Legrand raises growth and margin targets on data-centre demand
Legrand ($LR) has raised its medium-term ambitions as data-centre demand exceeds its earlier assumptions. The electrical-infrastructure supplier now targets average annual organic revenue growth of 6%–8% for 2027–2030, versus its previous 3%–5% range for 2025–2030. It also seeks an average adjusted operating margin of 21%–22%, up from approximately 20%, according to Reuters. The shift implies a stronger growth and profitability profile, but the comparison spans different forecast periods and sho
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