Limoges, April 4, 2019

Change in financial information by geographical region

As announced on February 14, 2019, starting January 1, 2019, the reporting of France, Italy and Rest of Europe countries were grouped under a Europe region. The Group is thus organizing its financial reporting in three regions, compared to a similar organization in five regions before, in line with its front office evolution.

This change in the geographical regions has no impact on consolidated Legrand financials.

The following historical data for sales, growth and profitability are provided on our website for Europe region:

1)Change in sales on afull-year basis over the period 2014-2018 by destination and by origin, including sales in €m, total change in sales, organic change in sales, scope of consolidation and exchange-rate effect

2)Quarterly change in sales over 2018 by destination and by origin, including sales in €m, total change in sales, organic change in sales, scope of consolidation andexchange-rate effect

3)Adjusted operating profit in €m and as % of sales before and after other operating income (expense) over the period2014-2018

4)Adjusted operating profit in €m and as % of sales before and after other operating income (expense) over Q1 2018, Q2 2018, H1 2018, Q3 2018, 9M 2018, Q4 2018 and FY 2018

All numbers in the tables provided are unaudited. North and Central America as well as Rest of the World regions remain unchanged.

1

1)Change in sales on afull-year basis over the period 2014-2018 by destination and by origin

Sales by destination(1)

Europe region

2014

2015

2016

2017

2018

Total sales in €m

2,199.2

2,188.0

2,239.0

2,351.1

2,466.3

% total change

-1.6%

-0.5%

2.3%

5.0%

4.9%

% organic change in sales

-1.0%

-0.1%

1.7%

4.3%

5.5%

% scope of consolidation

1.4%

0.9%

2.4%

1.3%

1.5%

% exchange-rate effect

-2.0%

-1.3%

-1.7%

-0.5%

-2.0%

(1)Market where sales are recorded

Sales by origin(2)

Europe region

2014

2015

2016

2017

2018

Total sales in €m

2,342.1

2,326.8

2,351.8

2,471.8

2,589.5

% total change

-1.4%

-0.7%

1.1%

5.1%

4.8%

% organic change in sales

-0.8%

-0.2%

0.5%

4.5%

5.8%

% scope of consolidation

1.3%

0.8%

2.3%

1.2%

1.0%

% exchange-rate effect

-1.9%

-1.3%

-1.7%

-0.6%

-1.9%

(2)Zone of origin of the product sold

2

2) Quarterly change in sales over 2018 by destination and by origin

Sales by destination(1)

Europe region

Q1

Q2

H1

Q3

9M

Q4

Full-Year

Total sales in €m

643.0

648.6

1,291.6

556.0

1,847.6

618.7

2,466.3

% total change

6.0%

6.2%

6.1%

3.0%

5.1%

4.2%

4.9%

% organic change in sales

6.2%

7.1%

6.7%

2.9%

5.5%

5.5%

5.5%

% scope of consolidation

1.6%

1.6%

1.6%

2.6%

1.9%

0.1%

1.5%

% exchange-rate effect

-1.8%

-2.5%

-2.1%

-2.4%

-2.2%

-1.4%

-2.0%

(1)Market where sales are recorded

Sales by origin(2)

Europe region

Q1

Q2

H1

Q3

9M

Q4

Full-Year

Total sales in €m

669.3

680.5

1,349.8

583.4

1,933.2

656.3

2,589.5

% total change

6.3%

5.8%

6.0%

2.7%

5.0%

4.0%

4.8%

% organic change in sales

6.8%

7.0%

6.9%

3.1%

5.7%

6.0%

5.8%

% scope of consolidation

1.2%

1.2%

1.2%

2.1%

1.5%

-0.5%

1.0%

% exchange-rate effect

-1.6%

-2.3%

-2.0%

-2.5%

-2.1%

-1.4%

-1.9%

(2)Zone of origin of the product sold

3

3)Adjusted operating profit in €m and as % of sales before and after other operating income (expense) over the period2014-2018

(in Euro millions)

2014

2015

2016

2017

2018

Net sales

2,342.1

2,326.8

2,351.8

2,471.8

2,589.5

Cost of sales

-1,027.2

-1,033.2

-1,025.9

-1,087.5

-1,137.1

Administrative and selling expenses, R&D costs

-764.5

-771.0

-767.4

-794.1

-822.8

Reversal of acquisition-related amortization, depreciation, expense and income accounted for in

-6.5

-10.1

-8.4

-8.3

-6.1

administrative, selling expenses and R&D costs

Adjusted operating profit(1)before other operating income (expense)

556.9

532.7

566.9

598.5

635.7

as % of sales

23.8%

22.9%

24.1%

24.2%

24.5%

Other operating income (expense)

-16.4

-28.2

-36.5

-41.8

-40.6

Reversal of acquisition-related amortization, depreciation, expense and income accounted for in

0.0

0.0

0.0

-0.7

-2.2

other operating income (expense)

Adjusted operating profit(1)

540.5

504.5

530.4

557.4

597.3

as % of sales

23.1%

21.7%

22.6%

22.6%

23.1%

(1)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, for impairment of goodwill.

4

4)Adjusted operating profit in €m and as % of sales before and after other operating income (expense) over Q1 2018, Q2 2018, H1 2018,

Q3 2018, 9M 2018, Q4 2018 and FY 2018

2018

Q1

Q2

H1

Q3

9M

Q4

Full-Year

(in Euro millions)

Net sales

669.3

680.5

1,349.8

583.4

1,933.2

656.3

2,589.5

Cost of sales

-285.3

-293.7

-579.0

-258.6

-837.6

-299.5

-1,137.1

Administrative and selling expenses, R&D costs

-219.4

-207.4

-426.8

-192.3

-619.1

-203.7

-822.8

Reversal of acquisition-related amortization, depreciation, expense and income accounted for in

-2.3

-0.6

-2.9

-1.8

-4.7

-1.4

-6.1

administrative, selling expenses and R&D costs

Adjusted operating profit(1)before other operating income (expense)

166.9

180.0

346.9

134.3

481.2

154.5

635.7

as % of sales

24.9%

26.5%

25.7%

23.0%

24.9%

23.5%

24.5%

Other operating income (expense)

-14.9

-2.6

-17.5

-13.1

-30.6

-10.0

-40.6

Reversal of acquisition-related amortization, depreciation, expense and income accounted for in

-2.2

0.0

-2.2

0.0

-2.2

0.0

-2.2

other operating income (expense)

Adjusted operating profit(1)

154.2

177.4

331.6

121.2

452.8

144.5

597.3

as % of sales

23.0%

26.1%

24.6%

20.8%

23.4%

22.0%

23.1%

(1)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, for impairment of goodwill.

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Legrand SA published this content on 04 April 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 April 2019 21:06:06 UTC