US EditionLegrand bets on data centre growth, lifts profit targets
Legrand expects data centres to grow from 26% to 40% of revenue by 2030 and targets operating margins above 20%, driven by AI demand and recent acquisitions.
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4 Articles
Legrand bets on data centre growth, lifts profit targets
French electrical and digital building infrastructure group Legrand on Thursday said strong data centre demand was helping its expansion, supporting a slight increase in its medium-term profitability targets.Read MoreThe post Legrand bets on data centre growth, lifts profit targets first appeared on The Who Dat Daily.The post Legrand bets on data centre growth, lifts profit targets appeared first on The Who Dat Daily.
The group aims at organic growth of between 4% and 7% this year and continues its active procurement policy, in particular to strengthen itself in the data centre-carrying sector.
All sails outside in 2025, Legrand keeps heading in 2026 Admin FCE 12 Feb 2026 - 07:35 Legrand continued on its launch in 2025, with a net profit that increased from 6.7% to 1.2 billion euros thanks to the dynamism of the data centres, which it placed at the heart of its growth strategy, and to the acquisitions, announced the specialist of electrical equipment on Thursday.The manufacturer of French electrical equipment and equipment published a …
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