Legrand (LGRVF) News Today

Legrand SA (OTCMKTS:LGRVF) shares have extended gains following strong quarterly results, upbeat guidance revisions, and continued momentum in the data-center segment. Key factors driving the stock’s positive trajectory include:

• Positive Sentiment: Q2 organic sales growth came in ahead of expectations, prompting management to raise its full-year guidance. Legrand shares jump on Q2 organic sales growth beat, guidance hike
• Positive Sentiment: Strong North American data-center demand led Legrand to lift its annual sales target, sending shares sharply higher. France's Legrand shares rise as data centre demand prompts outlook hike
• Positive Sentiment: Legrand cited advances in AI and data-center infrastructure when raising its 2025 growth target, reflecting confidence in high-margin segments. Legrand: Grâce à l'IA et aux data centers, Legrand ravit la Bourse…
• Positive Sentiment: The company is investing €22 million to expand its production capacity for data-center components, underpinning future growth. Legrand investit 22 millions d'euros…
• Positive Sentiment: Shares have reached fresh 52-week highs and were recently trading up nearly 40% over the past sessions. Legrand trading up 39.9%
• Positive Sentiment: Legrand also hit a new 12-month high amid robust market sentiment. Legrand reaches new 12-month high
• Positive Sentiment: The broader CAC 40 rally—buoyed by Wall Street’s gains—pushed Legrand to record highs in Paris trading. CAC 40 record for Legrand
• Positive Sentiment: Legrand is reinforcing its Montbard site to meet surging data-center demand in Europe. Legrand renforce son site de Montbard
• Neutral Sentiment: MarketBeat analysts maintain a “Buy” rating on Legrand amid the share price surge. Still a Buy?