Legrand SA
LR: XPAR (FRA)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| HtW | LOCK|?Q&Q | LOCK|Ws>Hn&h |
Legrand Earnings: Exceptional Results Led by Data Center Growth; Shares Appear Rich
Legrand reported 9% organic revenue growth in the first half, outperforming peers despite its higher exposure to a subdued construction market. Its adjusted operating margin reached 21.0%, beating company-compiled consensus. Shares are trading 5% higher intraday.
