The electrical infrastructure specialist is among the top gainers in the CAC 40 this Wednesday, as the index rises by 0.81%. The stock rebounds after a lackluster week, following a new external growth operation announced earlier that morning. However, the valuation remains below its historical peak of €166.95 on May 7.
Fifth Acquisition in 2026 with the Purchase of SRS Power Engineering in Malaysia
Legrand announced this Wednesday the acquisition of SRS Power Engineering, a Malaysian specialist in power protection products. The Limoges-based group marks its fifth external growth operation since the beginning of the year, continuing its strategy focused on data centers and electrification.
The challenge of integrating these acquisitions remains central. During the release of the first quarter revenue on May 7, net debt had risen to €4.67 billion, up from €3.03 billion a year earlier. Organic growth reached 11.4%, amounting to €2.537 billion, with a stable adjusted operating margin of 20.7%.
In terms of valuation, the stock is trading at about 25.8 times the expected earnings for the current fiscal year, compared to an industrial sector average of 17.8 times, according to the consensus of 16 analysts. The expected growth in earnings per share is 11% from one fiscal year to the next.
Stock Moves Above Its 50-Day Moving Average but Remains Below Its May 7 Record
Free · Every morning
Technical market signals, before the opening bell.
Bullish and bearish momentum, analyst changes, stocks to watch — automatically computed from Euronext data.
✓ Before 9 AM every morning✓ Euronext data✓ AI-powered analysis
You're in — subscription confirmed!
Your first edition is on its way. Check your spam folder and add us to your contacts.
An error occurred.
Indicative data. No investment advice. Unsubscribe at any time.
Gratuit · chaque matin
Ne ratez plus rien sur vos actions
La tendance derrière les cours. L'essentiel des valeurs Euronext en quelques minutes.
📈les valeurs en mouvement, sur la durée
🎯les objectifs d'analystes qui évoluent
📰les actualités qui font bouger les cours
tendance · 6 séances
✓ C'est fait, vous êtes inscrit !
Votre première édition arrive bientôt. Pensez à vérifier vos spams.
Une erreur est survenue.
CAC 40 · SBF 120 · données indicatives · aucun conseil en investissement · désinscription à tout moment.
At €150.05, the stock has risen by 3.06% and has moved above its 50-day moving average (€144.63), with a gap of 3.75%. However, the stock remains slightly below its 20-day average (€152.25), by 1.44%. The RSI at 43 remains neutral, indicating no significant buying or selling pressure.
Over one year, the performance is up by +39.39%, but the price still hovers about 10% below the historical record of €166.95 reached on May 7. The resistance identified at €160.10 represents the next graphical threshold above the current price, with the reference support at €135.65.
The next financial calendar event is scheduled for May 27 with the general meeting of shareholders, followed by the dividend detachment on May 29. The first half of 2026 results are expected on July 29.
SectorMachines et équipements industriels›Équipements électroniques
Free · every morning · before 9am
Never miss a move on your stocks
The trend behind the prices · Euronext
✓ You're in! Check your spam folder.
An error occurred.
Context
Period
Period: S1 2026
Key reported figures
Revenue: 5 400 millions d'euros
Quarterly revenue: 5 400 millions d'euros
Revenue growth: 13,1 %
EBITDA: 1 263 millions d'euros
EBITDA margin: 23,4 %
Net income: 698,2 millions d'euros
5 755 millions d'euros
Guidance from the release
Legrand enregistre un semestre solide avec à nouveau une croissance record de ses ventes de +17% hors change et toujours une excellente rentabilité ; Objectifs annuels 2026 relevés
Risks mentioned
Situation géopolitique et économique qualifiée de « très évolutive » par la direction
Effets de change négatifs, la croissance publiée étant inférieure à la croissance hors change
Dépendance croissante à la dynamique du marché des centres de données
Opportunities identified
Croissance record de +17 % hors change tirée par les centres de données
Sept acquisitions créatrices de valeur dans la transition énergétique et numérique
Nombreux lancements de produits nouveaux dans le cadre du plan stratégique
Outlook / guidance
Expected revenue: 11 140 millions d'euros
Management commentary: sales growth (excluding currency effects) of between +16% and +19% (vs. +10% and +15% previously), comprising organic growth of between +8% and +10% (vs. +4% and +7% previously), and growth through acquisitions of around +8% (vs. between +6% and +8% previously); ■ adjusted operating margin (after acquisitions) of between 20.5% and 21.0% of sales (unchanged)
The information presented in this article is provided for informational purposes only and does not constitute an investment recommendation, an incentive to buy or sell a financial asset, or investment advice. Readers are invited to conduct their own research before making any decision.
Investments in the stock market involve risks, including the risk of capital loss. Past performance of an asset or market is no guarantee of future results. Any investment decision should be made taking into account your personal financial situation, objectives and risk tolerance.
