Legrand stock after-hours at EUR 142.70: plus 0.71 percent versus prior close
Published on 09/29/2026 at 18:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Legrand stock was at EUR 142.70 after-hours at 6:45 p.m. CEST on September 29, 2026, up plus 0.71 percent versus the prior close of EUR 141.70 at Lang & Schwarz.
Legrand outlines higher 2030 ambitions
In a September 28 release, Business Wire reported that Legrand was hosting a Capital Markets Day in Singapore on September 29, with a focus on its data center strategy and upgraded 2030 ambitions.
For 2027 through 2030, Legrand set an organic sales growth target of 6% to 8% annually, complemented by an average annual acquisition scope effect of around 5%. The company also targeted an adjusted operating margin of 21% to 22% of sales and free cash flow of 13% to 15% of sales on average, assuming no major macroeconomic disruption, according to Business Wire.
Legrand said data centers represented 32% of sales based on the first half of 2026 and that data center sales would exceed EUR 3 billion in 2026. The company also outlined a planned allocation of around 60% of free cash flow to acquisitions on average, alongside a dividend policy of around 50% of net income, as reported by Business Wire.
