Legrand SA — Cyborg Score 8/10

Strong
Electrical Equipment & Components / Building Infrastructure

Strategic Profile

Data centers represent 26% of group sales (€2.4 billion at year-end 2025) compared with €0.7 billion in 2020, and through nearly 30 acquisitions, Legrand has become a leading player and preferred partner for major industry participants in critical power, compute infrastructure and advanced cooling solutions. North America and Europe each account for 40% of group sales.

Cyborg Score Rationale

Legrand delivered record revenue growth of 13.1% excluding currency effects with organic growth of 7.7% and acquisition-related growth of 5.1%. The company maintains an adjusted operating margin of 20.5% to 21.0% of sales. Strong market positioning in secular growth markets (data centers, energy efficiency) with disciplined M&A strategy supports premium valuation.

Top Insights

  • Energy and digital transition solutions now represent 53% of the Group's 2025 sales, demonstrating strategic pivot success.
  • Management expressed confidence in continued datacenter growth of 10% to 20%, with the company describing itself as ready to adapt to technological changes like 800V DC architecture.
  • In November 2025, Legrand received the EcoVadis Platinum medal, placing the Group among the top 1% of companies for CSR performance.
  • In 2025, Legrand announced the acquisition of seven companies all in the energy and digital transition, representing €500 million in additional annualized revenue.

Named Competitors

  • Schneider Electric — Electrical distribution and automation solutions
  • Eaton — Electrical components and power management
  • Hubbell — Electrical and electronic products
  • Panasonic — Electronics and electrical equipment

Recent Developments

  • (February 2026) Legrand announced full-year 2025 results with 13.1% sales growth and provided 2026 guidance of 10-15% sales growth
  • (February 2026) Two additional datacenter segment acquisitions announced: KRATOS INDUSTRIES (U.S., ~$100M sales) and green 4T (Brazil, ~€45M sales)
  • (2025) Acquisition of seven companies including Avtron Power Solutions, Cogelec, and Performation representing €500M in revenue

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