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ConfirmedMarkets & deals05 Nov, 06:30 UTC

Legrand raises 2026 targets as data-centre sales grow close to 40% organically

Nine-month sales rose 19.5% to €8.33bn, or 22% excluding currency, with 12.7% organic growth; US sales, 44.7% of the group, rose 28.7%.

Read at Legrand (release on Yahoo Finance) Share

Why it matters

French electricals group Legrand raised its 2026 outlook after nine-month sales rose 19.5% to €8.33 billion, or 22% excluding currency, with 12.7% organic growth. Data-centre sales grew close to 40% organically as AI build-outs pulled more power and connectivity gear. The United States, 44.7% of group sales, rose 28.7%. The print is another listed-company confirmation that AI infrastructure demand is flowing into electrical and cabling suppliers, not only chip and server makers. Watch full-year guidance delivery and US data-centre order trends.

Key facts

  • Nine-month sales €8.33bn, +19.5%
  • Organic growth 12.7%
  • Data-centre sales near +40% organic
  • US is 44.7% of sales, +28.7%
  • 2026 targets raised

Sources

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