{"url":"https://newsforagent.com/news/2026-11-05/legrand-raises-2026-sales-guidance","markdown_url":"https://newsforagent.com/news/2026-11-05/legrand-raises-2026-sales-guidance.md","title":"Legrand Lifts 2026 Sales Outlook as Data Centre Demand Grows","headline":"Legrand Raises 2026 Sales Growth Guidance to 20-22% on Data Centre Demand","description":"Legrand lifted its 2026 sales growth guidance to 20-22% as data centres drive revenue, with CEO Benoît Coquart flagging energy-efficient products.","section":"Earnings & Results","published_at":"2026-11-05T07:03:11+00:00","modified_at":"2026-11-05T07:03:11+00:00","author":"News Desk","key_takeaways":["Legrand raised its 2026 sales growth guidance to 20-22% excluding currency effects, its second increase this year.","First nine months sales reached EUR8.33 billion, up 12.7% organically, with data centre revenue growing nearly 40%.","CEO Benoît Coquart said 40% of Legrand's data centre turnover comes from products that help save energy."],"companies":[{"name":"Legrand","is_primary":true,"profile_url":"https://akta.pro/company-profiles/0000ay7/legrand","website":"https://www.legrand.com"}],"source":{"publisher":"MarketScreener","title":"US data-centre backlash could boost Legrand's energy-efficient offering, CEO says","url":"https://www.marketscreener.com/news/us-data-centre-backlash-could-boost-legrand-s-energy-efficient-offering-ceo-says-ce785fdcdb8afe21"},"other_sources":[],"tags":["Earnings & Results","Legrand"],"body_markdown":"[Legrand](https://akta.pro/company-profiles/0000ay7/legrand) raised its 2026 sales growth guidance to 20-22% excluding currency effects on November 5, its second increase this year, as data centre demand helped push first nine months revenue above market expectations. [MarketScreener](https://www.marketscreener.com/news/us-data-centre-backlash-could-boost-legrand-s-energy-efficient-offering-ceo-says-ce785fdcdb8afe21) reported the guidance change.\n\n## Legrand's Second Guidance Raise This Year\n\nLegrand is a French-listed manufacturer of electrical and digital building infrastructure, selling power distribution, connectivity, cooling and wiring products across data centre, commercial, industrial and residential markets in more than 90 countries. Data centres accounted for about a third of its turnover, according to the report.\n\nFirst nine months sales reached EUR8.33 billion, up 12.7% organically, with data centre revenue growing nearly 40%, MarketScreener reported. Chief Executive Benoît Coquart said the push for more energy-efficient data centres could benefit the company.\n\n\"I think these are entirely legitimate questions... it's actually quite positive for Legrand as a whole because, naturally, this should lead to solutions that are more energy-efficient, incorporate more recycled materials and utilise on-site power generation,\" Coquart said. He added that 40% of Legrand's turnover in the data centre sector comes from products that help save energy.\n\nCoquart said he does not expect a market decline, citing customer commitments to continue investing. \"What our customers are telling us is: We have invested heavily and we are continuing to invest because we believe in it, and we are more likely to increase than to reduce our investments,\" he said.\n\n## Legrand's Data Centre Revenue Base\n\nAccording to akta.pro [company records](https://akta.pro/company-data), Legrand reported 2025 revenue of €9.48 billion, a 9.6% increase, with data centre demand accounting for 26% of revenues. The same records show an adjusted operating margin of 20.7% in 2025 and free cash flow of €1.3 billion, equal to 14.0% of sales.\n\n## Acquisitions Behind the Data Centre Push\n\nLegrand announced dual acquisitions in April 2026 of Keydak, a China-based rack manufacturer with more than €60 million in revenue, and TES Group, a UK power distribution specialist with €85 million in revenue, extending its reach into APAC and reinforcing European data centre power distribution, according to akta.pro company records. In May 2026 it acquired SRS Power Engineering in Malaysia for low- and medium-voltage power protection, adding €90 million in revenue and APAC manufacturing capacity aligned with hyperscaler buildouts in Southeast Asia, the same records show.\n\n## Legrand's Next Data Centre Products\n\nIn June 2026, ZPE Systems, a Legrand brand, introduced the NVIDIA Jetson AI Expansion Card for its NSR platform, enabling customers to run edge AI inference directly on the device, according to akta.pro company records. Legrand launched the Starline T5 DoubleBar open-channel track busway on October 28, 2026, with two parallel T5 bars delivering up to 2000A, supporting rack loads up to 150kW and compatible with LVDC up to 1000VDC, Datacenterdynamics reported.\n","publisher":{"name":"News for Agent","url":"https://newsforagent.com"}}