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Legrand boosts data center revenue growth guidance to 30% amid strong M&A strategy.

Company Fundamentals
02 Oct 2026
Seeking Alpha
View Source
Bullish
Legrand boosts data center revenue growth guidance to 30% amid strong M&A strategy.

Legrand SA is capitalizing on the data center boom with 32% of its revenue tied to this sector and a strong product offering for critical power needs. The company has upgraded its data center revenue growth guidance from around 20% to nearly 30%, driven by aggressive mergers and acquisitions that position it well for sustained growth. While overall sales trends are improving, profit growth is limited due to negative scope mix effects. Currency fluctuations, especially a weakening USD, also influence valuation and growth outlook. Despite some risks, Legrand's strategic moves suggest a positive outlook in the expanding data center market.

Legrand's recent guidance upgrade is presented here with Industrials sector data from Pluang as of Oct 02, 2026 14:41 WIB. Among 93 priced Industrials stocks, 78 rose and 12 fell. Notable movers include CHRW at USD 153.70 with a 3.88% increase and 100% buy order activity, ENVX at USD 2.80 down 3.45% with 89% buy orders, and HUBB at USD 467.71 up 3.11% but with 100% sell orders. The most notable figure is the 78 stocks that rose today.

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