Morningstar

Legrand Lifts Outlook After Sales Rise

Provided by Dow Jones Nov 5, 2026, 7:06:00 AM

By Aimee Look

Legrand raised guidance for 2026 after booking a rise in sales for the third quarter.

The French electrical and digital building infrastructure manufacturer said third-quarter sales were 2.93 billion euros, equivalent to $3.29 billion, and up from 2.2 billion euros the year before.

Legrand's adjusted operating margin was 20.8% for the third quarter, compared to 20% in the year-prior period.

The company said it expects sales growth excluding currency effects between 20% and 22% for the full year, with organic growth between 11% and 13%. It previously expected organic sales growth between 8% and 10%.

Legrand kept its adjusted operating margin guidance unchanged at between 20.5% and 21.0% of sales.

Write to Aimee Look at aimee.look@wsj.com

(END) Dow Jones Newswires

November 05, 2026 02:06 ET (07:06 GMT)

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