Legrand Reports Strong H1 2025 Results and Increases Growth Forecast

Legrand, the French global electrical equipment giant based in Limoges, announced robust financial results for the first half of 2025. The company reported revenues of €4.77 billion, representing a 13.4% year-on-year increase from H1 2024. This notable growth also reflects a significant operational profit rise of 14.7%, reaching €931 million compared to €811.5 million during the same period last year.

Furthermore, Legrand's net profit climbed to €628.1 million, an increase of €50.5 million over the previous year. Reflecting on these impressive results, CEO Benoît Coquart described the performance as 'excellent' and noted the company's strategic movement in making six acquisitions since the start of 2025.

In light of the favorable results, Legrand has revised its annual targets, now projecting revenue growth between 10% and 12%, excluding currency fluctuations, while aiming for an adjusted operating margin ranging from 20.5% to 21% of sales. This decision underscores Legrand’s commitment to capitalizing on its robust performance as it navigates the business landscape for the remainder of the year.