Legrand tops CAC 40 on FY results beat

Legrand SA

13/02/2025 08:25

** Shares in Legrand  LEGD.PA  jump around 8% to their
highest since November after the group reported full-year
results above consensus and announced 2025 guidance
    ** FY sales came in at 8.65 billion euros vs an estimate of
8.54 billion euros; the company guided for full-year 2025
organic sales growth of 6% to 10%
        ** RBC analysts describe the results as "positive",
while 2025 guidance as "supportive"
  
    ** J.P.Morgan notes the strong sales performance was led by
datacenters
    ** Stock tops France's CAC 40  .FCHI  blue-chip index; if
gains hold it will see its best day since March 2020



 (Reporting by Anna Peverieri)
 ((Anna.peverieri@thomsonreuters.com))