Legrand Shares Hit New All-Time High Following Annual Results Announcement

Annual Results Drive Market Performance

The trading session was driven by the publication of Legrand's annual results. The board of directors, which met on February 11, finalized the consolidated accounts for the fiscal year 2025, revealing a turnover of 9.5 billion euros for the period. This level of activity reflects the commercial dynamism of the group, a global leader in its field. The next major milestone is set for May 7 with the results of the first quarter of 2026, followed by the general meeting on May 27 and the dividend detachment on May 29. The semi-annual accounts will be communicated on July 29.

Technical Breakthrough in Stock Performance

From a technical perspective, surpassing the previous all-time high of 150.40 euros represents a significant bullish breakout signal. The stock price of 153.05 euros is now well above the resistance level that was at 150.20 euros, a threshold that has potentially become a new technical floor. However, the Relative Strength Index (RSI), which measures the speed and magnitude of price movements, reaches 87, a level well beyond the usual overbought threshold of 70. This extreme positioning reflects a very marked acceleration of the stock in recent weeks, with the performance over the last seven days alone reaching 13.5%. The price is also significantly deviating from its 50-day moving average, established at 129.26 euros, representing a gap of more than 18%, highlighting the magnitude of the movement since the publication of the annual accounts.