Legrand SA

Legrand is hosting a Capital Markets Day in Singapore on September 29, 2026, where it will present a strategic plan it says is fully on track and upgraded 2030 sales and profitability ambitions driven by the energy and digital transition. Chief Executive Officer Benoît Coquart will present a global roadmap through 2030 built around three focus areas: data centers at 32% of sales, energy transition at 22% of sales, and essential infrastructures for buildings at 46% of sales. Legrand's data center business will reach more than €3 billion of sales in 2026, spanning critical power at 35% of sales, physical compute infrastructure at 25%, compute infrastructure monitoring, management and control at 25%, advanced cooling at 5%, and testing and lifecycle services at 10%, and the company will unveil its vision for the transition toward Low Voltage Direct Current architectures and a roadmap for next-generation AI data centers at gigawatt scale. Chief Financial Officer Franck Lemery will detail upgraded 2030 ambitions for 2027 to 2030, comprising organic sales growth with a CAGR of +6% to +8%, a yearly scope effect from acquisitions of around +5% on average, divestments of €0.5 billion to €1.0 billion of sales over the period, an adjusted operating margin of 21% to 22% of sales on average, and free cash flow of 13% to 15% of sales on average with cash conversion above 100%. Capital allocation will keep around 60% of free cash flow dedicated to acquisitions on average, a dividend policy of around 50% net income payout, selective share buybacks, and a leverage ratio target of 1.5x to 2.5x net debt to EBITDA. Legrand reported sales of €9.5 billion in 2025 and is listed on Euronext Paris as a component of the CAC 40, CAC 40 ESG and CAC Transition Climat indexes.

Legrand has published its consolidated financial statements for the first half of 2026, available now on its website. The company also announced key upcoming financial dates, including a Capital Markets Day in Singapore on September 29, 2026, and its nine-month results on November 5, 2026. Legrand, a global specialist in electrical and digital building infrastructures, reported sales of €9.5 billion in 2025 and is listed on Euronext Paris as a component of the CAC 40 index.

Legrand has raised its full-year 2026 targets following a first half that delivered record sales growth of 17% excluding currency effects and an adjusted operating margin of 20.8%. The company now expects 2026 sales growth excluding currency effects of between 16% and 19%, up from a prior range of 10% to 15%, with organic growth of 8% to 10% and growth through acquisitions of around 8%. First-half sales reached €5,400.3 million, driven by a 9.8% organic increase and a 6.9% contribution from acquisitions, while net profit attributable to the Group rose 11.2% to €698.2 million. Seven acquisitions have been completed since the start of the year, all in energy and digital transition markets, adding approximately €450 million in annual revenue. The datacenter business, which now accounts for 32% of Group revenue, posted organic growth above 30%.