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Legrand raises mid-term targets on data centre growth

Summary by WTVB
By Mathias de Rozario and Rihab Latrache Sept 28 (Reuters) - French electrical and digital building infrastructure group Legrand raised its medium-term targets on Monday, driven by a stronger-than-expected growth in ​its data centre business. Legrand, ...

11 Articles

Capital.frCapital.fr
Lean Right

Legrand, Led by the AI, Is Looking Upwards at Its 2030 Targets, the Action Is Taking Off!

Legrand raises all its financial targets for 2030, driven by the rise of data centres and the energy transition. An announcement welcomed by the markets: the action of the manufacturer of electrical equipment won nearly 7% on Tuesday 29 September at around 11.50 a.m.

·Gennevilliers, France
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ReutersReuters
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Legrand raises mid-term targets on data centre growth

French electrical and digital building infrastructure group Legrand raised its medium-term targets on Monday, driven by a stronger-than-expected ​growth in its data centre business.

·London, United Kingdom
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Mugglehead MagazineMugglehead Magazine

Legrand SA lifts organic growth target to 6%-8%

Legrand targets 6%-8% annual organic growth through 2030 and a 21%-22% operating margin, as 2026 data centre sales are forecast at €3.9 billion.

·Vancouver, Canada
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CFOtech AsiaCFOtech Asia
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IT Brief AsiaIT Brief Asia

Legrand lifts targets & maps data centre expansion

Its data centre unit is set to top €3 billion of sales in 2026 as Legrand raises 2030 growth and margin targets.

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tedmag.comtedmag.com

Legrand Lifts 2030 Targets on AI Data Center Demand – tEDmag

Data centers now represent 32% of Legrand’s sales as the company expands its growth and acquisition plans.

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BFM BourseBFM Bourse

Legrand: Elevation of the Portfolio, Acquisitions of Targeted shares... With the Data Centres as the Driving Force and Cardinal Axis of Its Development, Legrand Raises Its 2030 Forecasts and Jumps on the Stock Exchange

https://www.tradingsat.com/legrand-FR0010307819/actualites/legrand-elagage-du-portefeuille-repurchases-d-actions-targets-with-the-centres-de-données-as-motor-and-cardinal-de-son-development-legrand-reveve-ses-previsions-2030-et-bondit-en-bourse-1170922.html

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Reuters broke the news in London, United Kingdom on Monday, September 28, 2026.
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