StocksMedium•28 September 2026•
1 min read
Legrand Raises Mid-Term Targets Driven by Data Centre Infrastructure Growth
Key Facts
1French group Legrand raised its medium-term financial targets driven by stronger-than-expected growth in its data centre business.
French group Legrand raised its medium-term financial targets driven by stronger-than-expected growth in its data centre business. Reuters reported that the company upgraded its outlook citing robust demand and expansion within the digital building infrastructure sector.
LGRDY closed at $30.92 on September 25, 2026, reaching a day high of $30.96 and a low of $30.48 during that session. The revision reflects the company's strategic positioning within the data centre infrastructure market, which continues to show resilient performance.