Legrand: JPMorgan's Favorite Following a Reevaluation of the Electronics Subsector of the European Capital Goods Industry

Legrand S.A. is a global leader in electrical and digital building infrastructures. On July 17, the company presented strong preliminary figures for the first half of the year. With double-digit revenue growth and a significantly raised annual forecast, the company signals a positive trend. Particularly, the robust growth in the data center sector underscores the relevance of the company's strategic direction. On July 31, the final half-year figures were released, showing that revenue had increased by 15% (excluding currency effects) and an adjusted...