Legrand jumps to record high on data-centre driven Q1 beat

Legrand SA

07/05/2026 08:30

** Shares in Legrand LEGD.PA rise over 4% to a new record high after the French electrical and digital building infrastructure group beat first-quarter forecasts

** Adjusted operating profit in the period grew 11.5% to 524.7 million euros, topping a company-provided consensus of 519 million euros

** "Q1 organic sales growth landed comfortably above consensus at 9.3% thanks to the US growing 29.1%, driven by Data Center," J.P.Morgan says

** The company also confirmed its 2026 outlook, saying they saw no significant impact from the conflict in the Middle East

** Stock up 31% YTD

 (Reporting by Mathias de Rozario in Gdansk)

 ((mathias.derozario@thomsonreuters.com))