Legrand Raises 2026 Sales Forecast on Data Centers
The French electrical equipment maker lifted its full-year growth outlook after strong demand from data centre customers.
Updated on Nov. 5, 2026 in Data Centers
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Legrand raised its 2026 sales growth forecast for the second time this year, now expecting 20% to 22% growth excluding currency effects. Sales for the first nine months reached €8.33 billion ($9.35 billion), rising 12.7% organically and beating analyst expectations.
Why it matters
Demand for power distribution, cooling and related equipment from data centre operators is driving results above market expectations. Continued orders from US hyperscalers suggest the buildout of data-centre infrastructure is sustaining demand for suppliers like Legrand.
The data centre segment, roughly a third of Legrand's turnover, grew nearly 40% over nine months, driven by power distribution, busways, UPS systems, cooling and racks. Legrand has announced seven takeovers in 2026 and expects acquisitions to add around 8% to sales this year.
The players
Legrand
A French manufacturer of electrical and digital building infrastructure products, including the power distribution and data centre equipment at the center of this forecast increase.
The details
Legrand supplies equipment used in data centres, including power distribution, busways, uninterruptible power supply systems, cooling and racks. The company relies heavily on acquisitions, and it has announced seven takeovers so far in 2026 while lifting its forecast.
Timeline
July 2026: Legrand announced its prior 2026 sales growth forecast of 16% to 19%.
First nine months of 2026: Sales reached €8.33 billion, above analyst expectations.
November 5, 2026: Legrand raised its 2026 sales growth forecast.
Situation Tracker
Legrand's upgrade follows the pattern of hyperscaler capital spending on AI-era data centres, which has pushed suppliers of power and cooling equipment to revise outlooks upward. The company's data centre segment growing nearly 40% over nine months shows that this demand is reaching equipment makers beyond the cloud operators themselves.
For businesses and organizations planning data-centre or building electrical upgrades, Legrand's rising lead demand suggests equipment availability and pricing may stay tight. Facility managers should expect suppliers of power distribution and cooling gear to prioritize large hyperscale orders.
The takeaway
Data centre demand is now large enough to lift equipment makers well beyond chipmakers and cloud operators. Watching supplier forecasts like Legrand's offers a practical signal of how fast AI infrastructure spending is moving.
Further reading
For more on the infrastructure behind this demand, see Data Centers.
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