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Legrand: Unaudited Consolidated Financial Information as of September 30, 2025
LIMOGES, France, November 06, 2025--Regulatory News: Legrand (Paris:LR):

About this update from Legrand Sa
LIMOGES, France, November 06, 2025 --( BUSINESS WIRE )--Regulatory News: Legrand (Paris:LR): Consolidated statement of income Consolidated balance sheet ASSETS LIABILITIES Consolidated statement of cash flows * Of which €64.8 million corresponding to lease financial liabilities repayment for the 9 months ended September 30, 2025 (€58.3 million for the 9 months ended September 30, 2024). ** Interest paid is included in the net cash from operating activities; of which €11.5 million interest on lease financial liabilities for the 9 months ended September 30, 2025 (€8.4 million for the 9 months ended September 30, 2024). Notes to the consolidated financial statements KEY FIGURES NOTE 1 - INTRODUCTION NOTE 2 - SIGNFICANT TRANSACTIONS AND EVENTS FOR THE PERIOD NOTE 3 - CHANGES IN THE SCOPE OF CONSOLIDATION NOTE 4 - INVENTORIES NOTE 5 - TRADE RECEIVABLES NOTE 6 - SHARE CAPITAL NOTE 7 - LONG-TERM AND SHORT-TERM BORROWINGS NOTE 8 - SEGMENT INFORMATION NOTE 9 - SUBSEQUENT EVENTS KEY FIGURES (1) At 2024 scope of consolidation. Adjusted operating profit is defined as operating profit adjusted for amortization and depreciation of revaluation of assets at the time of acquisitions and for other P&L impacts relating to acquisitions, and, where applicable, impairment of goodwill . Free cash flow is defined as the sum of net cash from operating activities and net proceeds from sales of fixed and financial assets, less capital expenditure and capitalized development costs. Net financial debt is defined as the sum of short-term borrowings and long-term borrowings, less cash and cash equivalents and marketable securities. The reconciliation of consolidated key figures with the financial statements is available in the appendices to the first nine months 2025 results press release. NOTE 1 - INTRODUCTION This unaudited consolidated financial information is presented for the 9 months ended September 30, 2025. It does not include all the information required by International Financial Reporting Standards (IFRS) and it should be read in conjunction with consolidated financial statements for the year ended December 31, 2024 as established in the Universal Registration Document deposited under visa no D.25-0236 with the French Financial Markets Authority (AMF) on April 9, 2025. All the amounts are presented in millions of euros unless otherwise indicated. Some totals may include rounding differences. The unaudited consolidated financial statements have been prepared in accordance with the International Financial Reporting Standards (IFRS) and International Financial Reporting Interpretations Committee (IFRIC) interpretations adopted by the European Union and applicable or authorized for early adoption from January 1, 2025. The IFRS standards issued by the International Accounting Standards Board (IASB) that have not been adopted for use in the European Union are not applicable to the Group. NOTE 2 - SIGNFICANT TRANSACTIONS AND EVENTS FOR THE PERIOD None. NOTE 3 - CHANGES IN THE SCOPE OF CONSOLIDATION The contributions to the Group’s consolidated financial statements of companies acquired since the end of 2023 were as follows: During the first nine months of 2025, the main acquisitions were as follows: NOTE 4 - INVENTORIES Inventories are as follows: NOTE 5 - TRADE RECEIVABLES Trade receivables are as follows: NOTE 6 - SHARE CAPITAL Share capital as of September 30, 2025 amounted to €1,048,982,932 represented by 262,245,733 ordinary shares with a par value of €4 each, for 262,245,733 theoretical voting rights and 262,154,435 exercisable voting rights (after subtracting shares held in treasury by the Group as of this date). Changes in share capital in the first 9 months of 2025 were as follows: As of September 30, 2025, the Group held 91,298 shares in treasury, versus 114,876 shares as of December 31, 2024, i.e. 23,578 fewer shares corresponding to: NOTE 7 - LONG-TERM AND SHORT-TERM BORROWINGS 7.1 LONG-TERM BORROWINGS Long-term borrowings can be analyzed as follows: 7.2 SHORT-TERM BORROWINGS Short-term borrowings can be analyzed as follows: NOTE 8 - SEGMENT INFORMATION In accordance with IFRS 8, operating segments are determined based on the reporting made available to the chief operating decision maker of the Group and to the Group's management. Given that Legrand’s activities are carried out locally, the Group is organized for management purposes by countries or groups of countries which have been allocated for internal reporting purposes into three operating segments: These three operating segments are under the responsibility of three segment managers who are directly accountable to the chief operating decision maker of the Group. NOTE 9 - SUBSEQUENT EVENTS Legrand announced the acquisition of Avtron Power Solutions 1 on October 2, 2025, for an enterprise value of $1.125 billion. Based in Cleveland, Ohio (USA), Avtron is a global leader in load banks 2 and power quality solutions for datacenters and other critical applications. The company is expected to generate nearly $350 million in revenue in 2025, with high profitability. Avtron employs 600 people and operates five manufacturing sites across North America and Europe. The Group achieved on October 7, 2025, the acquisition of all the shares of Cogelec Développement representing more than 60% of the share capital of Cogelec. A draft mandatory simplified tender offer was filed on October 15, 2025, to acquire the remaining shares of Cogelec that the Group does not indirectly hold. Cogelec is a company listed on Euronext Growth in Paris and specializing in access control in buildings, with revenue of €74 million in 2024. 1 Subject to customary closing conditions, including regulatory approvals 2 Load banks: equipment that simulates an electrical load to test the reliability of power supply systems View source version on businesswire.com: https://www.businesswire.com/news/home/20251105665221/en/ Contacts Legrand