Legrand's Growth Could Peak Next Year -- Market Talk

Dow Jones

03-26

1225 GMT - Legrand's growth could peak in 2026 as data centers move to optimization from 2027 and 2028, UBS Global Research analysts Jonathan Day and Puneet Garg say in a research note. The French electrical and digital building-infrastructure manufacturer's revenue growth could peak at 9.4% next year according to a revenue-growth scenario to 2030 by product category--data centers, energy transition, essential infrastructure, and digital lifestyle, the analysts say. This year's growth is supported by a healthy order book, they add. Shares trade 0.14% lower at 103.80 euros.(nina.kienle@wsj.com)

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March 26, 2025 08:25 ET (12:25 GMT)

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