Legrand SA

LR: XPAR (FRA)

Morningstar Rating for Stocks	Fair Value	Economic Moat	Capital Allocation
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Legrand: Upgraded Midterm Targets Are Achievable, but We Still See Risks to the Equity Story

Matthew Donen

Oct 2, 2026

Legrand raised its medium-term financial targets at its Capital Markets Day. It raised sales growth (including acquisitions) to 11%-13% from 6%-10% through 2030 and the average adjusted operating margin to 21%-22% from 20%.

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Legrand SA

Legrand: Upgraded Midterm Targets Are Achievable, but We Still See Risks to the Equity Story

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