Legrand shares at record high after 'solid' Q2, another guidance hike

Legrand SA

31/07/2025 09:01

** Shares in electrical equipment manufacturer Legrand LEGD.PA rise 4% after another FY outlook hike

** Legrand lifts its FY operating margin outlook to 20.5-21.0%, with sales growth of 10-12%

** TP ICAP Midcap says Q2 earnings are "solid", with Q2 sales at 2.50 billion euros ($2.86 billion) significantly exceeding expectations

** Legrand currently trades at its highest price ever, having gained almost 36% YTD up until the previous session's close

** The stock is among the top performers among France's blue-chips .FCHI

($1 = 0.8739 euros)

 (Reporting by Piotr Lipinski)

 ((piotr.lipinski@tr.com))