Legrand reviews

Thank you for recognizing our amazing growth trajectory, global presence, wide project range and tremendous number of open-posted roles. We pride ourselves on profitable growth and on driving increased revenue while remaining strong stewards of our impressive margins. Our policy is for all vendor terms to be negotiated by Sourcing and to be at market terms. Vendor terms are negotiated by each vendor. Terms and cost reductions are dictated by the market. We strive to maintain market position and stay competitive for our customers. We continue to be the market leading Innovator in our categories by investing in R&D and Marketing. R&D has increased 30% over the past two years. We have launched a number of innovative new products, IoT, R&D initiatives, and have a number of new product launches that are expected in 2017 and beyond. The growth in R&D spend has been above our sales growth as we have reinvested in R&D above our sales growth. Overall our R&D investment has increased above market and other spend areas. Thanks again for your review and we wish you all the continued success in the world at Legrand!