LEGRAND / 2018 Registration document

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CONSOLIDATED FINANCIAL INFORMATION CONCERNING THE GROUP’S ASSETS, LIABILITIES, FINANCIAL POSITION AND RESULTS

CONSOLIDATED FINANCIAL STATEMENTS IN ACCORDANCE WITH IFRS FOR THE YEARS ENDED DECEMBER 31, 2018 AND DECEMBER 31, 2017

2018

March 31

June 30

September 30

December 31

Full consolidation method OCL

3 months’ profit

6 months’ profit

9 months’ profit

12 months’ profit

AFCO Systems

3 months’ profit

6 months’ profit

9 months’ profit

12 months’ profit

Finelite

3 months’ profit

6 months’ profit

9 months’ profit

12 months’ profit

Milestone

3 months’ profit

6 months’ profit

9 months’ profit

12 months’ profit

Server Technology

3 months’ profit

6 months’ profit

9 months’ profit

12 months’ profit

Modulan

Balance sheet only

Balance sheet only

6 months’ profit

9 months’ profit

GemNet

Balance sheet only

Balance sheet only

7 months’ profit

Shenzen Clever Electronic

Balance sheet only

6 months’ profit

Debflex

Balance sheet only

Netatmo

Balance sheet only

Kenall

Balance sheet only

Trical

Balance sheet only

Equity method Borri

3 months’ profit

6 months’ profit

9 months’ profit

12 months’ profit

The main acquisitions carried out in 2018 were as follows: W the Group acquired a majority stake in Modulan, specialized in custom-made cabinet systems for data centers in Germany. Modulan reports annual sales of about €8 million; W the Group acquired GemNet, a UPS specialist in United Arab Emirates. GemNet reports annual sales of approximately €4 million; W the Group acquired Shenzhen Clever Electronic, a Chinese leader in intelligent PDUs for data centers. Shenzhen Clever Electronic reports annual sales of around €24 million; W the Group acquired a majority stake in Debflex, a French frontrunner in electrical equipment for DIY activities. Debflex reports annual sales of approximately €35 million; W the Group acquired Netatmo, a French leading smart home company. Legrand has been a minority shareholder of Netatmo since 2015. Netatmo reports annual sales of around €51 million; W the Group acquired Kenall, an American leader in lighting solutions for specific applications and critical non-residential environments

(public buildings and infrastructures). Kenall reports annual sales of around $100 million; and W the Group acquired Trical, a New Zealander front-runner in electrical and digital enclosures and switchboards for residential and commercial buildings. Trical reports annual sales of nearly €6 million. In all, acquisitions of subsidiaries (net of cash acquired) came to a total of €394.4 million in 2018 ( plus €39.9 million for acquisitions of ownership interests without gain of control), versus €1,638.0 million in 2017 (plus €0.6 million for acquisitions of ownership interests without gain of control).

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LEGRAND

REGISTRATION DOCUMENT 2018