LIMOGES, France — Legrand today published its third quarter 2026 financial results.
Over the first nine months, Legrand delivered very strong sales growth of +22% (excluding currency effects) and excellent profitability
- Organic sales growth: +12.7%
- Growth through acquisitions: +8.3%
- Adjusted operating margin after acquisitions: 20.8% of sales
- Net profit attributable to the Group: +19.6%
7 acquisitions since the beginning of the year, all in buoyant energy and digital transition markets
2026 full-year targets revised upward
New 2030 ambitions
- Organic sales growth CAGR: +6% to +8%
- Yearly scope effect from acquisitions: around +5% on average
- Adjusted operating margin1: 21% to 22% of sales on average
Benoît Coquart, Legrand’s Chief Executive Officer, commented:
“In the first nine months of 2026, Legrand delivered very strong sales growth of +22% excluding currency effects, driven notably by organic growth in data centers of close to +40%, as well as contributions from both energy transition solutions and acquisitions.
This performance was accompanied by excellent profitability, with an adjusted operating margin of 20.8% after acquisitions. These results once again demonstrate our ability to combine growth with financial discipline and operational excellence, while delivering systematically on our strategic roadmap.
We presented our new 2030 ambitions at our Capital Markets Day on September 29, 2026. They are designed around three focus areas: data centers, where the Group benefits from a particularly comprehensive portfolio of solutions and unique positioning to support the next generation of infrastructures for artificial intelligence; energy transition, directly driven by electrification; and essential infrastructures for buildings. They are underpinned by structurally attractive markets, as well as Legrand’s unique growth engines: innovation, customer experience, pricing, and disciplined acquisitions. With annual organic and acquisition-driven growth of +11% to +13% and an adjusted operating margin of 21% to 22% of sales, these ambitions will create substantial value.
Building on our performance since the beginning of the year, we are raising our 2026 targets and remain committed to delivering profitable, responsible growth that creates lasting value.”