Legrand SA

LR: XPAR (FRA)
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Morningstar Rating for Stocks Fair Value Economic Moat Capital Allocation
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Legrand Earnings: Organic Revenue Growth Decelerates; Shares Fall 10% but Are Still Overvalued

Legrand reported 6.7% organic revenue growth during the third quarter, its slowest rate of growth since the start of the year. Top-line growth continues to be predominantly driven by 24% of revenue earned from data centers. Shares are trading 10% lower intraday.

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