrand reported 28% growth p.a. in connected products, while doubling its number of connected product categories to over 402 by the end of 2018, hence reaching the targets that it set two years ahead of schedule.


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