Legrand lifts 2030 targets as Legrand stock sits 16.35 percent below its high

Published on 10/12/2026 at 10:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Legrand targets 6.00 to 8.00 percent organic growth for 2027-2030. Legrand stock costs EUR 139.65 on October 12, 2026, versus EUR 138.90.

Key points in brief

Legrand lifted its 2027-2030 organic growth target to 6.00 to 8.00 percent at its September 29, 2026 Capital Markets Day.
The company targets an adjusted operating margin of 21.00 to 22.00 percent, versus 20.80 percent after acquisitions in the first half of 2026.
Legrand stock was trading at EUR 139.65 at Lang & Schwarz on October 12, 2026, 0.54 percent above the October 9 Xetra close of EUR 138.90.
Legrand's next scheduled reporting dates are November 5, 2026, for nine-month results, and February 10, 2027, for annual results.

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Legrand (ISIN FR0010307819) was trading at EUR 139.65 at Lang & Schwarz on October 12, 2026, 0.54 percent above the Xetra close of October 9, 2026, at EUR 138.90. At its September 29, 2026 Capital Markets Day, the group lifted its 2027-2030 organic sales growth target to 6.00 to 8.00 percent, leaving Legrand stock 16.35 percent below its EUR 166.95 52-week high.

Three milestones shaped the plan

On June 10, 2026, Legrand announced the acquisition of Girtz Industries as part of an acquisition program that had reached 7 deals during the first half of 2026, according to Legrand. On July 29, 2026, first-half sales reached EUR 5.40 billion, up 13.10 percent, while adjusted operating margin after acquisitions was 20.80 percent, the same source reported.

On September 29, 2026, Legrand presented its upgraded 2030 roadmap. The company also expects an average annual acquisition contribution of 5.00 percent and free cash flow of 13.00 to 15.00 percent of sales through 2030, according to Legrand.

What do the targets mean for margins?

The margin ambition of 21.00 to 22.00 percent is above the 20.80 percent adjusted margin delivered after acquisitions in the first half of 2026. That comparison makes execution the central measure for the next reporting cycle, particularly as data center sales are expected to exceed EUR 3.00 billion in 2026, according to Business Wire.

Two reporting dates are ahead

Legrand has scheduled its nine-month 2026 results for November 5, 2026, followed by annual 2026 results on February 10, 2027, according to Business Wire. The November report will provide the next reported test of the growth path after first-half sales of EUR 5.40 billion.

Stock remains below its yearly high

At 10:03 a.m. CEST, the Legrand stock was trading at EUR 139.65 at Lang & Schwarz on October 12, 2026, up 0.54 percent versus the Xetra close of October 9, 2026, at EUR 138.90. The further course of trading is shown by the continuously updated real-time quote of Legrand stock.