France's Legrand shares rise as data centre demand prompts outlook hike
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jul 17 2025
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Source: Reuters
Legrand's Revenue Growth: Legrand's shares rose over 8% after the company raised its annual sales growth target to 10-12%, driven by strong demand in the North American data centre segment, with first-half sales reaching 4.77 billion euros.
Analysts' Insights: Analysts noted that Legrand's management is conservative and highlighted potential for further upside in data centre growth, indicating a pragmatic approach to quarterly performance expectations.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
