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Legrand: 2026 Capital Markets Day. Strategic plan fully on track Data center roadmap unveiled, leveraging Legrand's unique positioning and portfolio 2030 sales and profitability ambitions upgraded driven by energy & digital transition LIMOGES, France-(BUSINESS WIRE)-Regulatory News: Legrand (Paris:LR) is hosting a Capital Markets Day in Singapore alongside Data Centre World Asia on September 29, 2026, webcast live. The event includes a complete presentation of Legrand's roadmap and upgraded 2030 ambitions, with a specific focus on its data center strategy and technology offering. I. Legrand's strategic roadmap Benoît Coquart, Chief Executive Officer, will present how Legrand has exceeded the commitments presented at its 2024 Capital Markets Day in terms of growth and profitability, as well as Legrand's global strategic roadmap through 2030, designed around three focus areas: data centers (32% of sales[1]), energy transition - the second growth pillar of the Group directly tied to electrification - (22% of sales[1]) and essential infrastructures for buildings (46% of sales[2]). This roadmap is built around a large addressable market, strong leadership positions and favorable megatrends - including digitalization and the rapid expansion of AI-driven data centers, electrification and structural needs in buildings - while leveraging the Group's unique growth engines: innovation, customer experience, pricing, and disciplined acquisitions. II. Data center strategy and roadmap Legrand has substantially strengthened its data center position, which will reach more than €3 billion of sales in 2026, supported by strong organic growth, targeted acquisitions and one of the industry's most comprehensive offerings, covering[3] critical power (35% of sales), physical compute infrastructure (25%), compute infrastructure monitoring, management and control (25%), advanced cooling (5%) and testing and lifecycle services (10%). | [1] Based on H1 2026 sales split | | [2] Based on H1 2026 sales split - Including digital lifestyles | | [3] Based on FY 2025 sales split | The presentations will highlight the structural transformation of the data center market, driven by AI workloads, rising rack densities, accelerated time to operations, new power architectures, and will show how Legrand's open architecture philosophy, integration expertise, specialist solutions and global delivery scale address customers' most critical needs. Legrand will in particular unveil its vision for the transition toward Low Voltage Direct Current (LVDC) architectures, and its comprehensive roadmap designed to enable the next generation of AI data centers at gigawatt scale. The agenda will include: * a data center strategy presentation by Brian DiBella, President and Chief Executive Officer of Legrand North & Central America, focused on market trends, customer needs and Legrand's growth opportunities, * a technology keynote by Blandine Antoine, Executive Vice President Products and Technology, and Rebecca Gilstrap, Data Center Strategy and Products Senior Director, showcasing Legrand's differentiated solutions from chip to grid, and unveiling numerous new benchmark offerings to be launched in the coming quarters, * a Malaysia business case by Achraf Hegazy, Chief Executive Officer of Malaysia and Jason Lim, Co-Managing Director of Linkk Busway Systems, illustrating Legrand's ability to build a strong regional data center platform in a very fast-growing geography, combining local manufacturing, engineering expertise, project execution and recent acquisitions. III. Upgraded 2030 ambitions[1] Franck Lemery, Chief Financial Officer, will then detail Legrand's upgraded 2030 ambitions, comprising, over 2027-2030: * Organic sales growth with a CAGR of +6% to +8% complemented by a yearly scope effect from acquisitions of around +5% on average, and divestments over the period representing €0.5 billion to €1.0 billion of sales, * Adjusted operating margin of 21% to 22% of sales on average, after acquisitions and including restructuring expenses, * Free cash flow of 13% to 15% of sales on average, with cash conversion above 100%, on average, * Capital allocation will remain disciplined, with around 60% of free cash flow dedicated to acquisitions on average, an attractive dividend policy of around 50% net income payout, and selective share buybacks. The Group will target a leverage ratio of 1.5x to 2.5x net debt to EBITDA, consistent with its value-creating growth strategy and financial discipline. A link to the webcast can be found on Legrand's website at Capital Markets Day 2026 - Legrand (www.legrand.com), where all presented documents will be available after the end of the event. | [1] Assuming no major macroeconomic disruption | | KEY FINANCIAL DATES | / | / | | * 2026 nine-month results "Quiet period[1] " starts | / |: November 5, 2026 : October 6, 2026 | | * 2026 annual results "Quiet period[1] " starts | / |: February 10, 2027 : January 11, 2027 | ABOUT LEGRAND Legrand is the global specialist in electrical and digital building infrastructures. Its comprehensive offering of solutions for residential, commercial, and data center markets makes it a benchmark for customers worldwide. The Group harnesses technological and societal trends with lasting impacts on buildings with the purpose of improving life by transforming the spaces where people live, work and meet with electrical, digital infrastructures and connected solutions that are simple, innovative and sustainable. Drawing on an approach that involves all teams and stakeholders, Legrand is pursuing a strategy of profitable and responsible growth driven by acquisitions and innovation, with a steady flow of new offerings that include products with enhanced value in use. Legrand reported sales of €9.5 billion in 2025. The company is listed on Euronext Paris and is a component stock of the CAC 40, CAC 40 ESG and CAC Transition Climat indexes (code ISIN FR0010307819). Disclaimer This press release may contain forward-looking statements, relating to Legrand's financial situation as well as certain sustainability issues relevant to its activities, which are not historical data. Although Legrand considers these statements to be based on reasonable hypothesis and assumptions at the time of publication of this document, they are subject to various risks and uncertainties that could cause actual results to differ from those expressed or implied herein. Details on risks are provided in the most recent version of Legrand Universal Registration Document filed with the Autorité des marchés financiers (French Financial Markets Authority, AMF), which is available on-line on the websites of both AMF (www.amf-france.org) and Legrand (www.legrand.com). Investors and holders of Legrand securities are reminded that no forward-looking statement contained in this press release is or should be construed as a promise or a guarantee of actual results by Legrand or anyone else which are liable to differ significantly. Therefore, such statements should be used with caution taking into account their inherent uncertainty. The forward-looking statements contained in this press release are only valid on the date of its publication. Subject to applicable regulations. Legrand does not undertake to update these statements to reflect events, information or circumstances occurring after the date of publication of this release. This press release does not constitute an offer to sell or a solicitation of an offer to buy Legrand securities in any jurisdiction. | [1] Period of time when all communication is suspended in the run-up to publication of results | INVESTOR RELATIONS & FINANCIAL COMMUNICATION Ronan MARC (Legrand) +33 1 49 72 53 53 [email protected] Contact Subcablenews Ltd. Subcablenews Ltd. Phone: +44 1954 250 479
2026 Capital Markets Day. Strategic plan fully on track Data center roadmap unveiled, leveraging Legrand's unique positioning and portfolio 2030 sales and profitability ambitions upgraded driven by energy & digital transition Legrand is hosting a Capital Markets Day in Singapore alongside Data Centre World Asia on September 29, 2026, webcast live. The event includes a complete presentation of Legrand's roadmap and upgraded 2030 ambitions, with a specific focus on its data center strategy and technology offering. I. Legrand's strategic roadmap Benoît Coquart, Chief Executive Officer, will present how Legrand has exceeded the commitments presented at its 2024 Capital Markets Day in terms of growth and profitability, as well as Legrand's global strategic roadmap through 2030, designed around three focus areas: data centers (32% of sales[1]), energy transition - the second growth pillar of the Group directly tied to electrification - (22% of sales[1]) and essential infrastructures for buildings (46% of sales[2] ). This roadmap is built around a large addressable market, strong leadership positions and favorable megatrends - including digitalization and the rapid expansion of AI-driven data centers, electrification and structural needs in buildings - while leveraging the Group's unique growth engines: innovation, customer experience, pricing, and disciplined acquisitions. II. Data center strategy and roadmap Legrand has substantially strengthened its data center position, which will reach more than €3 billion of sales in 2026, supported by strong organic growth, targeted acquisitions and one of the industry's most comprehensive offerings, covering[3] critical power (35% of sales), physical compute infrastructure (25%), compute infrastructure monitoring, management and control (25%), advanced cooling (5%) and testing and lifecycle services (10%). The presentations will highlight the structural transformation of the data center market, driven by AI workloads, rising rack densities, accelerated time to operations, new power architectures, and will show how Legrand's open architecture philosophy, integration expertise, specialist solutions and global delivery scale address customers' most critical needs. Legrand will in particular unveil its vision for the transition toward Low Voltage Direct Current (LVDC) architectures, and its comprehensive roadmap designed to enable the next generation of AI data centers at gigawatt scale. The agenda will include: * a data center strategy presentation by Brian DiBella, President and Chief Executive Officer of Legrand North & Central America, focused on market trends, customer needs and Legrand's growth opportunities, * a technology keynote by Blandine Antoine, Executive Vice President Products and Technology, and Rebecca Gilstrap, Data Center Strategy and Products Senior Director, showcasing Legrand's differentiated solutions from chip to grid, and unveiling numerous new benchmark offerings to be launched in the coming quarters, * a Malaysia business case by Achraf Hegazy, Chief Executive Officer of Malaysia and Jason Lim, Co-Managing Director of Linkk Busway Systems, illustrating Legrand's ability to build a strong regional data center platform in a very fast-growing geography, combining local manufacturing, engineering expertise, project execution and recent acquisitions. III. Upgraded 2030 ambitions[4] Franck Lemery, Chief Financial Officer, will then detail Legrand's upgraded 2030 ambitions, comprising, over 2027-2030: * Organic sales growth with a CAGR of +6% to +8% complemented by a yearly scope effect from acquisitions of around +5% on average, and divestments over the period representing €0.5 billion to €1.0 billion of sales, * Adjusted operating margin of 21% to 22% of sales on average, after acquisitions and including restructuring expenses, * Free cash flow of 13% to 15% of sales on average, with cash conversion above 100%, on average, * Capital allocation will remain disciplined, with around 60% of free cash flow dedicated to acquisitions on average, an attractive dividend policy of around 50% net income payout, and selective share buybacks. The Group will target a leverage ratio of 1.5x to 2.5x net debt to EBITDA, consistent with its value-creating growth strategy and financial discipline. [1] Based on H1 2026 sales split [2] Based on H1 2026 sales split - Including digital lifestyles [3] Based on FY 2025 sales split [4] Assuming no major macroeconomic disruption
Schneider to launch €1.2 billion takeover bid for smart device firm Shelly. September 24, 2026 @ 12:12am FRANCE: France's Schneider Electric said on Thursday it intended to launch a voluntary public takeover offer for Bulgarian smart-home device maker Shelly Group for €70 per share. The all-cash offer values Shelly at about €1.2 billion (US$1.4 billion) and is expected to close by the first quarter of 2027, Schneider said in a statement. The offer price represents a 27 per cent premium to Shelly's unaffected reference price as of July 28, and is 22 per cent above its current reference price. Shelly's two founders, Dimitar Dimitrov and Svetlin Todorov, hold roughly 57 per cent of the share capital between them. Both have conditionally agreed to sell. The deal would push Schneider deeper into the connected home market, where it competes with French rival Legrand, Sweden's Plejd and Switzerland's ABB.
Deutsche Bank. SERVICES USED Project overview The Cabling Group was appointed to deliver a comprehensive structured cabling solution for Deutsche Bank's new London head office located at 21 Moorfields. * Over 30,000 SYSTIMAX Cat6A F/UTP cables * Cabinets and frames across 26 communications rooms over 10 floors * 2 TERs with 16 cabinets * Single-mode and multi-mode SYSTIMAX fibre links to 26 communications rooms * Fibre for satellite system * Fibre and copper links to DAS system * DAS solution throughout the building * Cabling for internal and external security cameras * Two networks: Corporate and BMN The Cabling Group partnered with Datwyler, Legrand and APC on the project. The Cabling Group delivered a comprehensive structured cabling solution for Deutsche Bank's 568,500 sq ft, 16-storey headquarters above Moorgate Station. The infrastructure supports trading floors, office spaces, high-frequency trading, data management and communications across the building. The project required resilient, business-critical connectivity within a complex 16-storey development constructed above an operational station. The infrastructure also needed to support demanding trading, data and communications environments alongside security and building systems. The cabling group installed. An extensive copper and fibre infrastructure across 26 communications rooms, complemented by DAS, satellite, security and dual-network cabling. The resulting solution provides resilient connectivity and the capacity required for Deutsche Bank's critical operations.
Legrand's InfoComm strategy starts with the room, not the product. August 31, 2026 A conference room doesn't care which company made the mount. A professor doesn't want to think about camera framing while teaching. And the people walking into a retail or government space certainly aren't wondering which cable is carrying the signal. They just expect the room to work. That expectation was at the center of Legrand's presence at InfoComm 2026. Under the theme "Where Solutions Live," the company demonstrated how technologies spanning cabling, mounting, acoustics, conferencing, and display infrastructure can work together across classrooms, conference rooms, retail spaces, and government facilities. The bigger message wasn't about adding another product to the AV stack. It was about changing where the design conversation begins. Watch the conversation here. What does it actually take to make a room work? Legrand occupies an interesting position in Pro AV because many of its technologies sit behind the experience users actually notice. The display may command attention, and the camera may get credit for a better meeting, but there are plenty of components underneath that experience making everything possible. Kevin Olson of Legrand described that role this way: "We're a lot of the glue that makes a room work. And so we've looked at classrooms and commercial retail, Fed Gov, and conferencing, and all the products that we put into those rooms to make the rooms work and function for the teams that use them every day." That perspective changes the discussion from What product should AVNation Media, Inc. buy? to What does this room need to accomplish? It's an important distinction for end users. AV environments increasingly combine products and infrastructure that may traditionally have been considered separately: cameras, displays, mounts, cabling, acoustics, and control. Users experience all of those components as one room, so designing them independently can create problems that become obvious only after installation. Customers aren't shopping for boxes The second point Olson made may be even more important for integrators and manufacturers. Organizations generally aren't setting out to buy a mount, acoustic treatment, or cable because those products are exciting on their own. They're trying to create a classroom where remote students can follow the instructor, a conference room where meetings feel natural, or a retail environment where digital content works reliably. Olson said Legrand has adjusted how it approaches those conversations accordingly. "We've made a little shift of talking about products to, again, customers don't think about product, they think of how they're going to use it. And we've kind of talked about everything that goes into making those rooms work and be functional every day, everything from the cables to acoustics to mounts and everything in between." That shift sounds simple, but it addresses a persistent AV challenge. A room can contain excellent individual products and still deliver a poor experience if those products weren't selected and designed around how people actually use the space. Acoustics make their point on a noisy show floor One of the less obvious technologies Legrand demonstrated at InfoComm was acoustic treatment. The company created a quiet area inside its booth using wall and ceiling treatments. On a busy trade show floor, where controlling background noise is difficult, the demonstration gave visitors a direct way to experience what those products can do. It also reinforced Legrand's room-first argument. Acoustics aren't necessarily the first item buyers think about when planning a new collaboration space. Cameras, microphones, displays, and conferencing platforms tend to attract more attention. But poor room acoustics can undermine those investments quickly. A better microphone can help capture speech, but it cannot completely fix a room that was never designed with intelligibility in mind. Treating acoustics as part of the initial room design rather than an afterthought can change the performance of everything else installed there. Vaddio Speaker View takes camera operation off the user's plate Legrand also highlighted Vaddio Speaker View, designed to add automated active-speaker framing to classrooms and conference rooms. The value proposition here isn't simply better camera technology. It's reducing how much people have to manage while using the room. In a classroom, an instructor should be able to teach rather than worry about whether remote students can see whoever is speaking. In a meeting, participants should be focused on the discussion instead of adjusting cameras. Olson said Speaker View has been gaining traction for exactly those classroom and conference-room applications. That fits neatly into the broader trend toward AV systems that handle more of the experience automatically. The less users have to operate, troubleshoot, or even notice the technology, the closer the room gets to simply doing its job. Direct-view LED creates challenges beyond the display Legrand also showcased its mounting systems for direct-view LED, including a credenza-based system that supports the LED structure through the floor. Olson pointed to the system as another area generating interest at InfoComm. That's increasingly relevant as direct-view LED moves into more corporate and commercial environments. Selecting the display is only part of that decision. Organizations also have to consider structural support, mounting, installation, serviceability, cable management, and how the display fits physically into the room. In other words, the impressive part may be the LED wall everyone sees, but making it practical requires plenty of technology nobody sees. The room is the product users actually experience That may ultimately be the strongest takeaway from Legrand at InfoComm 2026. End users rarely experience AV as a collection of individual components. They experience a classroom, conference room, retail space, or government facility, and decide very quickly whether that space works. For AV teams, that makes the design question bigger than choosing the best camera, display, mount, or microphone individually. It means understanding how the pieces interact and, more importantly, whether they support what people actually need to do in the room. Legrand may describe itself as the "glue" holding those pieces together. But the more interesting idea is what happens when AV buyers stop starting with the equipment list altogether. Start with what the room needs to do. Then figure out what technology deserves to be in it.