LIMOGES, France — Legrand today reported its first-half financial results for 2025.
Benoît Coquart, Legrand’s Chief Executive Officer, commented:
“Our first-half 2025 results were excellent, confirming both the relevance of our strategic roadmap and the strength of our teams’ execution.
The period was marked by numerous growth initiatives, both organic — with many new product launches and commercial initiatives — and external, with the acquisition of six recognized specialists in the energy and digital transition markets announced, representing close to €200 million in additional full-year revenue.
Encouraged by these strong performances, we are revising our full-year sales and margin targets upward.It has now been nearly a year since we unveiled our 2030 ambitions. The trends we’ve observed over the past twelve months — led primarily by datacenters, which account for 24% of our sales in the first half of 2025, and opportunities linked to the energy transition — combined with early results of our strategic roadmap, strengthen our confidence in reaching the upper end of our 2030 revenue target range, around €15 billion, compared with €8.6 billion in 2024”.
HIGHLIGHTS:
Legrand reports +15% sales growth in first-half 2025, excluding exchange-rate impact and an adjusted operating margin of 21.0% after acquisitions
- Organic growth over the half year: +9%, driven by datacenters
- Net profit attributable to the Group: 13.2% of sales
2025 full-year targets revised upward
- Sales growth of +10% to +12% excluding exchange-rate impact
- Adjusted operating margin (after acquisitions): 20.5% to 21.0% of sales
Active deployment of 2030 strategic roadmap
- 6 acquisitions announced since the beginning of the year
- New-product innovation and commercial excellence initiatives
- 2030 targets reaffirmed