LIMOGES, France — Legrand today released its financial results for the first nine months of 2025.
Over the first nine months of 2025, Legrand reported sales growth of +14.5% excluding currency effects and an adjusted operating margin of 20.7% after acquisitions
- Organic growth: +8.2% driven by strong momentum in datacenters
- Net profit attributable to the Group: 12.8% of sales
- Free cash flow: growing +16.3%
7 acquisitions announced since the beginning of the year
- Representing approximately €500 million in additional annual sales in markets tied to the energy and digital transition, including 4 acquisitions in data centers
Full-year 2025 targets confirmed
- Sales growth: +10% to +12% excluding currency effects
- Adjusted operating margin (after acquisitions): 20.5% to 21.0% of sales
Benoît Coquart, Legrand’s Chief Executive Officer, commented:
“The third quarter of 2025 was another excellent period, continuing our growth momentum with revenue up +13.4% excluding currency effects.
Over the first nine months of the year, revenue (excluding currency effects), net income attributable to the Group, and free cash flow rose by +14.5%, +7.0%, and +16.3%, respectively.
These strong showings, fully aligned with our roadmap, reflect the disciplined and successful execution of our Ambitions 2030 plan, notably through:
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- the acceleration of our organic growth, driven by datacenters;
- the acceleration of our external growth, with seven transactions announced since the beginning of the year, representing approximately €500 million in additional annualized revenue, and a persistently robust acquisition pipeline;
- and continued strong financial discipline, notably in managing pricing, costs, and capital employed.
Building on these solid performances and on sustained positive indicators in datacenters, we confirm our annual targets, which were already raised three months ago.”
The full earnings report can be found here.
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